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Property profile & analytics

100 Gateway Corporate Blvd Columbia, SC 29203

  • Commercial real estate
  • 30,562 SF
  • 3.08 lot acres
For Sale
Last Sale
Aug 20, 2021
$3,200,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US77-1466377
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Webster University / University / Graduate School

Property Details for 100 Gateway Corporate Blvd

Year built
1992
Construction
FRAME
Lot size
3.08 lot acres
Property size
30,562 SF
Zone code
M-1
Property type
Commercial real estate
APN
R17200-03-15
APU
R172000315

Description

This exceptional two-story office building, totaling 28,500 square feet, is situated on a 3.1-acre lot in Northeast Columbia, South Carolina. Built in 1992 and renovated in 2000, the property boasts ample parking and is ideally located just off Interstate 77 and Farrow Road, providing convenient access to major roadways. Currently leased to Webster University with a remaining two-year lease term, this property presents a compelling investment opportunity. Its prime location in the thriving Northeast corridor offers proximity to MUSC Medical Northeast, numerous retailers, restaurants, and businesses, enhancing its appeal as a medical office or general office space. The area benefits from consistent economic growth, further bolstered by the nearby Scout Motors manufacturing plant, creating 4,000 new jobs. The property's strong location, combined with a 7.3% cap rate and a large 3.1-acre lot, makes it an attractive investment for discerning buyers. The building is approximately 10.2 miles from Interstate 77 and serves a vibrant local market with approximately 46,846 households within a 5-mile radius. This is a rare opportunity to acquire a well-maintained, strategically located office building in a rapidly growing area of Columbia, SC. The asking price is $4,200,000, with a price per square foot of $147.37. The property is zoned for both creative office and medical office uses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,830,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,858,000
    Market price range: $1.20M - $4.82M
    AI Estimate
    $2,858,000
    Market price range: $1.20M - $4.82M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $2,860,000
    Current use
    OFFICE BUILDING
    $3,550,000
    Change: +24% Conversion: Easy
    RETAIL STORES
    $3,375,000
    Change: +18% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Columbia
County
Richland
State
South Carolina
Longitude
-80.9552
Latitude
34.1053
CBSA code
17900
CBSA name
COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$85,683
$0.00
$0.00
$0.00
-
$0.00
$0.00
$3,200,000
More about this property
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