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Property profile & analytics
OFF-MARKET
Turn key restaurants
1704 Bush Riv Rd, Columbia, SC 29210-6812
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-0585526
Property summary
AI-generated overview
Exceptional investment opportunity in Columbia, South Carolina, featuring a mixed-use property totaling 6,750 square feet across two single-story buildings. This prime location boasts high visibility and proximity to numerous retail establishments, hotels, and entertainment venues, including a bowling alley. The property is zoned for commercial use and offers a strong 8.10% cap rate with a current NOI of $97,200. The property is currently leased to two tenants: a thriving Indian restaurant franchise, NAWABI HYDERABAD HOUSE, with a newly signed 5-year lease (plus a 5-year option) and a 2% annual rent increase
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Total area
4,250 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C2
APN
003697-07-004
UPID
US77-0585526
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
-
7 SPICES INDIAN CUISINE & BAR Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Amitkumar Patel · 3 yrs held
Amitkumar Patel
since 2022
Last sale
$290,000
2 recorded transactions
Zoning & alternative use
C2 · Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,181
Tax year 2023
Assessed value
$21,186
Assessed 2023
Previous assessed
$21,186
+0.0% YoY
Effective rate
43.34%
On assessed value
Assessed land
$7,944
Assessed improvement
$13,242
Land market value
$132,400
Improvement market value
$220,708
Total market value
$353,108
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1984
Heating
CENTRAL
Bathrooms
3
Total area
4,250 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C2
APN
003697-07-004
UPID
US77-0585526
Jurisdiction
LEXINGTON
Zoning & alternative use
C2 · Columbia, SC
Zoning C2 · permitted uses
C2 · Columbia, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
CENTRAL
Bathrooms
3
Lot
0.98 ac
Current owner
From public records · entity-resolved
Amitkumar Patel
Individual
Mailing address
811 LONE OAK BND, LEXINGTON, SC 29073-9777
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2024
—
Amitkumar Patel
—
Deed
related
$442,500 · Security Federal Bank
Sep 29, 2022
$290,000
Amitkumar Patel
John A Scarborough
Deed
$215,000 · John Scarborough
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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