Technical
Financial
Distress signals
Property profile

421 Piney Woods Rd Columbia, SC 29212

OFF-MARKET
Land
7.38 ac lot
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Property summary

AI-generated overview

This 7.38-acre commercial land parcel presents a unique investment opportunity in Richland County, South Carolina. Strategically located at 421 Piney Woods Road, Columbia, SC 29212, the property enjoys high visibility directly across from a Costco store and convenient access via the Piney Grove Road exit off Interstate 26. The site has already been lumbered and leveled, making it ready for immediate development. Its ideal characteristics include ample space for a lay-down yard or industrial parking area. The property is slated to receive an EMP zoning designation in May 2022, further enhancing its potential uses. This zoning will open up opportunities for various industrial applications, including truck and equipment parking, storage, and other related businesses. The level terrain simplifies site preparation, minimizing development costs and timelines. With its prime location, excellent accessibility, and anticipated zoning change, this property offers significant potential for investors seeking a high-return commercial land investment in a rapidly growing area. The asking price is $475,000.

Property profile

Verified
Property type Land
Lot 7.38 ac (321,473 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

421 Piney Woods Rd Columbia, SC 29212
Columbia metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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