5243 Forest DrColumbia, SC 29206

  • Other commercial real estate
  • 1,523 SF
For Lease

Property Details for 5243 Forest Dr

Year built
1943
Property size (Sq ft)
1,523 SF
Zone code
GC
Property type
Other commercial real estate
APN
R16706-03-35
APU
R167060335

Description

This exceptional 1.3-acre commercial land parcel presents a unique investment opportunity in the desirable Forest Acres area of Columbia, South Carolina. Located at 5243 Forest Drive, this single-tenant property is zoned GC City of Columbia, offering significant flexibility for a variety of commercial uses. The expansive lot size provides ample space for development, allowing for substantial building potential. Situated in Richland County, this prime outparcel benefits from excellent visibility and accessibility, making it an ideal location for businesses seeking high traffic exposure. The property's address is 5243 Forest Drive, Columbia, SC 29206. Its convenient location within the thriving Forest Acres community offers easy access to major roadways, amenities, and a strong residential base. This is a rare opportunity to acquire a sizable commercial land parcel in a highly sought-after area, perfect for entrepreneurs and investors looking to establish a new business or expand an existing one. The property's single-tenant designation simplifies ownership and management, making it an attractive option for those seeking a straightforward investment. With its strategic location and zoning, this property is poised for significant growth and return on investment. Don't miss this chance to secure this prime commercial land in Columbia, South Carolina.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $273,174
    Hospitality
    $250,226
    Educational
    $208,185
    Medical
    $215,345
    Retail
    $323,844
5243 Forest Dr, Columbia, South Carolina

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.0224
Longitude
-80.9577
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
$18,300
-
-
-
-
-
-
$637,700

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