1150 Shop Rd Columbia, SC 29201-4743
- Office buildings
- 1,353 SF
- 9.63 lot acres
Current Use by Public Records
- Carolina Gypsum Co / Hardware Store
Property Details for 1150 Shop Rd
- Year built
- 1950
- Lot size
- 9.63 lot acres
- Property size
- 1,353 SF
- Zone code
- HI
- Property type
- Office buildings
- APN
- R11210-02-11
- APU
- R112100211
Description
This exceptional 9.63-acre industrial land parcel presents a compelling investment opportunity in Richland County, South Carolina. Located at 1150 Shop Road, Columbia, SC 29201 (APN: 11210-02-11), this property boasts an unparalleled location, offering convenient access to major thoroughfares and key attractions. Its proximity to Williams-Brice Stadium, the State Fairgrounds, and the vibrant Downtown Columbia area ensures high visibility and strong potential for various commercial ventures. The site's strategic positioning near Interstate 77 further enhances its accessibility and logistical advantages for businesses requiring efficient transportation links. The property's zoning and permitted uses should be independently verified. Given its size and location, this land is particularly well-suited for development projects catering to the significant student population in the area, making it an ideal site for student housing or related commercial enterprises. The seller is open to flexible financing terms, making this an attractive proposition for investors seeking a prime location with advantageous payment options. This is a rare opportunity to acquire a substantial land parcel in a high-demand area with significant growth potential. Interested parties are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,890,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,830,000
- 6.5%
- $2,810,000
- 7%
- $2,925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,725,000
- Geo Method
- $2,545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,055,000
- Retail
- $2,195,000
- Mixed-Use
- $2,610,000
- Hospitality
- $1,950,000
- Educational
- $2,075,000
- Residential Income
- $2,190,000
- Energy
- $2,390,000
- Income-Based Land
- $1,935,000
- Food Service
- $2,130,000
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Richland
- State
- South Carolina
- Longitude
- -81.0097
- Latitude
- 33.9735
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA
