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Property profile & analytics
OFF-MARKET Estimated value $2,965,000
Hotels

650 Cherokee Ln West Columbia, SC 29169-3501

48,511 SF 5.05 ac lot Built 1975
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US77-2945255
Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1975
Total area 48,511 SF
Lot 5.05 ac (219,978 SF)
Zoning code C2
APN 005752-01-020
UPID US77-2945255
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.11M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.97M
Owner & transaction history
Sri Dev Columbia INC · 3 yrs held
Sri Dev Columbia INC
since 2023
Last sale
$3.0M
7 recorded transactions
2023
$3.0M
2021
$3.7M
2021
Price N/A
2020
$3.5M
2019
$1.6M
2019
Price N/A
2018
$500
Zoning & alternative use
C2 · West Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-2 General Commercial NOT OFFICIAL COPY City of West Columbia Zoning Ordinance 133 | P a g e C-3 Restricted Commercial LM Light Manufacturing HM Heavy Manufacturing 2. A building permit for substantial alteration to the parcel or any existing or proposed structure is issued. For the purpose of this section, a substantial alteration to the parcel would inclu…

Zone name General Commercial
General category COMMERCIAL
Zone area 1,333.31 ac
Top alternative use upside
Commercial (general) $4.7M +201.3%
Auto repair, garage $4.1M +165.3%
Retail stores $3.2M +103.9%
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