111 Lancewood Rd Columbia, SC 29210
Property profile & analytics
111 Lancewood Rd, Columbia, SC 29210
- Commercial real estate
- 21,820 SF
- 1.32 lot acres
Property ID
US77-0789241
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.
Location Intelligence
Current Use by Public Records
- AMCOL Systems, Inc. / Insurance Agency
- Rickman And Rickman / Accounting Firm
Property Details for 111 Lancewood Rd
- Year built
- 1974
- Construction
- FRAME
- Lot size
- 1.32 lot acres
- Property size
- 21,820 SF
- Zone code
- GC
- Property type
- Commercial real estate
- APN
- R07304-04-02
- APU
- R073040402
Description
This exceptional 20,000 square foot executive office building, located at 111 Lancewood Road in Columbia, South Carolina, presents a compelling investment opportunity. The property, built in 1974, boasts a Class B designation and sits on a generous 2.49-acre lot, offering ample parking. The building features a perimeter office layout with a large internal bullpen, providing flexibility for various business needs. Currently zoned GC (General Commercial) in Richland County, this property benefits from its convenient location in close proximity to I-26, ensuring easy access for employees and clients. The existing tenant lease extends through December 31, 2024, providing immediate income potential for the new owner. The asking price for this well-maintained office building is $1,500,000. This presents a rare chance to acquire a substantial office property in a desirable location with existing income and significant upside potential. The expansive parking lot and strategic location make this a highly attractive investment for both seasoned and emerging investors in the Columbia commercial real estate market. The property's zoning allows for a wide range of commercial uses, offering flexibility for future development or tenant occupancy. This is a turnkey opportunity to acquire a valuable asset in a thriving South Carolina market.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,844,000
- AI Estimate
- $1,782,000
Market price range: $831k - $3.06MMarket price range: $811k - $2.91M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,845,000 Current use
- OFFICE BUILDING
- $2,440,000 Change: +32% Conversion: Easy
- RETAIL STORES
- $2,410,000 Change: +31% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Richland
- State
- South Carolina
- Longitude
- -81.0942
- Latitude
- 34.0299
- 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
$38,660
$0.00
$0.00
$0.00
-
$0.00
$0.00
$1,443,900
