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Property profile & analytics
FOR SALE
Hotels
411 Piney Grove Rd Columbia, SC 29210
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-1195375
For Sale
$724,500
411 Piney Grove Rd, Columbia, SC 29210
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2001
Total area
27,918 SF
Lot
1.03 ac (44,867 SF)
Zoning code
C2
APN
002830-01-030
UPID
US77-1195375
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
Current use
Occupant on record · Public records
-
Super 8 by Wyndham Harbison/Parkridge Hospital Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
T & I Hotel LLC · 1 yrs held
T & I Hotel LLC
since 2024
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
C2 · Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+187.5%
Auto repair, garage
$2.2M
+183.8%
Retail stores
$2.1M
+174.5%
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 Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
Method
Estimation
Statistic approach
$1,555,000
ML approach
$1,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,205,000
Change: +188% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,180,000
Change: +184% · Conversion: Difficult
RETAIL STORES
$2,105,000
Change: +175% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,875,000
Change: +145% · Conversion: Difficult
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.18M (Aug 22 2024)
Last sale anchor
$1.18M
Aug 22 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$49 / SF
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
$30,619
Tax year 2023
Assessed value
$70,665
Assessed 2023
Previous assessed
$70,665
+0.0% YoY
Effective rate
43.33%
On assessed value
Assessed land
$18,000
Assessed improvement
$52,665
Land market value
$300,000
Improvement market value
$877,755
Total market value
$1,177,755
Applied tax rate
5.0000
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
Hotels
Use group
HOTEL
Status
For Sale
Year built
2001
Heating
FORCED AIR
Bathrooms
1
Total area
27,918 SF
Lot
1.03 ac (44,867 SF)
Zoning code
C2
APN
002830-01-030
UPID
US77-1195375
Jurisdiction
LEXINGTON
Zoning & alternative use
C2 · Columbia, SC
Zoning C2 · permitted uses
C2 · Columbia, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.9M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Bathrooms
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
T & I Hotel LLC
Entity
Mailing address
411 PINEY GRV RD, COLUMBIA, SC 29210-3836
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2024
$1,175,000
T & I Hotel LLC
Parvati Management LLC
Deed
—
Nov 22, 2024
—
T & I Hotel LLC
Panratl Management LLC
Quitclaim Deed
related
$3,400,000 · United FCU
Jul 27, 2021
$1,570,340
Parvati Management LLC
Ramayan Incorporated
Special Warranty Deed
$2,515,000 · First Chatham Bank
May 18, 2018
—
Ramayan Incorporated
—
Deed
related
$2,180,000 · Access Point Financial INC
—
—
Ramayan INC
—
Deed Of Trust
related
$980,000 · Congaree State Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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