9850 Two Notch RdColumbia, SC 29223

  • Other commercial real estate
  • 5,402 SF
For Sale
$2,200,000 View listing

Property Details for 9850 Two Notch Rd

Year built
1992
Lot size
8.05 AC
Property size (Sq ft)
5,402 SF
Zone code
GC
Property type
Other commercial real estate
APN
R22803-03-20
APU
R228030320

Description

This exceptional 11.32-acre commercial land parcel, located at 9850 Two Notch Road in Columbia, South Carolina, presents a remarkable investment opportunity. Zoned GC—General Commercial, this property allows for diverse development options, including retail, office, multifamily, or restaurant uses, with a potential density of up to 16 units per acre for multifamily projects. Boasting a high-traffic location with 35,400 vehicles per day on US-1 Two Notch Road, the site benefits from excellent visibility and accessibility. Nearby established businesses such as AutoZone, Zaxby's, and First Community Bank further enhance its desirability. The property's adjacency to the affluent Wildewood neighborhood (with a median home listing price of approximately $400,000) and its location within the award-winning Richland Two School District add significant value. Infrastructure is readily available, including water and sewer services. The seller will consider subdividing the land to accommodate various development plans. Three potential full-access points onto Two Notch Road provide ample flexibility for site design. The asking price is $2,200,000, translating to approximately $310,173 per acre. This represents a compelling opportunity to capitalize on the strong demand for commercial development in this thriving area of Columbia.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $907,803
    Hospitality
    $831,543
    Educational
    $691,834
    Medical
    $715,627
    Retail
    $1,076,186
9850 Two Notch Rd, Columbia, South Carolina

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.1084
Longitude
-80.8974
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
$40,038
-
-
-
-
-
-
$1,199,200

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