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    8900 Farrow Rd Columbia, SC 29203

    For Sale
    $399,000

    ±10.87 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This ±10.87-acre commercial land parcel in Columbia, South Carolina, presents a unique investment opportunity. Located at 8900 Farrow Road, this M-1 zoned property boasts exceptional visibility and accessibility. Situated just 0.5 miles east of the intersection of Farrow Road and I-77, it offers convenient right-in/right-out access from Farrow Road and excellent directional visibility from Gateway Corners Park, behind the adjacent TD Bank. The property enjoys a prime location across from Providence Northeast Hospital and numerous medical facilities, as well as Pinnacle Point Office Park and other office buildings. Its proximity to Carolina Research Park (0.75 miles west, across I-77) further enhances its appeal, placing it near major employers such as BlueCross BlueShield, Pure Fishing, South University, and several others. With 137 feet of frontage on Farrow Road, and a 2019 traffic count of 32,900 vehicles per day (Station 281), this site is ideally suited for a variety of uses, including fast food, office, medical, or general retail establishments. City of Columbia water and East Richland Sewer District services are available. The asking price is $399,000, translating to $10.53 per square foot. This represents a compelling opportunity to acquire a strategically located commercial land parcel in a thriving area of Richland County.

    Property Features for 8900 Farrow Rd

    General Information

    Property type
    Land

    HighLights

    • 0.87‑acre site.
    • M‑1 zoning (Richland County).
    • City of Columbia water.
    • East Richland Sewer District sewer.
    • 32,900 vehicles per day (VPD) on Farrow Road (Station 281, 2019 traffic count).
    • 137 feet of Farrow Road frontage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -80.95315153
    Latitude
    34.1057366

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    FAQs

    What type of property is this?
    Land - ±10.87 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 8900 Farrow Rd Columbia, SC.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 0.87-acre site.; M-1 zoning (Richland County).; City of Columbia water.
    Request Owner's contact information
    8900 Farrow Rd 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
    8900 Farrow Rd Columbia, SC 29203
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