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Property profile & analytics
FOR SALE
Commercial real estate

100 Gateway Corporate Blvd Columbia, SC 29203

30,562 SF 3.08 ac lot Built 1992
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US77-1466377
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Construction FRAME
Total area 30,562 SF
Lot 3.08 ac (134,165 SF)
Zoning code M-1
APN R17200-03-15
UPID US77-1466377
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
Current use
Occupant on record · Public records
  • Webster University Graduate School College
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.86M
Blend (final) Blend
$2.99M
Owner & transaction history
100 Columbia Gateway LLC · 4 yrs held
100 Columbia Gateway LLC
since 2021
Last sale
$3.2M
7 recorded transactions
2021
Price N/A
2017
Price N/A
2015
$2.8M
2004
$2.6M
2003
$125,000
2003
$250,000
2003
Price N/A
Zoning & alternative use
M-1 · Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $3.6M +24.1%
Retail stores $3.4M +18.2%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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