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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1200 Knox Abbott Dr West Columbia, SC 29033-3326

    • Turn key restaurants
    • 7,223 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimations
    $655,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0937565
    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

    • Turn key restaurants

    Property Details for 1200 Knox Abbott Dr

    Year built
    1993
    Lot size
    0.43 lot acres
    Property size
    7,223 SF
    Zone code
    C3
    Property type
    Turn key restaurants
    APN
    004633-06-013
    APU
    463306013

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $631,000
      Market price range: $632k - $1.14M

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

    Location Insight

    • Map
    • Local Demand
    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.0697
    Latitude
    33.98
    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
    $14,062
    $10,800
    $28,712
    $39,512
    -
    $180,000
    $478,528
    $658,528

    Comparable in this City

    • Value Estimation by Request
      3,075 SF

      1208 Knox Abbott Dr

      RESTAURANT • 3,075 SF
      1208 Knox Abbott Dr, West Columbia, SC 29033-3326
      View Details
    • Value Estimation by Request
      4,256 SF

      501 Knox Abbott Dr

      RESTAURANT • 4,256 SF
      501 Knox Abbott Dr, West Columbia, SC 29033-4124
      View Details
    • Value Estimation
      $1,125,000
      2,530 SF

      1100 Knox Abbott Dr

      RESTAURANT • 2,530 SF
      1100 Knox Abbott Dr, Cayce, SC 29033-3324
      View Details
    • Value Estimation by Request
      1,794 SF

      503 Knox Abbott Dr

      RESTAURANT • 1,794 SF
      503 Knox Abbott Dr, Cayce, SC 29033-4124
      View Details
    • Value Estimation by Request
      2,520 SF

      901 Holland Ave

      RESTAURANT • 2,520 SF
      901 Holland Ave, Cayce, SC 29033-3629
      View Details
    • Value Estimation by Request
      1,716 SF

      625 Frink St

      RESTAURANT • 1,716 SF
      625 Frink St, Cayce, SC 29033-3511
      View Details

    Similar Nearby for Sale

    • $1,230,000
      10,000 SF

      Cayce Commercial Opportunity Zone Property

      1.22+/- acres with 10,000 SF of office/retail space.
      1220 Knox Abbott Dr, Cayce, SC 29033
      View Details
    • $2,300,000
      20,000 SF

      Cayce Commercial Investment Opportunity

      20,000 SF investment property in Cayce, South Carolina.
      989 Knox Abbott Dr, Cayce, SC 29033
      View Details
    • $1,300,000
      8,600 SF

      8,600 SF Retail Space

      8,600 SF retail space available for sale.
      902-906 Knox Abbott Dr, Cayce, SC 29033
      View Details
    • $1,500,000
      1,100 SF

      Commercial Property in Cayce, SC

      Commercial property suitable for auto shop or retail in Cayce.
      2842 Charleston Hwy, Cayce, SC 29033
      View Details
    • $425,000
      2.08 Acres

      Cayce Commercial Land - $425K

      Prime 2.08-acre commercial lot.
      0 12Th St, Cayce, SC 29033
      View Details
    • $1,450,000

      Residential Development Lot For Sale

      Unimproved lot zoned for residential and high-rise development.
      Taylor Rd, Cayce, SC 29033
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      174,833 SF

      Parkland Plaza Retail Spaces

      Cayce, SC retail center: prime location.
      300 Knox Abbott Dr, Cayce, SC 29033
      View Details
    • $18 SF/Yr
      1,200 SF

      Retail Space Available For Rent

      Retail space available with ample parking and pylon signage.
      829 Knox Abbott Dr, Cayce, SC 29033
      View Details
    • Contact for pricing
      59,531 SF

      Cayce Commons Retail Space Available

      Prime Cayce retail space, 11,631 sq ft available.
      2245 Charleston Hwy, Cayce, SC 29033
      View Details
    • Contact for pricing
      2,520 SF

      Cayce Mixed-Use Redeveloped Building

      Flexible retail and office spaces in a prominent Cayce location.
      528-532 Knox Abbott Dr, Cayce, SC 29033
      View Details
    • $9 SF/Yr
      3,000 SF

      Retail Property in Lexington County

      Retail property in Cayce, SC with excellent parking.
      906 Holland Ave, Cayce, SC 29033
      View Details
    • $20 SF/Yr
      6,103 SF

      Office Space with River Views

      Office space for rent with excellent views and free parking.
      440 Knox Abbott Dr, Cayce, SC 29033
      View Details
    Request Owner's contact information
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    1200 Knox Abbott Dr
    West Columbia, SC 29033-3326
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    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
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