Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3975 Platt Spgs Rd West Columbia, SC 29170-1605

    Property Lookup

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

    3975 Platt Spgs Rd West Columbia, SC 29170-1605

    View on Map
    • Strip malls
    • 47,456 SF
    • 4.08 lot acres
    Off-Market
    Last Sale Sep 1, 2021
    $1,400,000
    Property ID
    US77-2877179
    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.
    Value Estimations
    $1,345,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 3975 Platt Spgs Rd

    Year built
    1985
    Lot size
    4.08 lot acres
    Property size
    47,456 SF
    Zone code
    ID
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    006796-02-008
    APU
    679602008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,385,000
      ML approach
      $1,775,000

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

    Location Insight

    • Map
    • Local Demand
    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.1475
    Latitude
    33.9382
    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
    $26,975
    $39,888
    $44,112
    $84,000
    -
    $664,800
    $735,200
    $1,400,000

    Comparable in this City

    • Value Estimation
      $1,620,000
      21,388 SF

      2222 Airport Blvd

      SHOPPING CENTER, STRIP CENTER • 21,388 SF
      2222 Airport Blvd, West Columbia, SC 29170-3173
      View Details
    • Value Estimation
      $1,345,000
      12,000 SF

      677 Main St

      SHOPPING CENTER, STRIP CENTER • 12,000 SF
      677 Main St, West Columbia, SC 29170-1431
      View Details
    • Value Estimation
      $1,130,000
      40,000 SF

      2702 Emanuel Church Rd

      SHOPPING CENTER, STRIP CENTER • 40,000 SF
      2702 Emanuel Church Rd, West Columbia, SC 29170-1329
      View Details
    • Value Estimation
      $5,075,000
      52,096 SF

      2916 Emanuel Church Rd

      SHOPPING CENTER, STRIP CENTER • 52,096 SF
      2916 Emanuel Church Rd, West Columbia, SC 29170-3010
      View Details
    • Value Estimation
      $825,000
      14,685 SF

      2304 Airport Blvd

      SHOPPING CENTER, STRIP CENTER • 14,685 SF
      2304 Airport Blvd, West Columbia, SC 29170-2120
      View Details
    • Value Estimation
      $1,725,000
      44,649 SF

      3236 Augusta Rd

      SHOPPING CENTER, STRIP CENTER • 44,649 SF
      3236 Augusta Rd, West Columbia, SC 29170-2833
      View Details

    Similar Nearby for Sale

    • $280,000
      4,270 SF

      Versatile Commercial Property in West Columbia

      Showroom, office, and warehouse space on 0.88 acres.
      301 Ramblin Rd, West Columbia, SC 29170
      View Details
    • $280,000
      4,600 SF

      Versatile Commercial Property with Showroom

      Showroom, office, and warehouse space on 0.88 acres.
      301 Ramblin Rd, West Columbia, SC 29170
      View Details
    • $300,000
      1,640 SF

      Swansea Car Wash For Sale

      Four-bay car wash on 0.344 acres in Swansea, South Carolina.
      305 S Church St, Swansea, SC 29170
      View Details
    • $250,000
      1.77 Acres

      West Columbia Commercial/Residential Lot

      Large lot with frontage on well-traveled Platt Springs Road.
      4974 Platt Spring Rd, West Columbia, SC 29170
      View Details
    • Contact for pricing

      Retail Development Site For Sale

      Prime 7.87-acre retail development site in West Columbia, SC.
      2917 Augusta Rd, West Columbia, SC 29170
      View Details
    • $52,500
      0.30 Acres

      Residential Lot with Pond Views

      Residential lot in Lexington County with pond views.
      3318 Hollydale Dr, West Columbia, SC 29170
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Inline Retail Space Available

      Inline retail space available for rent starting 1/1/25.
      3236 Augusta Rd, West Columbia, SC 29170
      View Details
    • Contact for pricing

      Industrial Land Near Columbia Airport

      Located in CAE Enterprise Park, near major transportation routes.
      375 Metropolitan Dr, West Columbia, SC 29170
      View Details
    • Contact for pricing
      604,800 SF

      West Columbia Warehouse Space

      Large warehouse, multiple tenants, SC
      425 Distribution Dr, West Columbia, SC 29170
      View Details
    • Contact for pricing
      9,000 SF

      West Columbia Flex Space Available

      9,000 SF flex space with I-26 access.
      1255 Boston Ave, West Columbia, SC 29170
      View Details
    • Contact for pricing
      6,826 SF

      West Columbia Flex Space Available

      6,826 SF flex space with dock and drive-in doors.
      103 Trade Zone Dr, West Columbia, SC 29170
      View Details
    • Contact for pricing
      204,120 SF

      West Columbia Distribution Center

      Class A Industrial Space Available
      425 Distribution Dr, West Columbia, SC 29170
      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.
    3975 Platt Spgs Rd
    West Columbia, SC 29170-1605
    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.
    Sign Up Successful!
    You now have access to more from Realmo!