2305 Augusta RdWest Columbia, SC 29169

  • Retail properties
  • 107,890 SF
For Lease
$12/SF/YR View listing

Property Details for 2305 Augusta Rd

Year built
1985
Lot size
22.02 AC
Property size (Sq ft)
107,890 SF
Zone code
C2
Property type
Retail properties
Property subtype
Community centers
APN
004669-01-002
APU
466901002

Description

This exceptional retail opportunity is located at 2305-2349 Augusta Road, West Columbia, South Carolina, 29169. Situated at the intersection of I-26 and US Highway 1 (Augusta Road), this prime location benefits from significant visibility and accessibility within a major retail node of West Columbia, a key submarket of Columbia, SC. The property, known as West Side Plaza, offers a single, sizable vacant space totaling 31,609 square feet, perfect for a large-scale retailer or a business requiring substantial space. The building is classified as a multi-tenant retail property within Lexington County. This presents a unique chance to establish a strong presence in a thriving commercial area. The address is easily accessible from major roadways, ensuring high traffic flow and excellent exposure to potential customers. The substantial square footage provides ample room for various retail configurations and operational needs. This property is ideal for businesses seeking a prominent location with high visibility and convenient access for customers. The strategic location within a primary retail area of West Columbia guarantees a strong customer base and significant potential for growth. Interested parties are encouraged to explore this exceptional retail opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,852,010
    6.5%
    $22,017,240
    7%
    $20,444,580
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,893,804
    Geo Method
    $46,040,632
  • Alternative Use

    Use
    Valuation
    Residential
    $18,572,366
    Hospitality
    $17,012,188
    Educational
    $14,153,940
    Medical
    $14,640,716
    Retail
    $22,017,240
2305 Augusta Rd, West Columbia, South Carolina

Location Insight

City
West Columbia
County
Lexington
State
South Carolina
Latitude
33.9816
Longitude
-81.0976
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
$302,928
$233,789
$583,520
$817,309
-
$3,896,477
$9,725,327
$13,621,804

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