www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30901748
30901747

2 Locations For Sale

$5,500,000
133 days on market
Updated 133 days ago

Earlewood Multifamily Development Opportunity

Details
Property Type Land
Sub Type Residential
Broker Co-Op Yes
Acreage 8.460
Zoning CAC

SC ABANDONED BUILDING TAX CREDITS & TAX ABATEMENT

Investment highlights

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.

Listing Contacts

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591