217 Park Terrace Dr Columbia, SC 29212
- Community centers
- 21,400 SF
- 5.31 lot acres
Current Use by Public Records
- Select Health of South Carolina / Medical Clinic
- First Choice Community Center / Community Center
- School Supplies / School
Property Details for 217 Park Terrace Dr
- Year built
- 2015
- Lot size
- 5.31 lot acres
- Property size
- 21,400 SF
- Property type
- Community centers
- APN
- 002763-01-015
- APU
- 276301015
Description
Columbia Crossing, located at 217, 253 & 275 Park Terrace Drive in Columbia, South Carolina (zip code 29212), presents a compelling retail investment opportunity. This established shopping center in Lexington County boasts a total of 43,900 square feet, currently housing a mix of national and local tenants. The center enjoys excellent visibility and accessibility, enhanced by multiple access points. Currently, there are 6,900 square feet of vacant retail space available, divisible into units ranging from a minimum of 2,100 square feet to a maximum contiguous space of 4,800 square feet. The property is shadow-anchored by Academy Sports, contributing to a strong and established tenant base. The center's four suites offer flexibility for a variety of retail businesses seeking a high-traffic location. This is an exceptional opportunity to establish or expand your retail presence in a thriving commercial area of Columbia, South Carolina. The property's strategic location and strong tenant mix make it an attractive investment for businesses seeking high visibility and a robust customer base. Interested parties should inquire about available space and lease terms. The property is situated at 34.071258 latitude and -81.1537745 longitude.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,915,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,425,000
- 6.5%
- $9,500,000
- 7%
- $9,060,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,705,000
- Geo Method
- $9,800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,660,000
- Retail
- $8,490,000
- Mixed-Use
- $7,440,000
- Hospitality
- $7,200,000
- Educational
- $7,350,000
- Residential Income
- $8,065,000
- Energy
- $7,520,000
- Income-Based Land
- $8,230,000
- Food Service
- $7,880,000
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.1538
- Latitude
- 34.0712
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA
