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    Congaree Dr West Columbia, SC 29172

    For Sale
    $1,000,000

    Prime residential development land, 107 acres, multifamily zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 107-acre property, located in West Columbia, South Carolina, presents a remarkable opportunity for residential development. Situated on Congaree Drive, between Fish Hatchery Road and Edmund Highway, this land boasts an R-2 (Multifamily) zoning designation, allowing for the potential creation of numerous housing units. The property's convenient location offers easy access to major transportation arteries, providing seamless connectivity for residents. Its proximity to downtown Columbia (approximately 10.3 miles and a 20-minute drive) and thriving employment centers, including Amazon, UPS, FedEx, SCANA, Nephron, and Home Depot, further enhances its appeal. The site is ideally positioned near Lexington County School District Two schools: Woods Elementary, Pine Ridge Middle School, and Airport High School, making it attractive to families. Lexington County's rapid growth trajectory adds to the investment potential. The property's substantial size (107 acres) offers significant development flexibility. The APN is 006799-05-028. Sewer infrastructure is available within the neighborhood. This offering presents a unique chance to capitalize on the burgeoning residential market in a highly desirable location. The asking price for this exceptional property is $1,000,000.

    Property Features for 0 Congaree Dr

    General Information

    Property type
    Land
    Lot Size
    4,660,920 SF

    HighLights

    • R‑2 multi‑family zoning, Town of Pine Ridge.
    • Sewer available.
    • Woods Elementary, Pine Ridge Middle, and Airport High school districts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.116404
    Latitude
    33.917252

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    FAQs

    What type of property is this?
    Land - Prime residential development land, 107 acres, multifamily zoning.
    Where is this land located?
    The property is located at Congaree Dr West Columbia, SC.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: R-2 multi-family zoning, Town of Pine Ridge.; Sewer available.; Woods Elementary, Pine Ridge Middle, and Airport High school districts.
    (803) 401-4273
    Request Owner's contact information
    Congaree Dr West Columbia, SC 29172
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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
    Congaree Dr West Columbia, SC 29172
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