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    100 Gateway Corporate Blvd Columbia, SC 29203

    For Sale
    $4,200,000

    Columbia, SC Office Investment

    Property size:
    28,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional two-story office building, totaling 28,500 square feet, is situated on a 3.1-acre lot in Northeast Columbia, South Carolina. Built in 1992 and renovated in 2000, the property boasts ample parking and is ideally located just off Interstate 77 and Farrow Road, providing convenient access to major roadways. Currently leased to Webster University with a remaining two-year lease term, this property presents a compelling investment opportunity. Its prime location in the thriving Northeast corridor offers proximity to MUSC Medical Northeast, numerous retailers, restaurants, and businesses, enhancing its appeal as a medical office or general office space. The area benefits from consistent economic growth, further bolstered by the nearby Scout Motors manufacturing plant, creating 4,000 new jobs. The property's strong location, combined with a 7.3% cap rate and a large 3.1-acre lot, makes it an attractive investment for discerning buyers. The building is approximately 10.2 miles from Interstate 77 and serves a vibrant local market with approximately 46,846 households within a 5-mile radius. This is a rare opportunity to acquire a well-maintained, strategically located office building in a rapidly growing area of Columbia, SC. The asking price is $4,200,000, with a price per square foot of $147.37. The property is zoned for both creative office and medical office uses.

    Property Features for 100 Gateway Corporate Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    28,500 SF
    Lot Size
    135,036 SF

    Building Details

    Year Built/Renovated
    1992/2000

    HighLights

    • 7.3% Cap Rate.
    • Prime Northeast Columbia location.
    • ±10.2 miles from I‑77, offering excellent access to major roadways.
    • Vibrant local market with ±46,846 households within a 5‑mile radius.
    • Proximity to MUSC Medical Northeast.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Webster University College

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -80.955232
    Latitude
    34.1050122

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    FAQs

    What type of property is this?
    Medical office - Columbia, SC Office Investment
    Where is this medical office located?
    The property is located at 100 Gateway Corporate Blvd Columbia, SC.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: 7.3% Cap Rate.; Prime Northeast Columbia location.; ±10.2 miles from I-77, offering excellent access to major roadways.
    Request Owner's contact information
    100 Gateway Corporate Blvd Columbia, SC 29203
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    Columbia, SC 29203
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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
    100 Gateway Corporate Blvd Columbia, SC 29203
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