Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1137 Pineview Dr Columbia, SC 29209

    • Commercial real estate
    • 2,659 SF
    • 5.17 lot acres
    For Lease
    View listing
    Last Sale
    Mar 17, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2991179
    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

    • Big Momma Box LLC / Big Box & Wholesale Store / Shipping Company

    Property Details for 1137 Pineview Dr

    Year built
    1960
    Lot size
    5.17 lot acres
    Property size
    2,659 SF
    Zone code
    M-1
    Property type
    Commercial real estate
    APN
    R16104-02-15
    APU
    R161040215

    Description

    This exceptional 3-acre industrial land parcel, located at 1137 Pineview Drive in Richland County, presents a unique opportunity for businesses seeking a strategic location. Zoned M-1 for Light Industrial use, this property offers significant potential for various industrial applications. The site boasts a fenced and graveled yard, ready for immediate development or use. Its prime location provides excellent visibility and accessibility, benefiting from high daily traffic counts. Specifically, the property enjoys proximity to I-77, with approximately 71,000 vehicles passing daily, and Shop Road, with approximately 21,000 vehicles per day. This translates to substantial exposure for any business operating from this location. The single-tenant zoning allows for focused development and streamlined operations. The absence of existing buildings provides a blank canvas for customized construction to perfectly meet specific business needs. This property is ideal for companies seeking a well-situated, readily-accessible industrial site with high visibility in a thriving area. The 3-acre lot size offers ample space for various projects, from warehousing and distribution to light manufacturing and other industrial uses. Serious inquiries are encouraged to explore this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -80.9623
    Latitude
    33.9319
    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
    $4,150
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $155,000

    Comparable in this City

    • Value Estimation by Request
      13.20 Acres

      1709 Atlas Rd

      Land • 1 SF
      1709 Atlas Rd, Columbia, SC 29209
      View Details
    • Value Estimation by Request
      0.65 Acres

      B S Veterans Rd

      COMMERCIAL (GENERAL) • 0.65 Acres
      B S Veterans Rd, Columbia, SC 29209
      View Details
    • Value Estimation by Request
      0.50 Acres

      1218 Veterans Rd

      COMMERCIAL (GENERAL) • 0.50 Acres
      1218 Veterans Rd, Columbia, SC 29209-3754
      View Details
    • Value Estimation by Request
      34.63 Acres

      150 Shop Grv Dr

      COMMERCIAL (GENERAL) • 34.63 Acres
      150 Shop Grv Dr, Columbia, SC 29209-4625
      View Details
    • Value Estimation by Request
      0.26 Acres

      Ws Greenlawn Dr

      COMMERCIAL (GENERAL) • 0.26 Acres
      Ws Greenlawn Dr, Columbia, SC 29209
      View Details
    • Value Estimation by Request
      0.75 Acres

      Es Bolton St

      COMMERCIAL (GENERAL) • 0.75 Acres
      Es Bolton St, Columbia, SC 29209
      View Details

    Similar Nearby for Sale

    • $459,000
      1,900 SF

      Columbia Commercial Space - High Visibility

      Prime location, versatile space, great potential.
      6300 Garners Ferry Rd, Columbia, SC 29209
      View Details
    • $225,000
      1,749 SF

      High-Traffic Columbia Commercial Space

      Prime Retail Location, High Visibility
      8033 Caughman Rd, Columbia, SC 29209
      View Details
    • $2,250,000
      15,593 SF

      Garners Ferry Rd Commercial Center

      High-traffic location, 33 suites, great investment.
      7358 Garners Ferry Rd, Columbia, SC 29209
      View Details
    • $2,250,000
      4 SF

      Development Land in Southeast Columbia

      4.8 acres ideal for QSR, townhomes, or self-storage.
      Garners Fry Rd & Daphne Rd, Columbia, SC 29209
      View Details
    • Contact for pricing
      43,600 SF

      Columbia Flex Building For Sale

      43,600 SF flex building in Columbia, South Carolina.
      1240 Veterans Rd, Columbia, SC 29209
      View Details
    • $1,862,500
      10,000 SF

      Columbia Executive Office Building

      High-yield, fully occupied office complex
      9367 Office Park Ct, Columbia, SC 29209
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      I-77 Frontage Land Available

      Industrial and commercial land for rent with I-77 frontage.
      1809 Hattie Gibson Rd, Columbia, SC 29209
      View Details
    • Contact for pricing
      7,000 SF

      Renovated Industrial Facility For Lease

      Industrial facility with office, service warehouse, and outdoor storage.
      1701 Pineview Rd, Columbia, SC 29209
      View Details
    • $11 SF/Yr
      12,000 SF

      Flex Industrial Building For Lease

      12,000 SF flex industrial building in South Columbia.
      122 Metal Park Dr, Columbia, SC 29209
      View Details
    • Contact for pricing
      351,349 SF

      Pineview Trade Center Warehouse

      Columbia, SC Industrial Space Available
      1669 Longwood Rd, Columbia, SC 29209
      View Details
    • Contact for pricing
      23,250 SF

      Industrial Warehouse Near I-77

      Industrial warehouse with M-1 zoning, close to I-77.
      116 N Shorecrest Rd, Columbia, SC 29209
      View Details
    • Contact for pricing

      Fenced Outdoor Storage with Building

      Land with fenced storage and a 30,104 SF building.
      1400 Atlas Ct, Columbia, SC 29209
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1137 Pineview Dr
    Columbia, SC 29209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.