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    Park Central Dr Columbia, SC 29203

    For Sale
    $1,567,244

    4-Acre Medical Park Site, Richland County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4-acre commercial land parcel in Richland County, South Carolina, presents a unique investment opportunity. Strategically located near Prisma Health Richland Campus and the University of South Carolina School of Medicine, this property benefits from its proximity to the burgeoning Bullstreet District, a major redevelopment project featuring thousands of new apartments, offices, retail spaces, and a new minor league baseball stadium. The site is part of a master-planned medical park, offering individual lots ideal for medical or professional uses. Existing infrastructure is comprehensive, including roads, utilities, and stormwater management. The property boasts attractive landscaping, protective covenants, and architectural review, ensuring a high-quality development environment. Access is convenient via Sunset Drive, leading directly to Prisma Richland Hospital, and is situated near N. Main Street, a vibrant area with recent streetscaping improvements. The site's park-like setting, with mature hardwoods and dedicated green space, provides a unique and appealing environment for development. Zoned as EC (Employment Campus District), this property offers significant potential for investors seeking a prime location in a rapidly growing area of Columbia. Individual lot pricing is available upon request.

    Property Features for 0 Park Central Dr

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • Full infrastructure including roads, utilities, and fiber optics is available.
    • Zoned EC- Employment Campus District, City of Columbia.
    • Opportunity Zone location.
    • Sites available: Site 3 (1 acre, $389,862), Site 9 (1.36 acres, $530,212), Site 10 (1.66 acres, $647,170); all priced at $8.95/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -81.0396811033
    Latitude
    34.028978495989

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    FAQs

    What type of property is this?
    Land - 4-Acre Medical Park Site, Richland County
    Where is this land located?
    The property is located at Park Central Dr Columbia, SC.
    What is the asking price?
    The asking price for this property is $1,567,244.
    What are key features of this property?
    This property features: Full infrastructure including roads, utilities, and fiber optics is available.; Zoned EC- Employment Campus District, City of Columbia.; Opportunity Zone location.
    Request Owner's contact information
    Park Central Dr 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
    Park Central Dr Columbia, SC 29203
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