Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Leesburg Rd Columbia, SC 29209

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Leesburg Rd Columbia, SC 29209

    View on Map
    • Land
    • 1.75 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Leesburg Rd

    Lot size
    1.75 lot acres
    Property type
    Land

    Description

    This exceptional 1.75-acre commercial land parcel presents a prime development opportunity in Columbia, South Carolina. Strategically located on Leesburg Road in Richland County, this property boasts exceptional visibility and high traffic counts, averaging 26,700 vehicles per day. Its advantageous position directly fronts the I-77 ramp and enjoys proximity to Garners Ferry Road, ensuring significant exposure to potential customers. The property is zoned GC (General Commercial) by the City of Columbia, offering flexibility for a wide range of commercial developments. An existing easement ensures convenient access to Leesburg Road, and an off-site stormwater retention pond (with recorded easement available upon request) simplifies development planning. Furthermore, city water and sewer connections are readily available, streamlining the construction process and minimizing infrastructure costs. This is an ideal site for businesses seeking high visibility and convenient access to major transportation arteries in a rapidly growing area. The asking price is $375,000. Don't miss this chance to acquire a highly desirable commercial lot in a thriving location. The zip code is 29209.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -80.9159
    Latitude
    33.9802

    Comparable in this City

    • Value Estimation by Request
      13.20 Acres

      1709 Atlas Rd

      Land • 1 SF
      1709 Atlas Rd, Columbia, SC 29209
      View Details
    • Value Estimation by Request
      26.00 Acres

      Frances St

      Land • 26.00 Acres
      0 Frances St, Columbia, SC 29209
      View Details
    • Value Estimation by Request
      39.93 Acres

      Pineview Dr & Shop Rd

      Land • 39.93 Acres
      0 Pineview Dr & Shop Rd, Columbia, SC 29209
      View Details
    • Value Estimation by Request
      17.50 Acres

      5472 Bluff Rd

      Land • 17.50 Acres
      5472 Bluff Rd, Columbia, SC 29209
      View Details
    • Value Estimation by Request
      3.81 Acres

      1920 Pineview Rd

      Land • 3.81 Acres
      1920 Pineview Rd, Columbia, SC 29209
      View Details
    • Value Estimation by Request

      Garners Ferry Rd

      Multifamily properties
      0 Garners Ferry Rd, Columbia, SC 29209
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vacant Land For Sale

      Vacant wooded lot to be sold via online auction.
      317 Vermillion Dr, Columbia, SC 29209
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      2800 Leesburg Rd, Columbia, SC 29209
      View Details
    • $409,500

      6.3 Acres Industrial Development Site

      6.3 acres ideal for light industrial and flex development.
      1208 Pineview Dr, Columbia, SC 29209
      View Details
    • Contact for pricing

      Vacant Corner Lot in Columbia

      Vacant corner lot to be sold via online auction.
      101 Honey Tree Rd, Columbia, SC 29209
      View Details
    • Contact for pricing

      Land in Southeast Columbia Location

      Land near retail corridor, Fort Jackson, and Cross Hill Market.
      1002 Drake St, Columbia, SC 29209
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land for Lease

      Land available for lease in Columbia, SC.
      1137 Pineview Dr, Columbia, SC 29209
      View Details
    • $4,000 /Mo
      40,100 SF

      Columbia Industrial Land - Shop Rd

      0.92-acre lot, ideal for storage & parking.
      2651 Shop Rd, Columbia, SC 29209
      View Details
    • Contact for pricing

      Land Lot for Ground Lease

      Approximately 3.56 acre lot available for ground lease.
      1725 Pineview Dr, Columbia, SC 29209
      View Details
    • Contact for pricing
      28,750 SF

      Garners Ferry Road Commercial Land

      ±10.66 Acres, Ground Lease or Build-to-Suit
      6406 Garners Ferry Rd, Columbia, SC 29209
      View Details
    • Contact for pricing

      Fenced Outdoor Storage with Building

      Land with fenced storage and a 30,104 SF building.
      1400 Atlas Ct, Columbia, SC 29209
      View Details
    • Contact for pricing

      I-77 Frontage Land For Rent

      Industrial and commercial land for rent with I-77 frontage.
      1709 Atlas Rd, Columbia, SC 29209
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Leesburg Rd
    Columbia, SC 29209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!