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    253 Forum Dr Columbia, SC 29229

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, excellent visibility.

    Lot size:
    93,218 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 253 Forum Dr in Columbia, South Carolina, presents a significant investment opportunity. The property boasts a total building size of 93,218 square feet, with 10,151 square feet currently vacant, offering immediate potential for expansion or lease. The building was constructed in 2008 and is zoned GC, allowing for a variety of retail and restaurant uses. Situated on a generous 2.14-acre lot, the property benefits from high visibility and accessibility, making it ideal for businesses seeking a prominent location. The single-tenant occupancy provides flexibility for a variety of uses, while the ample space allows for significant customization. The property's location in Richland County, with a zip code of 29229, places it within a thriving commercial corridor, ensuring high foot traffic and strong potential for return on investment. The property's size and location make it an attractive option for both established businesses seeking expansion and new ventures looking to establish a strong presence in the Columbia market. This is a rare opportunity to acquire a substantial retail space in a prime location.

    Property Features for 253 Forum Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    93,218 SF

    Building Details

    Year Built
    2008

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,151 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -80.8727596
    Latitude
    34.1285219

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space, excellent visibility.
    Where is this restaurant located?
    The property is located at 253 Forum Dr Columbia, SC.
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    253 Forum Dr 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
    253 Forum Dr Columbia, SC 29229
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