9850 Two Notch RdColumbia, SC 29223
- Other commercial real estate
- 5,402 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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