Commercial Real Estate Market in Columbia, SC

Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31

476 active listings and 12,918 off-market properties in Columbia, SC. Commercial property asks $158/SF to buy and $18.50/SF/Yr to lease. Office vacancy runs 7.9%, the loosest of the segments tracked here.

Zoning & Land Use

Land Use Mix share of zoned land by category

  • Civic 80.1%
  • Residential 4.5%
  • Planned_development 4.4%
  • Mixed use 4%
  • Open space 3.3%
  • Industrial 2.8%
  • Commercial 0.9%

Largest Zones share of zoned land by district

Institutional Fort Jackson District
Institutional General District
Planned Development And General District
Residential Single Family And Large Lot District
Residential Single Family And Medium Lot District
Residential Single Family And Medium Lot District (RSF-2)

Reserve District ................................................................................ 3-8 (e) RSF-1: Residential Single-Family - Large Lot District ................................................ 3-10 (f) RSF-2: Residential Single-Family - Medium Lot District ........................................... 3-12 (g) RSF-3: Residential Single-Family -…

Market overview

Demographics & Economy

Columbia, SC has 344,350 residents in 156,960 households. Density runs 1,165 people per square mile. Median household income here is $58,860 and median gross rent $1,232 a month.

344,350
Population
156,960
Households
2.2
Avg Household Size
35
Median Age
42%
College-Educated
92%
High-School Grad
295.5 sq mi
ZIP Area
1,165
Density / Sq Mi
$58,860
Median Household Income
$36,925
Median Earnings
$1,232
Median Rent
$209,361
Median Home Value

Tools

Zoning Insight Business Placement

Nearby Markets

Market Median Asking Price, $/SF Median Asking Rent, $/SF/Yr
West Columbia $197 $15.00
Cayce $123 $13.00

Commercial property in Columbia, SC asks $158/SF. The 2 bordering markets run from $123/SF in Cayce to $197/SF in West Columbia, and the city sits in line with their $160/SF median.

Frequently Asked Questions

What is the median price per square foot for commercial property in Columbia?
Commercial property in Columbia, SC asks a median of $158 per square foot. The 4 most recent recorded sales traded at a median of $290/SF. By property type, multifamily carries the highest median asking price at $178/SF.
How much does it cost to lease commercial space in Columbia?
The median asking lease rate in Columbia, SC is $18.50 per square foot per year. Office asks $17.74/SF/Yr as of Q2 26, down from $22.56/SF/Yr in Q1 26.
What is the office vacancy rate in Columbia?
Office vacancy in Columbia, SC is 7.9% as of 2025, down from 18.6% in 2020. Retail vacancy is 5.7%, below Office vacancy.
Which property type has the lowest vacancy in Columbia?
Industrial has the lowest vacancy in Columbia, SC at 5.5%, inside a 3.9–5.5% band since 2022. For comparison: office 7.9%, retail 5.7% and multifamily 11.3% (South).
How does Columbia compare to nearby markets on price?
Columbia, SC asks $158/SF, against $197/SF in West Columbia and $123/SF in Cayce. Cayce is the cheapest entry point at 22% below Columbia pricing, with $13.00/SF/Yr asking rents.
Where does Realmo's Columbia market data come from?
Realmo compiles Columbia, SC figures from 4 recent recorded sales, 181 active sale listings, 295 active lease listings, 12,918 tracked off-market properties, the current Columbia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
Asking prices and medians
There are 181 active for-sale and 295 active for-lease listings in Columbia, SC. The medians are based on 49 of the for-sale and 53 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
Vacancy rates
Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
Zoning and land use
The current municipal zoning release: 84,572 zoned acres across 26 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
Refresh
The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
Known limitations
multifamily vacancy is reported at South region level.
Coverage
Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.

Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue