301 Sunset Dr - Earlewood Multifamily Development Opportunity 8.46 Acres of Residential Land Offered at $7,503,320 CAD in Columbia, SC 29203

Strategically positioned at the gateway to Columbia’s most dynamic growth corridors, 301 Sunset Drive represents the premier opportunity for a high-density, market-rate multifamily development. This 8.46-acre site is uniquely anchored by the Prisma Health Richland campus—the region’s primary medical employment engine—providing an immediate, sophisticated tenant base of healthcare professionals and staff. As a focal point of the North Main (NOMA) Corridor revitalization, the property is a direct beneficiary of the city’s urban densification strategy, offering residents the rare combination of neighborhood character and seamless access to the $300M+ BullStreet District and the downtown central business district. The site’s eligibility for the Richland County Commercial Development Program—offering a 50% property tax abatement for 10 years and SC Abandoned Building Tax Credits—creates a compelling financial advantage and a superior path to accelerated IRR. With over 39,000 square feet of existing footprint and high-visibility frontage at a signalized intersection, the location is primed for a transformative project. This development will capture the "flight to quality" currently driving the Columbia rental market, meeting the urgent demand for modern, amenity-rich housing in a high-growth, transit-accessible submarket. Key Development Highlights Employment Anchor: Proximity to Prisma Health Richland (9,000+ employees). Tax Incentives: 10-year property tax abatement through Richland County as well as SC Abandoned Building Tax Credits Strategic Transit: Minutes from I-20, I-77, and SC-277, ensuring regional connectivity. Urban Lifestyle: Proximate to Segra Park, Earlewood Park, and the burgeoning NOMA retail scene.