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    1421 Broad River Rd Columbia, SC 29210

    Sponsored
    For Sale
    $350,000

    Prime location, high traffic, vacant 3,000 SF retail space.

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,000 square foot freestanding retail building presents a compelling investment opportunity in Columbia, South Carolina. Situated at 1421 Broad River Road, this property benefits from its high-traffic location, boasting 32,480 vehicles passing daily. Its convenient access to Interstates 20 and 26, as well as downtown Columbia, ensures excellent visibility and accessibility for customers. Built in 1975, the single-story building sits on a 0.29-acre lot and is currently vacant, offering immediate occupancy for a new tenant. The asking price is $350,000, representing a price per square foot of $116.67 and a projected cap rate of 6.00%. The property features ADA-compliant entrances, restrooms, and parking, ensuring accessibility for all patrons. A significant upgrade was completed in 2018 with the installation of a new 7.5-ton HVAC unit. The building is zoned GC and allows for pylon signage, maximizing visibility and brand recognition. This versatile space is suitable for a variety of retail uses, including convenience stores and quick-service restaurants (QSR). This is an ideal opportunity for investors seeking a strong return in a thriving commercial area. The property is for sale or lease.

    Property Features for 1421 Broad River Rd

    General Information

    Property type
    Restaurants
    Square Feet
    3,000 SF
    Lot Size
    12,632 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Sm‎‎‎‎‎‎‎‎‎‎‎‎oking ju‎‎‎‎‎‎‎‎‎‎‎‎uls And Wa‎‎‎‎‎‎‎‎‎‎‎‎ter ... Vaporizer Store Kyle smoke shop Tobacco Shop KYLÉ Smoke Shop ... Tobacco Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -81.0864819
    Latitude
    34.0297564

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    FAQs

    What type of property is this?
    Restaurant - Prime location, high traffic, vacant 3,000 SF retail space.
    Where is this restaurant located?
    The property is located at 1421 Broad River Rd Columbia, SC.
    What is the asking price?
    The asking price for this property is $350,000.
    Request Owner's contact information
    1421 Broad River 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
    1421 Broad River Rd Columbia, SC 29210
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