3506 Bush River RdColumbia, SC 29210

  • Office buildings
  • 7,000 SF
For Sale
$1,380,000 View listing

Property Details for 3506 Bush River Rd

Year built
2005
Lot size
4.92 AC
Property size (Sq ft)
7,000 SF
Zone code
C1
Property type
Office buildings
APN
003696-04-008
APU
369604008

Description

This exceptional Class A retail property, located at 3506 Bush River Road in Columbia, South Carolina, presents a unique investment opportunity. Boasting 7,000 square feet of versatile space on a 5-acre lot, this turnkey venue is ideally suited for a variety of uses. Currently configured as an event space, its adaptability allows for conversion to multiple commercial applications, catering to diverse business needs. The property's prime location in Lexington County, near the intersection of Interstates 20 and 26 in the St. Andrews area, ensures high visibility and convenient access for customers and employees. The General Commercial zoning permits a wide range of potential uses, maximizing the property's investment potential. Ample parking is available on-site, accommodating a large number of vehicles. The asking price for this exceptional property is $1,380,000. This presents a rare chance to acquire a well-located, adaptable commercial space with significant upside potential in a thriving South Carolina market. Don't miss this opportunity to own a piece of Columbia's commercial landscape. The property's zip code is 29210.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,052,748
    6.5%
    $971,768
    7%
    $902,356
  • Comparable approach

    Method
    Valuation
    Relative Method
    $512,194
    Geo Method
    $1,185,380
  • Alternative Use

    Use
    Valuation
    Residential
    $1,204,992
    Hospitality
    $1,103,766
    Educational
    $918,320
    Medical
    $949,903
    Retail
    $1,428,498

Location Insight

City
Columbia
County
Lexington
State
South Carolina
Latitude
34.0402
Longitude
-81.1421
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
$15,359
$6,654
$28,097
$34,751
-
$110,900
$468,270
$579,170

FAQs

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