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    6400 Shakespeare Rd Columbia, SC 29223

    For Sale
    $360,000

    Prime 3.8-acre development site in Richland County.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3.8-acre commercial land parcel presents a remarkable residential development opportunity in Northeast Columbia, South Carolina. Located at 6400 Shakespeare Rd, zip code 29223, this property boasts a highly desirable RM-HD zoning designation (Residential, Multifamily, High Density District) within Richland County's jurisdiction. The zoning allows for high-density residential construction, making it ideal for apartments, townhouses, or other multi-family dwellings. Its strategic location offers convenient access to major thoroughfares, including the heavily trafficked Two Notch Road, and provides easy connectivity to Interstates 20 and 77, ensuring excellent accessibility for future residents. The asking price for this exceptional development site is $360,000. Given its size, zoning, and location, this property represents a significant investment opportunity with considerable potential for substantial returns. Serious inquiries are encouraged to explore the possibilities of this prime development land. The property's coordinates are 34.0596996 latitude and -80.9710615 longitude.

    Property Features for 6400 Shakespeare Rd

    General Information

    Property type
    Land
    Lot Size
    165,528 SF

    HighLights

    • $360,000 asking price.
    • 3.8‑acre commercial land parcel.
    • RM‑HD zoning (Residential, Multifamily, High Density).
    • Excellent location off heavily trafficked Two Notch Road.
    • Easy I‑20 and I‑77 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store 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
    -80.9710615
    Latitude
    34.0596996

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    FAQs

    What type of property is this?
    Land - Prime 3.8-acre development site in Richland County.
    Where is this land located?
    The property is located at 6400 Shakespeare Rd Columbia, SC.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: $360,000 asking price.; 3.8-acre commercial land parcel.; RM-HD zoning (Residential, Multifamily, High Density).
    Request Owner's contact information
    6400 Shakespeare Rd Columbia, SC 29223
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    Columbia, SC 29223
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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
    6400 Shakespeare Rd Columbia, SC 29223
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