Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    534 Wil Stel Rd Columbia, SC 29210-3967
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    534 Wil Stel Rd Columbia, SC 29210-3967

    View on Map
    • Commercial real estate
    • 18,432 SF
    • 2.48 lot acres
    Off-Market
    Last Sale Oct 25, 2021
    $1,270,000
    Property ID
    US77-2192753
    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

    • Harbison Hall / Nursing Home / Retirement Community

    Property Details for 534 Wil Stel Rd

    Year built
    1999
    Construction
    FRAME
    Lot size
    2.48 lot acres
    Property size
    18,432 SF
    Zone code
    RM-2
    Property type
    Commercial real estate
    APN
    R04914-02-36
    APU
    R049140236

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,125,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,558,000
      Market price range: $702k - $2.58M
      AI Estimate
      $1,505,000
      Market price range: $685k - $2.46M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,560,000
      Current use
      OFFICE BUILDING
      $2,060,000
      Change: +32% Conversion: Easy
      RETAIL STORES
      $2,035,000
      Change: +31% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -81.1343
    Latitude
    34.0728
    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
    $36,266
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $1,263,700

    Comparable in this City

    • Value Estimation by Request

      2104 Broad Riv Rd

      COMMERCIAL (GENERAL)
      2104 Broad Riv Rd, Columbia, SC 29210-7008
      View Details
    • Value Estimation by Request
      0.15 Acres

      Assurance Rd

      COMMERCIAL (GENERAL) • 0.15 Acres
      Assurance Rd, Columbia, SC 29210
      View Details
    • Value Estimation by Request
      1,249 SF

      1131 Saint Andrews Rd

      COMMERCIAL (GENERAL) • 1,249 SF
      1131 Saint Andrews Rd, Columbia, SC 29210-5819
      View Details
    • Value Estimation by Request
      2,153 SF

      901 Saint Andrews Rd

      COMMERCIAL (GENERAL) • 2,153 SF
      901 Saint Andrews Rd, Columbia, SC 29210-5815
      View Details
    • Value Estimation
      $1,815,000
      21,820 SF

      111 Lancewood Rd

      COMMERCIAL (GENERAL) • 21,820 SF
      111 Lancewood Rd, Columbia, SC 29210-7523
      View Details
    • Value Estimation by Request
      2,777 SF

      224 Latonea Dr

      COMMERCIAL (GENERAL) • 2,777 SF
      224 Latonea Dr, Columbia, SC 29210-7528
      View Details

    Similar Nearby for Sale

    • $3,200,000
      17,817 SF

      High-Demand Retail Property, Columbia SC

      Prime Retail Location, High Traffic Count, Immediate Income
      1332 Broad River Rd, Columbia, SC 29210
      View Details
    • $236,000
      2.95 Acres

      Prime Columbia Commercial Land

      2.95 Acres, I-26 Proximity
      0 Piney Woods Rd, Columbia, SC 29210
      View Details
    • Contact for pricing
      2,125 SF

      Retail Center Near I-26

      Small retail center located near I-26 on Bush River Road.
      1501 Bush River Rd, Columbia, SC 29210
      View Details
    • Contact for pricing
      12,000 SF

      Columbia Office Building For Sale

      12,000 SF office building for sale in Columbia, SC.
      4400 St Andrews Rd, Columbia, SC 29210
      View Details
    • Contact for pricing
      5,000 SF

      Profitable Urban Adult Club ForSale

      Profitable adult club on high traffic intersection, real estate included.
      2219 Broad River Rd, Columbia, SC 29210
      View Details
    • $285,000
      2,419 SF

      Versatile Commercial Property in Columbia

      Commercial property with flexible configuration in established St. Andrews area.
      112 Arrowwood Rd, Columbia, SC 29210
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      8,900 SF

      Columbia Warehouse Space for Lease

      8,900 SF Warehouse, 360 SF Available
      534 St Andrews Rd, Columbia, SC 29210
      View Details
    • Contact for pricing

      Class B Office Building

      Renovated office building with amenities and excellent access.
      810 Dutch Square Blvd, Columbia, SC 29210
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 392 St Andrews Rd.
      392 St Andrews Rd, Columbia, SC 29210
      View Details
    • Contact for pricing
      4,315 SF

      Retail Space Near Harbison Corridor

      4,315 SF retail space near I-20 and Harbison.
      125 Outlet Pointe Blvd, Columbia, SC 29210
      View Details
    • $20 SF/Yr
      6,950 SF

      Class A Office Building Rental

      Class A office building near I-26 and I-20 interchange.
      100 Center Point Cir, Columbia, SC 29210
      View Details
    • Contact for pricing
      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.
    534 Wil Stel Rd
    Columbia, SC 29210-3967
    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!