1201 Lyon St, Columbia, SC 29204
This exceptional 0.75-acre mixed-use property in Columbia, South Carolina, presents a compelling redevelopment or investment opportunity. Located at the prominent corner of Gervais and Lyon Streets, the property encompasses 5,200 square feet and includes four existing duplex buildings, each featuring two-bedroom, one-bathroom units for a total of eight units. The property is zoned MU-1, allowing for a variety of potential uses. The large, flat lot offers abundant parking and existing utilities, including city water and sewer. The current structures provide immediate income potential while the substantial lot size and zoning present significant upside for future development. This is an ideal opportunity for investors seeking to capitalize on the growing Columbia market, whether through continued operation as affordable housing or a complete redevelopment project. The property's prime location and significant acreage make it a rare find in this desirable area. The address is 1201 Lyon St, Columbia, SC 29204, with APN R11410-03-08; 07. This is a chance to acquire a substantial property with immediate cash flow and significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.