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    1101 Balsam Rd Columbia, SC 29210

    Sponsored
    For Sale
    $1,200,000

    Versatile 10,000 SF school campus on 2 acres

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.08-acre property in Richland County, South Carolina, presents a unique investment opportunity. Located at 1101 & 1105 Balsam Road, Columbia, SC 29210, this property offers significant redevelopment potential. The site currently houses a fully operational Montessori school, comprising a main 8,000 square foot school building and a separate 2,000 square foot multi-purpose building. The property boasts a solar-powered pool and is fully fenced, adding to its appeal. Its convenient location provides excellent access to downtown Columbia and major highway systems, ensuring high visibility and accessibility. The property is zoned MU1, allowing for a variety of potential uses, making it an ideal canvas for creative redevelopment projects. The asking price for this versatile campus is $1,200,000. This presents a rare chance to acquire a substantial property with significant upside potential in a thriving South Carolina market. Don't miss this chance to capitalize on this prime real estate opportunity.

    Property Features for 1101 Balsam Rd

    General Information

    Property type
    Schools
    Square Feet
    2,000 SF
    Lot Size
    90,605 SF

    HighLights

    • Versatile property with multiple redevelopment options.
    • 8,000 SF school building and 2,000 SF multi‑purpose building on a 2.08‑acre lot.
    • Currently operating as a Montessori school.
    • Excellent access to downtown Columbia and major highways.
    • MU1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Montessori Early Learning ... School Children's Ballet Co Dance Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -81.0800021
    Latitude
    34.0275793

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    FAQs

    What type of property is this?
    School - Versatile 10,000 SF school campus on 2 acres
    Where is this school located?
    The property is located at 1101 Balsam Rd Columbia, SC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Versatile property with multiple redevelopment options.; 8,000 SF school building and 2,000 SF multi-purpose building on a 2.08-acre lot.; Currently operating as a Montessori school.
    Request Owner's contact information
    1101 Balsam Rd Columbia, SC 29210
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    Columbia, SC 29210
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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
    1101 Balsam Rd Columbia, SC 29210
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