3760 Fernandina RdColumbia, SC 29210

  • Other commercial real estate
  • 5,000 SF
For Lease

Property Details for 3760 Fernandina Rd

Year built
1998
Lot size
6.52 AC
Property size (Sq ft)
5,000 SF
Zone code
ID
Property type
Other commercial real estate
Property subtype
Showrooms
APN
002844-02-005
APU
284402005

Description

This exceptional one-acre commercial lot in Columbia, South Carolina, presents a unique opportunity for development. Located in Lexington County at 3760 Fernandina Road, this single-tenant property offers flexibility for build-to-suit projects or ground lease arrangements. The ground lease terms are negotiable, providing potential investors with adaptable options to suit their specific needs. Its strategic location near the Piney Grove Road exit of I-26 ensures excellent accessibility and high visibility. Furthermore, the property enjoys proximity to Columbiana Centre, a major shopping destination, enhancing its commercial appeal and potential for attracting a wide range of businesses. The lot's size of one acre provides ample space for various development projects, from small-scale retail spaces to larger commercial buildings. This prime location, combined with the flexibility of build-to-suit or ground lease options, makes this property an attractive investment opportunity in a thriving South Carolina market. The property's zip code is 29210. This is a single-tenant property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,105,386
    6.5%
    $1,020,356
    7%
    $947,473
  • Comparable approach

    Method
    Valuation
    Relative Method
    $921,948
    Geo Method
    $2,133,684
  • Alternative Use

    Use
    Valuation
    Residential
    $860,708
    Hospitality
    $788,404
    Educational
    $655,943
    Medical
    $678,502
    Retail
    $1,020,356
3760 Fernandina Rd, Columbia, South Carolina

Location Insight

City
Columbia
County
Lexington
State
South Carolina
Latitude
34.0603
Longitude
-81.1328
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
$52,741
$50,856
$70,876
$121,732
-
$847,600
$1,181,258
$2,028,858

FAQs

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