3236 Augusta RdWest Columbia, SC 29170

  • Strip malls
  • 44,649 SF
For Lease
$12/SF/YR View listing

Property Details for 3236 Augusta Rd

Year built
1980
Lot size
5.50 AC
Property size (Sq ft)
44,649 SF
Zone code
ID
Property type
Strip malls
Property subtype
Neighborhood centers
APN
004598-04-007
APU
459804007

Description

Woodberry Plaza, a Class A retail center in Lexington County, offers an exceptional opportunity for businesses seeking high-visibility space. This single-story building totals 85,000 square feet and sits on 18 acres of land, providing ample parking with 300 spaces. Currently, there is 7,800 square feet of inline retail space immediately available, divisible to a minimum of 7,800 square feet and expandable up to a contiguous 43,000 square feet. The property features six total suites. The center boasts a prime location with excellent visibility and high traffic counts, with approximately 40,000 vehicles passing daily on Augusta Highway, near Woodberry Road. Recent improvements include a refinished and restriped parking lot. The property's tenant mix is rapidly improving, creating a synergistic environment for new businesses. The available space is ready for occupancy on January 1st, 2025. The property's APN is 004598-04-005. This is an exceptional opportunity to establish a presence in a thriving retail environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,870,872
    6.5%
    $9,111,575
    7%
    $8,460,748
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,232,816
    Geo Method
    $19,053,372
  • Alternative Use

    Use
    Valuation
    Residential
    $7,685,954
    Hospitality
    $7,040,292
    Educational
    $5,857,441
    Medical
    $6,058,887
    Retail
    $9,111,575

Location Insight

City
West Columbia
County
Lexington
State
South Carolina
Latitude
33.9773
Longitude
-81.1278
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
$43,054
$33,000
$83,162
$116,162
-
$550,000
$1,386,028
$1,936,028

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