Forest Acres, SC
Commercial Real Estate Market Trends & Data

$234 Avg asking sale price
$29 Avg asking lease rate
5,070 SF Avg unit lease size
5,607 SF Avg building size for sale
6.26% Average cap rate

Forest Acres's Demographic Profile

Forest Acres has 5,163 households and a median income of $72,456, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 11,280
# Households 5,163
Median age 41
Median household income $72,456
Avg household size 2.0
Renter-occupied housing units 1,382
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Forest Acres, SC

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Columbia $241 11,067 SF 9.66%
Cayce $186 13,381 SF 7.00%
West Columbia $181 9,186 SF 7.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Forest Acres $133 4,651 SF 7.26%
Columbia $139 25,619 SF 7.26%
Cayce $125 43,249 SF 6.46%
West Columbia $156 15,496 SF 6.46%
Nearby Retail Markets Avg Cost/SF Typical Size
Forest Acres $611 3,719 SF
Columbia $520 6,897 SF
Cayce $323 5,664 SF
West Columbia $277 5,262 SF
Hopkins $615 3,859 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Columbia $374 14,527 SF 9.79%
Cayce $121 21,164 SF 8.17%
West Columbia $121 21,164 SF 8.17%

Commercial Properties For Sale in Forest Acres

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

8500 Two Notch Rd

Columbia, SC 29223

  • 1,333 SF Retail Building
  • $1,350,000
For Sale

101 Warner Dr

Columbia, SC 29223

  • 4,600 SF Industrial Building
  • $699,000
For Sale

Brick Quadraplex In Columbia, SC

Columbia, SC 29223

  • 8,000 SF Multifamily
  • $375,000
For Sale

220 Oneil Ct

Columbia, SC 29223

  • 7,800 SF Industrial Building
  • 7.26% Cap Rate
  • $1,075,000
For Sale

Tri - Plex @ 1308 Maple

Columbia, SC 29205

  • 2,850 SF Multifamily
  • $875,000
For Sale

8513 Two Notch Rd

Columbia, SC 29223

  • 16,800 SF Retail Building
  • $1,750,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Forest Acres pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Forest Acres $234 5,607 SF
Columbia $322 16,104 SF
Cayce $197 26,409 SF
West Columbia $192 15,195 SF

Regional Demographic Comparison

This comparison places Forest Acres alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Forest Acres or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Forest Acres 11,280 5,163 41 $72,456 2 1,382 2%
Columbia 132,825 51,533 32 $47,869 2 28,716 2%
Cayce 14,141 6,493 38 $57,644 2 2,794 9%
West Columbia 16,664 7,871 39 $46,732 2 4,141 9%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Forest Acres, SC and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Forest Acres

View All Commercial Real Estate For Sale in Forest Acres
Is Forest Acres a good market for a first-time commercial real estate investor?

Forest Acres offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Forest Acres?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Forest Acres. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Forest Acres?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Forest Acres. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Forest Acres compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Forest Acres. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Forest Acres acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Forest Acres, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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