Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3760 Fernandina Rd Columbia, SC 29210-3809

    • Showrooms
    • 5,000 SF
    • 6.52 lot acres
    OFF-MARKET
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0798925
    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

    • Palmetto State Armory - Columbia / Archery Store / Self Defense School
    • Palmetto State Armory / Gun Shop

    Property Details for 3760 Fernandina Rd

    Year built
    1998
    Lot size
    6.52 lot acres
    Property size
    5,000 SF
    Zone code
    ID
    Property type
    Showrooms
    APN
    002844-02-005
    APU
    284402005

    Description

    This exceptional one-acre commercial lot in Columbia, South Carolina, presents a unique opportunity for development. Located in Lexington County at 3760 Fernandina Road, this single-tenant property offers flexibility for build-to-suit projects or ground lease arrangements. The ground lease terms are negotiable, providing potential investors with adaptable options to suit their specific needs. Its strategic location near the Piney Grove Road exit of I-26 ensures excellent accessibility and high visibility. Furthermore, the property enjoys proximity to Columbiana Centre, a major shopping destination, enhancing its commercial appeal and potential for attracting a wide range of businesses. The lot's size of one acre provides ample space for various development projects, from small-scale retail spaces to larger commercial buildings. This prime location, combined with the flexibility of build-to-suit or ground lease options, makes this property an attractive investment opportunity in a thriving South Carolina market. The property's zip code is 29210. This is a single-tenant property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $475,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $700,000
      Market price range: $190k - $701k
      AI Estimate
      $666,000
      Market price range: $186k - $667k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,060,000
      AUTO REPAIR, GARAGE
      $610,000
      OFFICE BUILDING
      $560,000
      RETAIL STORES
      $555,000
      NEIGHBORHOOD: SHOPPING CENTER
      $530,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.1328
    Latitude
    34.0603
    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
    $52,741
    $50,856
    $70,876
    $121,732
    -
    $847,600
    $1,181,258
    $2,028,858

    Comparable in this City

    • Value Estimation
      $7,845,000
      13,706 SF

      540 Jamil Rd

      SHOW ROOM, WAREHOUSE • 13,706 SF
      540 Jamil Rd, Columbia, SC 29210-5262
      View Details
    • Value Estimation
      $1,410,000
      13,900 SF

      3740 Fernandina Rd

      RETAIL STORES (PERSONAL SERVICES) • 13,900 SF
      3740 Fernandina Rd, Columbia, SC 29210-3877
      View Details
    • Value Estimation by Request
      3,340 SF

      182 Laurelhurst Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,340 SF
      182 Laurelhurst Ave, Columbia, SC 29210-3824
      View Details
    • Value Estimation by Request
      1,784 SF

      595 Saint Andrews Rd

      FINANCIAL BUILDING • 1,784 SF
      595 Saint Andrews Rd, Columbia, SC 29210-4516
      View Details
    • Value Estimation by Request
      1,175 SF

      1900 Bush Riv Rd

      CONVENIENCE STORE • 1,175 SF
      1900 Bush Riv Rd, Columbia, SC 29210-6816
      View Details
    • Value Estimation
      $1,315,000
      8,970 SF

      536 Saint Andrews Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,970 SF
      536 Saint Andrews Rd, Columbia, SC 29210-4517
      View Details

    Similar Nearby for Sale

    • $1,914,200
      9,180 SF

      Family Dollar Net Lease Investment

      High-yield Family Dollar, Columbia, SC
      942 Broad River Rd, Columbia, SC 29210
      View Details
    • $295,000
      2,125 SF

      Bush River Road Retail Center

      High-Occupancy Retail Investment in Columbia, SC
      1501 Bush River Rd, Columbia, SC 29210
      View Details
    • $285,000
      2,419 SF

      Versatile Commercial Property in Columbia

      Adaptable commercial building in established corridor, ideal for diverse strategies.
      112 Arrowwood Rd, Columbia, SC 29210
      View Details
    • $750,000
      3,180 SF

      Retail Space Near Dutch Square

      Retail property on 0.75 AC corner parcel for sale.
      1725 Broad River Rd, Columbia, SC 29210
      View Details
    • $2,999,000
      1.74 Acres

      Mixed-Use Commercial Investment Opportunity

      Gas station, retail, residential on 1.74 acres.
      1332 Broad River Rd, Columbia, SC 29210
      View Details
    • $2,850,345
      4,236 SF

      Bojangles QSR Investment Opportunity

      Columbia, SC Bojangles NNN Lease
      2423 Broad River Rd, Columbia, SC 29210
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      129 SF

      Retail Spaces Available For Rent

      Retail spaces starting at approximately 1,600 sqft for rent.
      652 Bush River Rd, Columbia, SC 29210
      View Details
    • Contact for pricing
      4,450 SF

      Retail/Flex Space Available

      Retail/flex space with ample parking, available December 2025.
      570 Saint Andrews Rd, Columbia, SC 29210
      View Details
    • $8 SF/Yr
      41,921 SF

      Prime Retail Space - Sublease Opportunity

      Former Walmart, 41,921 SF, Drive-Thru
      3603 Broad River Rd, Columbia, SC 29210
      View Details
    • $12 SF/Yr
      3,000 SF

      Columbia Retail Building - For Sale/Lease

      Prime Retail Space, High Traffic Location
      1421 Broad River Rd, Columbia, SC 29210
      View Details
    • $9 SF/Yr
      3,450 SF

      Retail Space on Broad River

      Retail units available for lease on Broad River Road.
      3104 Broad River Rd, Columbia, SC 29210
      View Details
    • $2,750 /Mo
      2,079 SF

      Warehouse and Retail Space Available

      Warehouse and retail spaces for lease in Columbia, SC.
      3827 Broad River Rd, Columbia, SC 29210
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3760 Fernandina Rd
    Columbia, SC 29210-3809
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.