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2029 Platt Springs Rd 3,142 SF Retail Building West Columbia, SC 29169 $920,927 CAD ($293.10 CAD/SF) 6.46% Cap Rate



Investment Highlights
- Signalized Corner at Platt Springs Road and Zeigler Road
- Existing illuminated freestanding sign
- Existing automotive-oriented configuration
Executive Summary
Excellent owner-user opportunity at the signalized corner of Platt Springs Road and Zeigler Road in West Columbia. The approximately 0.36-acre property includes approximately 3,142 square feet of improvements, consisting of a front office/showroom building and a rear heated metal shop with an overhead door. The office area features multiple private offices, reception and administrative space, two restrooms, and excellent window exposure. The site offers extensive paved parking and vehicle-display area, an illuminated freestanding sign, public water and sewer, natural gas, and Dominion Energy service. C-2 General Commercial zoning supports a variety of retail, office, service, and automotive-oriented uses, subject to verification and governmental approval. Ideal for an automotive sales or service business, specialty retailer, equipment rental company, contractor office, professional service provider, or other owner-user seeking prominent corner visibility and functional office/shop space. Property is owner occupied. Please do not disturb the business or employees. All showings must be scheduled through the listing agent. Buyer to independently verify square footage, acreage, zoning, permitted use, utilities, access, easements, environmental condition, and all other information material to the buyer’s intended use.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,142 SF
Building Class
C
Year Built
1970
Price
$920,927 CAD
Price Per SF
$293.10 CAD
Cap Rate
6.46%
NOI
$59,492 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
4.16 AC
Zoning
C-2 - General Commercial
Parking
30 Spaces (9.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 005738-02-009 | Improvements Assessment | $3,538 CAD (2024) |
| Land Assessment | $6,394 CAD (2024) | Total Assessment | $9,932 CAD (2024) |
Property Taxes
Parcel Number
005738-02-009
Land Assessment
$6,394 CAD (2024)
Improvements Assessment
$3,538 CAD (2024)
Total Assessment
$9,932 CAD (2024)
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2029 Platt Springs Rd
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