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

    370 Harbison Blvd Columbia, SC 29212-2249

    • Retail space
    • 46,381 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimations
    $4,185,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0763768
    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

    • Geek Squad / Tech Support Center / (Bike/Boat/Book/etc) Store
    • Best Buy / Electronics & Wireless Store

    Property Details for 370 Harbison Blvd

    Year built
    1996
    Lot size
    5.00 lot acres
    Property size
    46,381 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    002898-01-019
    APU
    289801019

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,303,000
      Market price range: $3.26M - $7.14M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,125,000
      Current use
      AUTO REPAIR, GARAGE
      $5,650,000
      Change: +10% Conversion: Difficult
      OFFICE BUILDING
      $5,385,000
      Change: +5% Conversion: Easy
      COMMERCIAL (GENERAL)
      $5,285,000
      Change: +3% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $4,930,000
      Change: -4% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.1531
    Latitude
    34.076
    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
    $142,661
    $150,513
    $120,157
    $270,670
    -
    $2,508,554
    $2,002,606
    $4,511,160

    Comparable in this City

    • Value Estimation
      $830,000
      7,000 SF

      146 Harbison Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      146 Harbison Blvd, Columbia, SC 29212-2204
      View Details
    • Value Estimation by Request
      2,925 SF

      22 Surrey Ct

      RETAIL STORES (PERSONAL SERVICES) • 2,925 SF
      22 Surrey Ct, Columbia, SC 29212-3140
      View Details
    • Value Estimation
      $1,815,000
      18,780 SF

      6075 Saint Andrews Rd

      RETAIL STORES (PERSONAL SERVICES) • 18,780 SF
      6075 Saint Andrews Rd, Columbia, SC 29212-3119
      View Details
    • Value Estimation by Request
      3,102 SF

      128 Harbison Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,102 SF
      128 Harbison Blvd, Columbia, SC 29212-2204
      View Details
    • Value Estimation by Request
      2,795 SF

      6352 Saint Andrews Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,795 SF
      6352 Saint Andrews Rd, Columbia, SC 29212-3157
      View Details
    • Value Estimation
      $1,900,000
      58,980 SF

      254 Harbison Blvd

      RETAIL STORES (PERSONAL SERVICES) • 58,980 SF
      254 Harbison Blvd, Columbia, SC 29212-2232
      View Details

    Similar Nearby for Sale

    • $599,000

      Commercial Property on St. Andrews

      0.76 acre commercial property with three buildings and tenants.
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    • $1,797,000
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      Harbison Boulevard Investment Opportunity

      NNN leased investment property on high-traffic Harbison Boulevard.
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      Harbison Blvd Redevelopment Opportunity

      Commercial land with redevelopment potential and frontage on Harbison Blvd.
      271 Harbison Blvd, Columbia, SC 29212
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    • $3,800,000
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      Lake Murray Blvd Commercial Land

      Prime 11+ acre development tract
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      5,380 SF

      Freestanding Restaurant Building on Large Lot

      5,380 SF restaurant on 1.3 acres near major retailers.
      5195 Fernandina Rd, Columbia, SC 29212
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    • $499,000
      3,979 SF

      Retail Restaurant Building For Sale

      3,979 SF retail restaurant building with heavy foot traffic.
      5122 Bush River Rd, Columbia, SC 29212
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    Similar Nearby for Lease

    • Contact for pricing
      6,726 SF

      Retail Space in Harbison Corridor

      Retail space available in a dynamic shopping center.
      238-246 Harbison Blvd, Columbia, SC 29212
      View Details
    • Contact for pricing
      29,953 SF

      Retail Spaces in Columbiana Station

      Multiple retail spaces available for lease in Columbiana Station.
      1005-1201 Bower Pkwy, Columbia, SC 29212
      View Details
    • $28 SF/Yr
      4,020 SF

      Retail Space Near Columbiana Centre

      Retail space available in Harbison trade area.
      105 Afton Ct, Columbia, SC 29212
      View Details
    • Contact for pricing
      2,268 SF

      Retail Space in Harbison Corridor

      Retail space available in a dynamic shopping center.
      1270 Bower Pkwy, Columbia, SC 29212
      View Details
    • $25 SF/Yr
      2,988 SF

      Retail Space in Harbison Corridor

      Retail space for lease in Columbia's prime retail corridor.
      131 Harbison Blvd, Columbia, SC 29212
      View Details
    • Contact for pricing

      Columbiana Station Retail Spaces

      Retail spaces for lease in Columbiana Station shopping center.
      1005-1201 Harbison Blvd, Columbia, SC 29212
      View Details

    Property Visit Statistics

    • Visits by month
      43.9k
    • Visitors by month
      36.5k
    • Avg Time on site
      26 min
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    Columbia, SC 29212-2249
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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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