Property profile

00 Piney Woods Rd Columbia, SC 29210

OFF-MARKET
Land
15.4 ac lot
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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

Location

00 Piney Woods Rd Columbia, SC 29210
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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