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    2917 Augusta Rd West Columbia, SC 29170

    For Sale
    $1,500,000

    7.87 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 7.87-acre commercial land parcel in West Columbia, South Carolina, presents a unique development opportunity. Zoned C-2, it boasts 600 feet of road frontage on Augusta Road, a major thoroughfare connecting Downtown Columbia to Lexington, with a daily traffic count of 40,800 vehicles. Its strategic location is only 0.42 miles from I-26, enjoying high visibility and accessibility, with a daily traffic count of 88,700 vehicles on the interstate. The property is ideally situated next to Lowe's and across from Aldi, ensuring high traffic and consumer visibility. While offering significant potential, prospective buyers should note that wetlands are present at the rear of the property, as detailed in the provided offering memorandum. The parcel's proximity to other established retail businesses, including Walmart, Hobby Lobby, and Chick-fil-A, further enhances its desirability. This is the closest undeveloped land to I-26, making it an exceptional investment for a new retail development. The property's APN is 004532-01-004. The asking price is $1,500,000.

    Property Features for 2917 Augusta Rd

    General Information

    Property type
    Land
    Lot Size
    342,817 SF

    HighLights

    • C‑2 zoning in West Columbia, SC.
    • High traffic count of 40,800 vehicles on Augusta Road.
    • Less than half a mile to I‑26 (88,700 daily traffic count).
    • Excellent visibility; adjacent to Lowe's and across from ALDI.
    • 600 feet of 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 Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.115191
    Latitude
    33.978112

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    FAQs

    What type of property is this?
    Land - 7.87 Acres, Prime Retail Location
    Where is this land located?
    The property is located at 2917 Augusta Rd West Columbia, SC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: C-2 zoning in West Columbia, SC.; High traffic count of 40,800 vehicles on Augusta Road.; Less than half a mile to I-26 (88,700 daily traffic count).
    Request Owner's contact information
    2917 Augusta Rd West Columbia, SC 29170
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    West Columbia, SC 29170
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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
    2917 Augusta Rd West Columbia, SC 29170
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