7422 Nates RdColumbia, SC 29223
- Land
- 120,793 SF
Property Details for 7422 Nates Rd
- Year built
- 1981
- Lot size
- 7.24 AC
- Property size (Sq ft)
- 120,793 SF
- Zone code
- GC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- R17011-05-08
- APU
- R170110508
Description
This 7.27-acre commercial land parcel in Richland County, South Carolina, presents a unique investment opportunity. Located at the intersection of Nates Road and Berkshire Drive, this property boasts exceptional visibility and accessibility to both Two Notch Road (29,200 vehicles per day) and Interstate 20 (61,800 vehicles per day), offering unparalleled exposure to a high volume of traffic. The flat topography and on-site sewer and water utilities simplify development. Currently zoned GC, this land is suitable for a wide range of commercial uses, including retail, hotel/motel, restaurant, and general commercial development. The property's strategic location is further enhanced by its proximity to established businesses such as Home Depot, Best Western, Outback Steakhouse, the Red Lion Hotel, Lizard's Thicket, and U.S. Patriot Tactical. The asking price is $1,295,000, and the potential for acquiring additional acreage exists. This prime location offers significant potential for substantial return on investment. The property's parcel number is R17011-05-08, and the address is 7422 Nates Rd, Columbia, SC 29223. Full-motion access is provided via a signalized intersection from Two Notch Road via Nates Road. The property offers 200 feet of frontage on Two Notch Road.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $20,299,194
- Hospitality
- $18,593,952
- Educational
- $15,469,950
- Medical
- $16,001,985
- Retail
- $24,064,366
Location Insight
- City
- Columbia
- County
- Richland
- State
- South Carolina
- Latitude
- 34.0747
- Longitude
- -80.9433
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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