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Property profile & analytics

2821 Millwood Ave Columbia, SC 29205-1261

  • Commercial real estate
  • 4,844 SF
OFF-MARKET
Last Sale
Apr 02, 2025
$750,000
Value Estimations
$700,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US77-1457613
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

  • Green Law Firm / Law Firm

Property Details for 2821 Millwood Ave

Year built
1965
Construction
FRAME
Property size
4,844 SF
Zone code
NAC
Property type
Commercial real estate
APN
R11413-09-13
APU
R114130913

Description

This exceptional 4,844-square-foot office building presents a compelling investment opportunity in Columbia, South Carolina. Situated on a half-acre lot at 2821 Millwood Ave, this single-story structure benefits from high visibility on a major thoroughfare. The property is conveniently located near the Central Business District and Forest Acres, offering easy access to key amenities and a thriving business community. The interior layout is versatile, featuring a spacious, naturally lit reception area, eight to ten smaller offices or conference rooms, two to three larger offices or conference rooms, and a dedicated break room. Significant storage space is also available throughout the building. Ample parking is provided with six spaces in the front lot and an additional twenty spaces, including one handicapped-accessible space, in a rear lot. The property is zoned GC and boasts APN numbers R11413-09-13 and R11413-09-02. Currently vacant, this property offers immediate occupancy and the potential for customization to suit a variety of business needs. The asking price is $899,000. This is a rare opportunity to acquire a well-maintained, strategically located office building in a desirable area of Columbia.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $600,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,060,000
    6.5%
    $975,000
    7%
    $905,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $565,000
    Market price range: $359k - $873k
    AI Estimate
    $565,000
    Market price range: $359k - $873k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $565,000
    Current use
    OFFICE BUILDING
    $560,000
    Change: -1% Conversion: Easy
    RETAIL STORES
    $535,000
    Change: -5% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Columbia
County
Richland
State
South Carolina
Longitude
-81.0016
Latitude
34.0033
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
$9,796
$0.00
$0.00
$0.00
-
$0.00
$0.00
$341,400
More about this property
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