Redevelopment Retail
9009 Two Notch Road Columbia, SC 29223
For Sale
Contact for pricing
Retail space on a redevelopment site with approximately 4,327 SF available for sale.
Property Size4,327 SF
Lot Size1.03 Acres
Price / SF$254.22
Days on Market133
Property Features for 9009 Two Notch Road
General Information
- Standard status
- Active
- Size
- 4,327 SF
- Lot size
- 1.03 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing Agency:
Wilson Kibler
(803) 331-6174
Listed By:
John Mills · License #SC 97905
Source:
Crexi
Added: Mar 14
Changed: Jul 23
Last Checked: Jul 23 at 5:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilson Kibler
Investment Insights
Based on property information with market context.
The offering includes approximately 4,327 SF of retail space situated on a redevelopment site for sale. The property’s stated land size is approximately 1.03 acres, providing an opportunity to reimagine the existing site for future retail use.
The property is located at 9009 Two Notch Road in Columbia, SC 29223. The transaction is structured as a for-sale redevelopment opportunity.
Prospective buyers should review the property details and redevelopment requirements directly, as no additional building features, current tenant status, or improvements are provided in the information available.
The property is located at 9009 Two Notch Road in Columbia, SC 29223. The transaction is structured as a for-sale redevelopment opportunity.
Prospective buyers should review the property details and redevelopment requirements directly, as no additional building features, current tenant status, or improvements are provided in the information available.
Key Highlights
- Approximately 4,327 SF retail space available for sale
- Redevelopment site for sale on approximately 1.03 AC
- Year built: 1988
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.5k | $21.60 |
| − Vacancy | −$5.6k | −$1.30 |
| EGI | $87.9k | $20.30 |
| − OpEx | −$26.4k | −$6.09 |
| NOI | $61.5k | $14.21 |
4,327 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$878.6K
$768.7K – $1.02M
NOI $61,499 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$932.3K – $1.24M
NOI $74,584 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hola Mexico
Restaurant
FAQs
What type of property is this?
Retail space - Retail space on a redevelopment site with approximately 4,327 SF available for sale.
Where is this retail space located?
The property is located at 9009 Two Notch Road Columbia, SC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 4,327 SF retail space available for sale; Redevelopment site for sale on approximately 1.03 AC; Year built: 1988
