Property profile

175 Ramp Rd Columbia, NC 27925

FOR SALE
Office buildings
Property ID
US53-4374763
5,084 SF 4.96 ac lot Built 1970
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Cypress Cove Marina presents a unique investment opportunity in Columbia, North Carolina. This established marina boasts 50 wet slips with a six-foot water depth, conveniently located just 20 miles from the Intracoastal Waterway (ICW). The property encompasses 23 acres of land, divided into four parcels. The core marina site itself covers 4.96 acres, complemented by an additional 4.58 acres of adjacent land and a 13.76-acre buffer zone. The existing infrastructure includes 20,000 square feet of buildings, providing ample space for office administration, showroom displays, maintenance operations, and storage. These buildings are well-suited for a variety of uses, including boat sales, service, brokerage, fuel sales, a ship store, and even boat construction. Recent improvements include a newer bulkhead and riprap, a convenient boat ramp, and a substantial 25-ton travel lift. The property's zoning is designated as HB. Built in 1970, this marina offers significant upside potential for expansion and diversification. An adjacent waterfront home is available for separate purchase. This turnkey operation is ready for an owner-operator or investor looking to capitalize on the thriving boating community. Contact for pricing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 5,084 SF
Lot 4.96 ac (216,058 SF)
APN T052 01 029
UPID US53-4374763

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marina

Location

175 Ramp Rd Columbia, NC 27925
Columbia metro Census 960100
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2021
$10,000
2005
$400,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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