Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    114 Earle St Clemson, SC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail/restaurant spaces available in mixed-use student housing project.

    Type:RETAIL
    Property size:
    1,401 SF
    Lot size:
    3.28 Acres
    Added:
    Aug 26, 2024
    Days on Market:
    611
    Last Refresh:
    Apr 5 at 10:02 pm

    Property Features for 114 Earle St

    General Information

    Standard status
    Active
    Size
    1,401 SF
    Lot size
    3.28 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 114 Earle St Contact us

    We can help!

    Listing Contact
    Bradley (Brad) Toy, CCIM
    Bradley (Brad) Toy, CCIM

    Listing agent Bradley (Brad) Toy, CCIM License #46844

    Listing office Wilson Kibler | Greenville

    Listing date Aug 26, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Wilson Kibler | Greenville

    Overview

    Retail/Restaurant Space Near Clemson University

    This property features retail and restaurant spaces available for rent within a mixed-use luxury student housing project encompassing approximately 235,000 square feet and accommodating 706 beds. Two spaces are available, one measuring approximately 1,409 square feet and the other approximately 1,401 square feet, both situated on the ground floor. Ample retail parking is available. Constructed in 2017, the property is located one block north of Clemson University and one block east of College Avenue. It is the largest off-campus housing complex. The TICAM/NNN is $2.92 per square foot.
    Location Intelligence

    Current Use by Public Records

    Zipcar Freight Service 114 Earle Real Estate Agency Earle Student Living Student Dormitory

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Sully's Steamers — 385 College Ave, Clemson, SC 29631
    • Frios Gourmet Pops - Clemson Ice Cream Catering — 518 College Ave #170, Clemson, SC 29631

    Location Insight

    • Map
    • Local Demand
    City
    Clemson
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.8354
    Latitude
    34.6833

    Nearby Similar for Lease

    • $2,800/Mo

      Downtown Clemson Retail Space Available

      Retail space in downtown Clemson, formerly a coffee shop.
      382 College Avenue, Clemson, SC 29631
      View Details
    • $40 SF/Yr

      Freestanding Restaurant Space Available

      4,029 SF freestanding restaurant with drive-thru in Clemson, SC.
      1071 Tiger Blvd, Clemson, SC
      View Details
    • Contact for pricing

      Mixed-Use Property Near Clemson Campus

      Mixed-use property with residential and retail components near Clemson University.
      111 Earle Street, Clemson, SC 29631
      View Details
    • Contact for pricing

      Retail Space Near Clemson University

      Publix-anchored retail space with high visibility near Clemson University.
      1390 Tiger Blvd, Clemson, SC
      View Details
    • Contact for pricing

      Retail/Restaurant Space Near Clemson University

      Retail/restaurant space with dedicated parking and lake access.
      894 Tiger Blvd, Clemson, SC
      View Details
    • Contact for pricing

      Retail Space Near Clemson University

      Retail space on high-traffic corridor near Clemson University.
      107 Canoy Ln, Clemson, SC 29631
      View Details

    FAQs

    What type of property is this?
    Restaurant - Retail/restaurant spaces available in mixed-use student housing project.
    Where is this restaurant located?
    The property is located at 114 Earle St Clemson, SC.
    What are key features of this property?
    This property features: Prime location: one block north of Clemson University and one block east of College Avenue; Largest off‑campus housing complex; ±235,000 SF mixed‑use luxury student housing project with 706 beds
    (864) 640-7429 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bradley (Brad) Toy, CCIM
    Bradley (Brad) Toy, CCIM
    Real Estate License ID: 46844
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!