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285 Columbiana Dr Columbia, SC 29212-2278

OFF-MARKET Commercial real estate Google Maps
34,117 SF 1.5 ac lot Built 2006
Entity Owned 12-yr Hold Free & Clear
Estimated value (blended)
$2.47M
Range $2.22M – $2.72M (±10%)
Property ID US77-1181741

Property summary

AI-generated overview

This exceptional 12,070 square foot retail center, built in 2015, presents a unique leasing opportunity in Columbia, South Carolina. Located at 285 Columbiana Dr, 29212, this single-story, multi-tenant property boasts 14 suites and enjoys a high-traffic location within a premier suburban shopping area. The Shops at Columbiana Crossing benefits from its strategic placement across from the Columbiana Mall, ensuring high visibility and significant foot traffic. Strong co-tenancy with established businesses like Cold Stone Creamery and Five Guys provides a synergistic environment and attracts a diverse customer base. The property's convenient access and prominent position on Columbiana Drive make it an ideal location for a variety of retail businesses. Approximately 5,625 square feet of retail space is currently available for lease. This presents a compelling opportunity to establish or expand your business within a thriving retail hub. The property's modern construction and desirable location offer a significant advantage in the competitive Columbia market. Interested parties are encouraged to inquire about available suite sizes and lease terms.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 34,117 SF
Lot 1.5 ac (65,340 SF)
Zoning code PD
APN R04904-02-01
UPID US77-1181741

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
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Gym & Fitness Center
  • Pediatrician Physician
  • Hair Salon
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.89M
Blend (final) Blend
$2.47M

Owner & transaction history

since 2014
4 recorded transactions
2014
$2.6M
2012
$3.3M
2006
Price N/A
2006
Price N/A

Zoning & alternative use

PD · Columbia, SC
Zoning description

ning districts established by this Ordinance. Applicability The procedures and standards in this subsection apply to the review of applications to am end the Official Zoning Map to establish a planned development (PD) zo…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Office building $4.0M +1.9%

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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