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    5607 Old Frst Dr Columbia, SC 29206

    Sponsored
    For Sale
    $950,000

    Prime 2.06-acre commercial lot in Columbia, SC, ideal for hotel or retail development.

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.06-acre commercial property, located at 5607 & 5615 Old Forest Drive in Richland County, South Carolina, presents a unique investment opportunity. Zoned for General Commercial use, this land offers significant potential for a variety of developments, including hotels, retail spaces, or even self-storage facilities. The property's strategic location at the intersection of Forest Drive and Percival Road provides excellent visibility and accessibility. Its proximity to I-77 and the Fort Jackson Main Gate ensures high traffic volume and a strong potential customer base. The asking price is $950,000. Furthermore, there's potential for expansion

    Property Features for 5607 Old Frst Dr

    General Information

    Property type
    Hotels
    Square Feet
    1 SF
    Lot Size
    89,734 SF

    HighLights

    • Excellent location for hotel, retail, or self‑storage development.
    • Zoned General Commercial.
    • Expansion potential to 4.25 acres.
    • High visibility near I‑77 and Fort Jackson Main Gate.
    • Prime corner lot at Forest Drive and Percival Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -80.9466674
    Latitude
    34.0240358

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    FAQs

    What type of property is this?
    Hotel - Prime 2.06-acre commercial lot in Columbia, SC, ideal for hotel or retail development.
    Where is this hotel located?
    The property is located at 5607 Old Frst Dr Columbia, SC.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Excellent location for hotel, retail, or self-storage development.; Zoned General Commercial.; Expansion potential to 4.25 acres.
    Request Owner's contact information
    5607 Old Frst Dr Columbia, SC 29206
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    Columbia, SC 29206
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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
    5607 Old Frst Dr Columbia, SC 29206
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