126 Suber RdColumbia, SC 29210

  • Office properties
  • 11,216 SF
For Sale
$242,250 View listing

Property Details for 126 Suber Rd

Year built
1999
Lot size
2.91 AC
Property size (Sq ft)
11,216 SF
Property type
Office properties
Property subtype
Office buildings
APN
002898-04-048
APU
289804048

Description

This exceptional 3.23-acre industrial land parcel, located at 126 Suber Rd, Columbia, SC 29210, presents a unique investment opportunity in Lexington County. The property, identified by APN 002898-04-017, is zoned ID and boasts an advantageous location adjacent to a thriving flex park. This prime location offers excellent visibility and accessibility, making it highly suitable for a variety of development projects. The site's proximity to existing infrastructure and amenities further enhances its appeal. Potential uses include the development of a highly sought-after industrial or flex park, a self-storage facility, or a townhome community, all catering to the growing demands of the Lexington County market. Water and sewer services are readily available, simplifying the development process and reducing upfront costs. This rare land opportunity is poised for significant appreciation, making it an attractive investment for both seasoned developers and astute investors seeking a strategic foothold in a dynamic market. Don't miss this chance to acquire a well-positioned parcel in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,686,803
    6.5%
    $1,557,049
    7%
    $1,445,832
  • Comparable approach

    Method
    Valuation
    Relative Method
    $820,680
    Geo Method
    $1,899,318
  • Alternative Use

    Use
    Valuation
    Residential
    $1,930,741
    Hospitality
    $1,768,548
    Educational
    $1,471,412
    Medical
    $1,522,016
    Retail
    $2,288,862
126 Suber Rd, Columbia, South Carolina

Location Insight

City
Columbia
County
Lexington
State
South Carolina
Latitude
34.0623
Longitude
-81.1329
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
$69,855
$30,420
$90,521
$120,941
-
$507,000
$1,508,680
$2,015,680

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