1220 Charleston HwyWest Columbia, SC 29169

Property Details for 1220 Charleston Hwy

Year built

1975

Lot size

1.27 AC

Property size (Sq ft)

5,131 SF

Zone code

C2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

004632-03-010

APU

463203010

Description

Exceptional opportunity to acquire a prime 1 to 3.7-acre retail development site in West Columbia, South Carolina. This vacant property, located at 1220 Charleston Hwy, boasts a total of 5,538 square feet and is zoned C2 General Commercial, offering significant flexibility for various commercial uses, including restaurants. The asking price for the 1-acre outparcel is $1,300,000, with pricing available for alternative site sizes upon request. The property enjoys a high-traffic location, with approximately 24,200 vehicles passing daily. Its strategic position, just two miles from Columbia's central business district and the University of South Carolina, ensures high visibility and accessibility. The site is surrounded by numerous national retailers, creating a strong retail environment. The property is offered fee simple, with the owner open to exploring ground lease and build-to-suit options. The parcel number is 004632-03-010. This is a rare opportunity to develop a thriving commercial venture in a high-demand location. Contact us today to discuss this exceptional investment opportunity and explore the possibilities for alternative site sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $1,085,065

  6.5%

  $1,001,598

  7%

  $930,056

• Comparable approach

  Method

  Valuation

  Relative Method

  $774,848

  Geo Method

  $2,189,586

• Alternative Use

  Use

  Valuation

  Residential

  $844,886

  Hospitality

  $773,911

  Educational

  $643,885

  Medical

  $666,029

  Retail

  $1,001,598

Location Insight

City

West Columbia

County

Lexington

State

South Carolina

Latitude

33.9771

Longitude

-81.0762

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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