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

    1210 Charleston Hwy West Columbia, SC

    • Retail space
    • 10,318 SF
    • 1.33 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Last Sale
    Nov 18, 2024
    $2,071,600
    Value Estimations
    $2,070,000
    Cap Rate Potential
    5%
    Retail space
    Location Intelligence
    Property ID
    US77-0728212
    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

    • Retail space

    Property Details for 1210 Charleston Hwy

    Year built
    1997
    Lot size
    1.33 lot acres
    Property size
    10,318 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    004632-03-018
    APU
    463203018

    Description

    This exceptional 10,125-square-foot freestanding executive office building presents a unique opportunity in West Columbia, South Carolina. Located at 1210 Charleston Highway, this single-tenant property sits on a generous 1.33-acre lot and offers ample parking with 52 spaces. The building is zoned C-2 (General Commercial), providing flexibility for a variety of uses. Currently entirely vacant, this space is ideal for a business seeking a prominent location with high visibility. The property's size and layout are well-suited for a variety of office configurations, allowing for customization to meet specific business needs. The building's freestanding nature offers excellent branding opportunities and independent access. Its location in West Columbia provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. This property is available for both lease and sale, offering flexibility to prospective buyers or tenants. The ample parking ensures convenient access for staff and visitors. Serious inquiries are encouraged to explore this prime commercial real estate opportunity. The property is situated in Lexington County, South Carolina, and boasts a convenient zip code of 29169.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,070,000
      ML approach
      $2,070,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,730,000
      6.5%
      $1,600,000
      7%
      $1,485,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,480,000
      MEDICAL BUILDING
      $1,855,000
      OFFICE BUILDING
      $1,495,000
      AUTO REPAIR, GARAGE
      $1,255,000

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

    Location Insight

    • Map
    • Local Demand
    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.076
    Latitude
    33.9776
    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
    $20,493
    $9,032
    $46,262
    $55,294
    -
    $150,538
    $771,024
    $921,562

    Comparable in this City

    • Value Estimation by Request
      11,900 SF

      519 12th St

      RETAIL STORES (PERSONAL SERVICES) • 11,900 SF
      519 12th St, West Columbia, SC 29169-6334
      View Details
    • Value Estimation by Request
      2,624 SF

      1818 Platt Spgs Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,624 SF
      1818 Platt Spgs Rd, West Columbia, SC 29169-5134
      View Details
    • Value Estimation by Request
      1,262 SF

      1532 Sunset Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,262 SF
      1532 Sunset Blvd, West Columbia, SC 29169-5918
      View Details
    • Value Estimation by Request
      3,464 SF

      153 Dreher Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,464 SF
      153 Dreher Rd, West Columbia, SC 29169-4501
      View Details
    • Value Estimation
      $790,000
      10,108 SF

      830 Meeting St

      RETAIL STORES (PERSONAL SERVICES) • 10,108 SF
      830 Meeting St, West Columbia, SC 29169-7306
      View Details
    • Value Estimation
      $670,000
      6,833 SF

      1637 Airport Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,833 SF
      1637 Airport Blvd, West Columbia, SC 29169-5015
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      1509 Fountain Ct, West Columbia, SC 29169
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      Freestanding 2,294 SF retail building in West Columbia.
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    • $800,000
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      Freestanding Retail Building on Meeting

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    • $375,000

      Prime Commercial Property on Sunset

      High-visibility commercial property on Sunset Boulevard, West Columbia.
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      West Columbia Mixed-Use Opportunity

      Prime West Columbia location, redevelopment potential.
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    • $210,000
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    Similar Nearby for Lease

    • $14 SF/Yr
      2,500 SF

      Retail Space Near Lexington Medical

      Retail space available near Lexington Medical Center and Downtown Columbia.
      1811 Sunset Blvd, West Columbia, SC 29169
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    • Contact for pricing
      15,000 SF

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      1,438 SF office/retail space in a vibrant community.
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      View Details
    • $18 SF/Yr
      1,343 SF

      West Columbia Retail/Office Space

      Retail/office suite available in West Columbia with high visibility.
      501-521 Meeting St, West Columbia, SC 29169
      View Details
    • Contact for pricing
      15,000 SF

      Class-A Mixed-Use Development For Rent

      New mixed-use development with commercial and residential spaces available for rent.
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      View Details
    • $18 SF/Yr
      10,000 SF

      Freestanding Building in West Columbia

      10,125 SF freestanding building on a busy retail corridor.
      1210 Charleston Hwy, West Columbia, SC 29169
      View Details
    • $14 SF/Yr
      19,000 SF

      West Columbia Showroom/Office/Flex Space

      17,800 SF showroom/office/flex space available for sublease in West Columbia.
      100 Corporate Blvd, West Columbia, SC 29169
      View Details
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    1210 Charleston Hwy
    West Columbia, SC
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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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