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    1922 Gervais St Columbia, SC 29201

    For Sale
    $1,295,000

    1.82 Acres, Prime Columbia Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.82-acre commercial land parcel presents a unique investment opportunity in the heart of Columbia, South Carolina. Located at 1922 Gervais Street, this property boasts a highly desirable location, situated on the main corridor of Gervais Street, just one block from the vibrant Five Points area. The site is conveniently located approximately 0.5 miles from the University of South Carolina and within one mile of Downtown Columbia, ensuring high visibility and accessibility. The property comprises five individual parcels, all zoned CAC, offering significant development potential. With an estimated 29,600 vehicles passing daily, this location guarantees substantial traffic exposure. Its proximity to the University Hill neighborhood adds to its appeal, making it an ideal site for a variety of commercial ventures. The substantial lot size and strategic location make this an exceptional opportunity for investors seeking high-return potential in a thriving South Carolina market. The property's address is 1922 Gervais St, Columbia, SC 29201, in Richland County. This is a rare chance to acquire a significant commercial land holding in a rapidly developing area. The asking price is $1,295,000.

    Property Features for 1922 Gervais St

    General Information

    Property type
    Land
    Lot Size
    79,279 SF

    HighLights

    • 1.82‑acre commercial land parcel for sale, comprised of five individual parcels, located at 1922 Gervais St, Columbia, SC 29201.
    • CAC zoning.
    • Approximately 29,600 vehicles per day (VPD) on Gervais Street.
    • One block from Five Points and adjacent to the University Hill neighborhood.
    • ±0.5 miles from the University of South Carolina and within 1 mile of Downtown Columbia.
    • Located on the main corridor of Gervais Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    EMAC2 Electrical Supply Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -81.021087
    Latitude
    34.0044109

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    FAQs

    What type of property is this?
    Land - 1.82 Acres, Prime Columbia Location
    Where is this land located?
    The property is located at 1922 Gervais St Columbia, SC.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: 1.82-acre commercial land parcel for sale, comprised of five individual parcels, located at 1922 Gervais St, Columbia, SC 29201.; CAC zoning.; Approximately 29,600 vehicles per day (VPD) on Gervais Street.
    (803) 255-8642
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    1922 Gervais St Columbia, SC 29201
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    Columbia, SC 29201
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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
    1922 Gervais St Columbia, SC 29201
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