00 Piney Woods Rd, Columbia, SC 29210
This exceptional 15.4-acre parcel presents a remarkable opportunity for high-density multifamily development in Richland County, South Carolina. Located in Columbia, near the intersection of Piney Grove Road and Interstate 26, this fee-simple property offers a blend of privacy and convenient access to the metropolitan area. Zoned R6 for Residential Multifamily High Density, the site is ready for immediate development. All utilities are readily available, and the property benefits from its proximity to existing dense residential and multifamily communities, ensuring strong market demand. Multiple parcels have been consolidated into a single, easily developable 15.4-acre tract (consolidation completed September 2024). The asking price is $1,250,000, translating to $97,403 per acre. Piney Grove Road, with a daily traffic volume of 4,900 vehicles, provides excellent visibility and accessibility. Furthermore, the property's location is approximately 3/4 of a mile from Interstate 26 and 1.4 miles from Broad River Road (16,000 VPD), offering convenient access to major transportation arteries. The site is situated approximately 9.5 miles from the center of Columbia, SC, and boasts the parcel number R04816-01-08. This prime location and high-density zoning make this an exceptional investment opportunity for developers seeking to capitalize on the growing multifamily market in the area.
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.