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    Mixed-use properties

    1201 Lyon St, Columbia, SC 29204

    5,200 SF 0.75 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mixed-use properties
    Total area 5,200 SF
    Lot 0.75 ac (32,670 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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