421 Piney Woods Rd Columbia, SC 29212
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.