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    FOR SALE
    Office buildings

    1150 Shop Rd, Columbia, SC 29201

    1,353 SF 9.63 ac lot Built 1950
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US77-1460371
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1950
    Total area 1,353 SF
    Lot 9.63 ac (419,483 SF)
    Zoning code HI
    APN R11210-02-11
    UPID US77-1460371
    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
    • Carolina Gypsum Co Building Supply Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.89M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.89M
    Owner & transaction history
    Owen Electric Steel Company Of Sout · 1 yrs held
    Owen Electric Steel Company Of Sout
    since 2024
    Last sale
    $2.9M
    2 recorded transactions
    2024
    $2.9M
    2024
    Zoning & alternative use
    HI · Columbia, SC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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