7422 Nates RdColumbia, SC 29223

  • Land
  • 120,793 SF
For Sale
$1,295,000 View listing

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
7422 Nates Rd, Columbia, South Carolina

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

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
$21,057
-
-
-
-
-
-
$630,700

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