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

    2335 Airport Blvd West Columbia, SC 29170-5107

    • Office buildings
    • 4,410 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0710272
    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

    • Office buildings

    Property Details for 2335 Airport Blvd

    Year built
    1970
    Lot size
    0.94 lot acres
    Property size
    4,410 SF
    Zone code
    M1
    Property type
    Office buildings
    APN
    005731-02-004
    APU
    573102004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.1006
    Latitude
    33.9475
    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
    $6,100
    $2,154
    $14,988
    $17,142
    -
    $35,900
    $249,800
    $285,700

    Comparable in this City

    • Value Estimation by Request
      4,270 SF

      301 Ramblin Rd

      OFFICE BUILDING • 4,270 SF
      301 Ramblin Rd, West Columbia, SC 29170-3835
      View Details
    • Value Estimation by Request
      2,222 SF

      424 Shelton Rd

      OFFICE BUILDING • 2,222 SF
      424 Shelton Rd, West Columbia, SC 29170-3616
      View Details
    • Value Estimation
      $960,000
      17,754 SF

      1114 Silstar Rd

      OFFICE BUILDING • 17,754 SF
      1114 Silstar Rd, West Columbia, SC 29170-2200
      View Details
    • Value Estimation
      $1,145,000
      21,110 SF

      3500 Augusta Rd

      OFFICE BUILDING • 21,110 SF
      3500 Augusta Rd, West Columbia, SC 29170-2004
      View Details
    • Value Estimation
      $555,000
      9,286 SF

      3920 Augusta Rd Ste B

      OFFICE BUILDING • 9,286 SF
      3920 Augusta Rd Ste B, West Columbia, SC 29170-1503
      View Details
    • Value Estimation
      $5,315,000
      29,167 SF

      1252 Boston Ave

      OFFICE BUILDING • 29,167 SF
      1252 Boston Ave, West Columbia, SC 29170-2124
      View Details

    Similar Nearby for Sale

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      West Columbia Office Space Available

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    • $282,000
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      West Columbia Commercial Corner Lot

      High-visibility commercial building on 0.46-acre lot, ideal for salon/office.
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    • New
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      Versatile Commercial Property with Showroom

      Showroom, office, and warehouse space on 0.88 acres.
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    • New
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      4,270 SF

      Versatile Commercial Property in West Columbia

      Showroom, office, and warehouse space on 0.88 acres.
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    • $8,000,000
      72,140 SF

      West Columbia Office Building

      72,140 SF Executive Office, $8M
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    • $1,329,900
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      West Columbia Industrial Land Investment

      33-Acre C-4 Zoned Lot, Excellent Site
      0 Parcel, West Columbia, SC 29170
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    Similar Nearby for Lease

    • $5 SF/Yr
      92,162 SF

      3430 Platt Spring Rd

      Coworking space • 92,162 SF
      3430 Platt Spring Rd, West Columbia, SC 29170
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    • Contact for pricing
      1,299,830 SF

      West Columbia Industrial Land - 30 Acres

      Prime 30-acre build-to-suit industrial site.
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      West Columbia Land for Lease

      Land available for lease in West Columbia, South Carolina.
      Lake Princeton Dr, West Columbia, SC 29170
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    • Contact for pricing
      146,362 SF

      West Columbia Industrial Build-to-Suit

      ±3.36-acre industrial land, prime location.
      1025 Technology Dr, West Columbia, SC 29170
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    • Contact for pricing
      408,240 SF

      Gateway Two: Premier Industrial Space

      408,240 SF Multi-Tenant Manufacturing/Warehouse
      425 Distribution Dr, West Columbia, SC 29170
      View Details
    • Contact for pricing
      134,165 SF

      ±3.08-Acre Industrial Development Site

      Build-to-suit opportunity near Columbia, SC.
      3430 Platt Spring Rd, West Columbia, SC 29170
      View Details
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    2335 Airport Blvd
    West Columbia, SC 29170-5107
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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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