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    OFF-MARKET
    Land

    00 Piney Woods Rd, Columbia, SC 29210

    15.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 15.4 ac (670,824 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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