Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    172 Station Dr Anderson, SC 29621

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a busy power center.

    Property size:
    1,200 SF
    Lot size:
    32.06 Acres

    Property Features for 172 Station Dr

    General Information

    Size
    1,200 SF
    Lot size
    32.06 Acres

    We can help!

    Listing Contact
    Scott Burgess
    Scott Burgess
    Source: Moodyscre

    Listing Agent: Scott Burgess

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Power Center

    This 1,200 square foot retail space is located in a power center off Clemson Boulevard in Anderson, South Carolina. The center's tenants include Sierra, Hobby Lobby, Ross, Bed Bath & Beyond, Kirklands, and Old Navy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hobby Lobby Craft Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.6930484
    Latitude
    34.5573197

    Nearby Similar for Lease

    • $5,500 /Mo

      Industrial Building in Anderson, SC

      Industrial building suitable for wholesale distribution in Anderson, SC.
      1821 S Mcduffie St, Anderson, SC 29624
      View Details
    • $3,400 /Mo

      Class A Office Space

      Professional office suite for rent in Anderson, SC.
      2315 N Main St, Anderson, SC 29621
      View Details
    • $1,350 /Mo
      2,614 SF

      Downtown Anderson Commercial Space Available

      Versatile 1,300 SF space in historic downtown Anderson.
      122 W Whitner St, Anderson, SC 29624
      View Details
    • $7 SF/Yr
      7,500 SF

      Heated Warehouse Near Clemson Boulevard

      5,000 sqft heated warehouse with office space for lease.
      107 Control Dr, Anderson, SC 29625
      View Details
    • $3 SF/Yr
      149,555 SF

      Schmid Plaza Road Warehouse

      Anderson, SC industrial space available
      201 Schmid Plaza Rd, Anderson, SC 29624
      View Details
    • Contact for pricing
      12,380 SF

      Anderson SC Flex Building For Rent

      12,380 SF flex building with exceptional access and visibility.
      4106 Liberty Hwy, Anderson, SC 29621
      View Details
    • $11 SF/Yr
      2,000 SF

      Prime Anderson Retail Space Available

      2,000 SF Retail Building - Excellent Location
      1014 Whitehall Road, Anderson, SC 29651
      View Details
    • $1.00 SF/Yr
      190,000 SF

      Main Street Retail Mall Opportunity

      Anderson, SC Shopping Mall - 190,000 SF
      3131 Main St, Anderson, SC 29621
      View Details
    • Contact for pricing
      33,000 SF

      Market Fair Shopping Center: Prime Retail Space

      33,000 SF Retail Space - Anderson County
      3795 Clemson Blvd, Anderson, SC 29621
      View Details
    • Contact for pricing
      125,000 SF

      Prime Anderson Industrial Space

      Modern Manufacturing/Warehouse, 125,000 SF
      230 Masters Blvd, Anderson, SC 29626
      View Details
    • Contact for pricing
      34,564 SF

      Retail Space in Anderson, SC

      Retail space with high visibility and access near I-85.
      3791-3797 Clemson Blvd, Anderson, SC 29621
      View Details
    • $10 SF/Yr
      5,300 SF

      Downtown Anderson Retail Space

      Iconic 5,300 sqft space, prime location.
      110 Greenville St, Anderson, SC 29621
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space available in a busy power center.
    Where is this strip mall located?
    The property is located at 172 Station Dr Anderson, SC.
    What are key features of this property?
    This property features: - Power center location off Clemson Blvd; - Anchor tenants include Sierra, Hobby Lobby, and Ross; - Additional tenants: Bed Bath & Beyond, Kirklands, Old Navy
    (864) 360-2832
    Request Owner's contact information
    172 Station Dr Anderson, SC 29621
    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.
    172 Station Dr
    Anderson, SC 29621
    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
    172 Station Dr Anderson, SC 29621
    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
    Scott Burgess
    Scott Burgess
    (864) 360-2832
    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.