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4029 Fernandina Rd Columbia, SC 29212

Commercial real estate Google Maps
0.76 ac lot
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$350k
Range $315k – $385k (±10%)
Property ID US77-1541865

Property summary

AI-generated overview

This exceptional 6,000 square foot commercial land parcel in Columbia, South Carolina, presents a remarkable investment opportunity. Located at 4029 Fernandina Rd, in Lexington County (zip code 29212), this highly visible site boasts unparalleled accessibility and exposure. Directly across from a Costco, the property benefits from significant daily traffic flow and exceptional visibility from Interstate 26, ensuring high brand awareness for any commercial venture. The site is already equipped with crucial infrastructure, including completed underground stormwater detention, eliminating a significant hurdle in the development process. Furthermore, the property comes with pre-approved engineered plans for a 6,000 square foot building, having already received approval from Lexington County. This significantly streamlines the permitting and construction phases, saving both time and money for the future owner. This ready-to-build location is ideal for a variety of commercial or industrial uses, making it an attractive proposition for investors seeking a quick return on investment. The asking price for this prime commercial land is $1,500,000. Don't miss this chance to secure a highly desirable location with significant development advantages.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.76 ac (33,106 SF)
Zoning code M-1
APN R04909-01-04
UPID US77-1541865

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$350k

Owner & transaction history

Zoning & alternative use

M-1 · Columbia, SC

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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More about this property
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