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Property profile & analytics
OFF-MARKET
Industrial properties
3507 Leaphart Rd West Columbia, SC 29169-3031
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1235391
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1985
Total area
1,420 SF
Lot
1.03 ac (44,867 SF)
Zoning code
ID
APN
004596-04-110
UPID
US77-1235391
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Development Ventures LLC · 3 yrs held
Development Ventures LLC
since 2023
7 recorded transactions
Zoning & alternative use
ID · West Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Columbia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,807
Tax year 2023
Assessed value
$24,312
Assessed 2023
Previous assessed
$24,312
+0.0% YoY
Effective rate
32.11%
On assessed value
Assessed land
$7,938
Assessed improvement
$16,374
Land market value
$132,300
Improvement market value
$272,899
Total market value
$405,199
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1985
Heating
NONE
Total area
1,420 SF
Lot
1.03 ac (44,867 SF)
Zoning code
ID
APN
004596-04-110
UPID
US77-1235391
Jurisdiction
LEXINGTON
Zoning & alternative use
ID · West Columbia, SC
Zoning ID · permitted uses
ID · West Columbia, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Columbia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Lot
1.03 ac
Current owner
From public records · entity-resolved
Development Ventures LLC
Entity
Mailing address
3465 LEAPHART RD, WEST COLUMBIA, SC 29169-3029
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Development Ventures LLC
—
Deed
related
$800,000 · Ameris Bank
Jan 10, 2023
—
Development Ventures LLC
Special Care Medical Of South Carol
Deed
$183,227 · Truist Bank
Apr 3, 2014
$500
Special Care Medical Of South Car
Mclendon,walter D
Quit Claim Deed
related
$325,000 · Branch Bk&tr
Nov 1, 2005
$270,000
Walter D Mclendon
Prince,spencer P
Warranty Deed
$270,000 · First Community Bank
—
—
Special Care Medical Of South Car
—
Deed Of Trust
related
$150,000 · Us Small Busn Admn
—
—
Walter D Mclendon
—
Deed Of Trust
related
$550,000 · South Carolina Bank &trust NA
—
—
Walker D Mclendon
—
Deed Of Trust
related
$550,000 · South Carolina Bank &trust NA
—
—
Special Care Medical Of South Car
—
Deed Of Trust
related
$91,010 · T & C Leasing INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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