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    Summit Pkwy Columbia, SC 29229

    For Sale
    $750,000

    2.25 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2.25-acre commercial land parcel presents a significant investment opportunity in Columbia, South Carolina. Located on Hardscrabble Road and Summit Parkway, this property enjoys high visibility due to its frontage on Summit Parkway and its adjacency to a Lidl Grocery Store. The site is zoned for commercial use within the Summit PDD, a desirable development area. Its 2.25 acres provide ample space for a variety of commercial ventures, including retail businesses, restaurants, or office spaces. The property's strategic location in Richland County, with a zip code of 29229, offers excellent access to major transportation routes and a thriving consumer base. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly growing area of Columbia, offering significant potential for future development and strong returns. The asking price for this prime commercial land is $750,000. The property's location offers unparalleled access and visibility, making it an ideal choice for businesses seeking a high-traffic location. This is a truly exceptional opportunity to establish a thriving business in a vibrant and growing community.

    Property Features for 0 Summit Pkwy

    General Information

    Property type
    Land
    Lot Size
    98,010 SF

    HighLights

    • 2.25‑acre commercial land parcel in Columbia, SC, asking $750,000.
    • Located on Summit Parkway, adjacent to Lidl Grocery Store.
    • Zoned for commercial use within the Summit PDD.
    • Excellent visibility and accessibility due to its location on Summit Parkway.
    • Ideal for retail, restaurant, or office development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Summit Housing Development Dr. Lynn N. ... Doctor Thomas S. Davant ... Orthodontist Family Orthodontics - Columbia Orthodontist Brookland Baptist Church ... Baptist Church

    Map

    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -80.908238221415
    Latitude
    34.158458243706

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    FAQs

    What type of property is this?
    Land - 2.25 Acres, Prime Retail Location
    Where is this land located?
    The property is located at Summit Pkwy Columbia, SC.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 2.25-acre commercial land parcel in Columbia, SC, asking $750,000.; Located on Summit Parkway, adjacent to Lidl Grocery Store.; Zoned for commercial use within the Summit PDD.
    Request Owner's contact information
    Summit Pkwy Columbia, SC 29229
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    Columbia, SC 29229
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Summit Pkwy Columbia, SC 29229
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