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    6414 State Park Rd Travelers Rest, SC 29690

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    For Lease
    Contact for pricing

    Retail property available for lease in Travelers Rest, SC.

    Property size:
    13,820 SF
    Lot size:
    1.96 Acres

    Property Features for 6414 State Park Rd

    General Information

    Size
    13,820 SF
    Lot size
    1.96 Acres

    We can help!

    Listing Contact
    Scott Tiernan
    Source: Moodyscre

    Listing Agency: SRS Real Estate Partners - Atlanta Listing Agent: Scott Tiernan

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

    Learn more

    Property Insight Report

    Overview

    Travelers Rest Retail Space Available

    This retail property, offering 13,820 square feet of space, is available for lease. The property is located on State Park Rd in Travelers Rest, SC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CDReload - Online Bitcoin ... Crypto Atm Randy W. Lutz, ... Pharmacy higi Physician Cardtronics ATM Atm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Travelers Rest
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.429537
    Latitude
    34.964227

    Nearby Similar for Lease

    • Contact for pricing

      Travelers Rest Retail Space Available

      Subdividable retail space with frontage on Swamp Rabbit Trail.
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      New Retail Center in Travelers

      New retail strip center in Travelers Rest, South Carolina.
      6516 State Park Rd, Travelers Rest, SC 29690
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      2,933 SF

      Travelers Rest Retail Space Available

      Retail space in downtown Travelers Rest near Furman University.
      36 S Main St, Travelers Rest, SC 29690
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      14,500 SF

      Travelers Rest Office Space

      Office space available for lease in Travelers Rest, SC.
      6701 State Park Rd, Travelers Rest, SC 29690
      View Details
    • $22 SF/Yr
      1,798 SF

      Travelers Rest Retail Endcap

      High-traffic retail space, excellent location.
      3 Benton Rd, Travelers Rest, SC 29690
      View Details
    • $45 SF/Yr
      10,960 SF

      Travelers Rest Retail Space

      Class A Retail, 10,960 SF, New Construction
      571 Roe Center Ct, Travelers Rest, SC 29690
      View Details
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      9,000 SF

      Retail Space in Travelers Rest

      9,000 SF retail space available for lease.
      125 Pinestone Dr, Travelers Rest, SC
      View Details
    • Contact for pricing
      1,583 SF

      Travelers Rest Retail Space Available

      Retail space available for rent in Travelers Rest, SC.
      100 S End Cir, Travelers Rest, SC 29690
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property available for lease in Travelers Rest, SC.
    Where is this retail property located?
    The property is located at 6414 State Park Rd Travelers Rest, SC.
    What are key features of this property?
    This property features: - Retail property available for lease.; - Located in Travelers Rest, SC.; - Suitable for retail business operations.
    (404) 231-2232 Call to check price and availability
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    6414 State Park Rd Travelers Rest, SC 29690
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    Travelers Rest, SC 29690
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    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
    6414 State Park Rd Travelers Rest, SC 29690
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Scott Tiernan
    (404) 231-2232
    Learn more
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