Property profile

109 Shakespeare Rd Columbia, SC 29223

OFF-MARKET
Retail properties & Spaces
12,000 SF Built 1992
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Property summary

AI-generated overview

This ±12,000 square foot freestanding retail building presents a unique opportunity in Northeast Columbia, South Carolina. Situated on a 1.18-acre lot, this single-tenant property offers ample space for a variety of retail uses. Built in 1992, the building is classified as Class C and features 18 parking spaces. The property boasts 232 feet of frontage on Columbia Mall Blvd, providing excellent visibility and accessibility. Its convenient location offers easy access to Interstates 20 (1.2 miles) and 77 (2 miles). The property is zoned for General Commercial use and is available for sale or lease. The property tax cost is $1.19 per square foot. This location is particularly attractive due to its proximity to a significant redevelopment project at Columbia Place Mall, a $40 million undertaking transforming the mall into a state government building housing the Department of Social Services, Department of Juvenile Justice, and the Voter Registration Office. This redevelopment promises increased foot traffic and enhanced visibility for businesses in the area. The property includes a single, one-story building. The Richland County APN is 16904-01-16. The lease rate is $8 per square foot, NNN.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1992
Total area 12,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

109 Shakespeare Rd Columbia, SC 29223
Columbia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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