Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1940 Pleasant Hill Rd, Unit 3-B Greer, SC 29651

    Sponsored
    For Sale
    $659,900

    Acreage - Greer, SC

    Lot size:
    22.90 Acres
    Days on Market:
    15
    Last Refresh:
    Jan 27 at 5:06 pm

    Property Features for 1940 Pleasant Hill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    Exterior features
    Level, Rolling, Sloping, Stream/Creek, Wooded
    Lot size
    22.90 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Anna Workman
    Anna Workman

    BLACKSTREAM INTERNATIONAL RE LLC (864) 637-9302

    Listing agent Anna Workman (864) 920-0303 License #90995

    Listing date Jan 13, 2026

    MLS# 323123 Listing URL

    Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Greer Acreage with Mountain Views

    This 22.9-acre property is located in Northern Greer, in the foothills of Glassy Mountain. The wooded land offers privacy and tranquility, with the potential for mountain views. A creek marks the northern boundary of the property. This land provides an opportunity to create a private retreat or mini farm, with no covenants or restrictions. Horses are permitted. Wildlife, including deer and turkey, can be found on the property. The location is approximately 12 minutes from Landrum, 15 minutes from I-26, one hour from Asheville NC, 1.5 hours from Charlotte NC, and 25 minutes to GSP Airport and BMW. A new survey has been filed and recorded.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greer
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.280441
    Latitude
    35.077203

    Nearby Similar for Sale

    • $1,600,000
      0.63 Acres

      Adaptable Commercial Building on Wade Hampton

      Freestanding 13,600 SF commercial building with multi-occupancy flexibility.
      14629 E Wade Hampton Blvd, Greer, SC 29651
      View Details
    • $502,000
      1,799 SF

      Greer Office with Fireplace

      Professional office space near downtown Greer with fireplace and ample space.
      408 North Main St, Greer, SC 29651
      View Details
    • Contact for pricing
      1.63 Acres

      Office Space with Included Utilities

      Office space for sale with utilities and shared amenities.
      552 Memorial Drive Ext, Greer, SC 29651
      View Details
    • Contact for pricing
      12,400 SF

      Retail Development on Brushy Creek

      New retail development in a residential area of Greenville, SC.
      3130 Brushy Creek Rd, Greer, SC 29650
      View Details
    • $252,000
      1,800 SF

      Spacious Townhome in Convenient Location

      Two-story townhome near I-85, I-385, BMW, and Michelin.
      24 Roselite Cir, Greer, SC 29650
      View Details
    • $355,000

      Auto Garage Near Wade Hampton

      Commercial property with auto garage, office, and ample parking.
      110 Conway Dr, Greer, SC 29651
      View Details
    • Contact for pricing
      10,000 SF

      Greer SC Industrial/Flex Space

      10,000 SF industrial/flex space near GSP Airport.
      175 Brookshire Rd, Greer, SC 29651
      View Details
    • $450,000
      3,360 SF

      Office Suites in Greer, SC

      Office suites for sale in Greer, South Carolina.
      1305 W Poinsett St, Greer, SC 29650
      View Details
    • $525,000
      2,006 SF

      Greer Office Space For Sale

      Office space with existing offices, conference room, and private restrooms.
      107 Regency Commons Dr, Greer, SC 29650
      View Details
    • Contact for pricing
      40 SF

      40,000 SF Industrial Opportunity

      Industrial property for sale at 2701 E Phillips Road, Greer.
      2701 E Phillips Rd, Greer, SC 29650
      View Details
    • $850,000
      5,000 SF

      Greer Office Building For Sale

      Office building in Greer, South Carolina, with recent upgrades.
      420 The Pkwy, Greer, SC 29650
      View Details
    • $1,750,000
      12,000 SF

      Highway 101 Office Building

      Office building with easy access and ample parking.
      1431 Highway 101 S, Greer, SC 29651
      View Details

    FAQs

    What type of property is this?
    Land - 22.9 acres in Northern Greer near Glassy Mountain.
    Where is this land located?
    The property is located at 1940 Pleasant Hill Rd, Unit 3-B Greer, SC.
    What is the asking price?
    The asking price for this property is $659,900.
    What are key features of this property?
    This property features: - Large 22.9-acre property offering privacy and tranquility.; - Located in the foothills of Glassy Mountain with potential for breathtaking mountain views.; - No covenants or restrictions, allowing for a dream home, peaceful retreat, or mini farm.
    (304) 646-9515
    Request Owner's contact information
    1940 Pleasant Hill Rd, Unit 3-B Greer, SC 29651
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1940 Pleasant Hill Rd, Unit 3-B
    Greer, SC 29651
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1940 Pleasant Hill Rd, Unit 3-B Greer, SC 29651
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Anna Workman
    Anna Workman
    Real Estate License ID: 90995
    (304) 646-9515
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.