2422 Devine St Columbia, SC 29205
- Commercial real estate
- 12,280 SF
Current Use by Public Records
- Clarke & Co Benefits / Insurance Agency
- Truist Wealth / Investment Service
Property Details for 2422 Devine St
- Year built
- 1959
- Construction
- FRAME
- Property size
- 12,280 SF
- Zone code
- NAC
- Property type
- Commercial real estate
- APN
- R11312-06-05
- APU
- R113120605
Description
This exceptional Class A office building at 2422 Devine Street in the heart of Downtown Columbia, South Carolina offers 6,000 square feet of versatile space. Currently fully vacant, this property presents a unique opportunity for a single tenant to occupy the entire building or for multiple tenants seeking spaces ranging from 3,000 to 6,000 contiguous square feet. The building's adaptable design caters to various business needs, making it suitable for traditional office setups, executive suites, co-working spaces, or creative office environments. Located in the vibrant Downtown Columbia submarket, this property benefits from excellent visibility and accessibility, placing it within easy reach of numerous amenities, including restaurants, retail establishments, and public transportation. The building's single structure simplifies management and offers a cohesive work environment. With its prime location in Richland County and a 29205 zip code, this property represents a compelling investment opportunity for businesses seeking a prestigious and functional office space in the thriving Columbia market. The property is classified as a Traditional Office, Executive Office, Coworking, and Creative Office, offering maximum flexibility for potential tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $960,000
- 6.5%
- $935,000
- 7%
- $990,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $870,000
- Geo Method
- $785,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $875,000
- Retail
- $830,000
- Mixed-Use
- $945,000
- Hospitality
- $925,000
- Educational
- $815,000
- Residential Income
- $1,005,000
- Energy
- $810,000
- Income-Based Land
- $1,020,000
- Food Service
- $790,000
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Richland
- State
- South Carolina
- Longitude
- -81.0096
- Latitude
- 33.9981
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA