Add Listing
    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

    699 Fairview Rd Simpsonville, SC 29680

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Land lease in high-growth Greenville suburb with strong retail.

    Lot size:
    0.23 Acres

    Property Features for 699 Fairview Rd

    General Information

    Lot size
    0.23 Acres

    We can help!

    Listing Contact
    Dustin Tenney
    Source: Moodyscre

    Listing Agency: SVN Palmetto Listing Agent: Dustin Tenney

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

    Learn more

    Overview

    Prime Retail Corridor Land Lease

    This land lease opportunity is situated in a prime retail corridor within a high demographic suburb of Greenville, South Carolina, an area experiencing rapid housing market growth. The location is surrounded by established retail businesses in a compact commercial corridor with limited available opportunities. Fairview Road sees approximately 30,000 vehicles per day and provides convenient access in both directions to Interstate 385, which records approximately 62,700 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Chef 21 Sushi ... Restaurant Food Lion Grocery & Convenience Store Caesar's Liquor's (Bike/Boat/Book/etc) Store First American Cash ... Loan Service Coinstar Kiosk | Bitcoin ... Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Simpsonville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.255867
    Latitude
    34.706337

    Nearby Similar for Lease

    • Contact for pricing

      Simpsonville Retail Space For Lease

      Up to 7,500 SF retail space available for lease.
      721 SE Main St, Simpsonville, SC 29680
      View Details
    • Contact for pricing

      Retail Spaces in Simpsonville Center

      Retail spaces for lease in ALDI-anchored shopping center.
      655 Fairview Rd, Simpsonville, SC 29680
      View Details
    • Contact for pricing
      146,367 SF

      Simpsonville Warehouse Space Available

      146,367 sqft warehouse/industrial space for lease in Simpsonville, SC.
      East Standing Springs Rd, Simpsonville, SC 29680
      View Details
    • $13 SF/Yr

      Simpsonville Flex Space Available

      Flex space available just outside of downtown Simpsonville, South Carolina.
      1002 Old Stage Rd, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      2,875 SF

      Simpsonville Office Suite for Rent

      Office suite with ample parking and convenient highway access.
      419 Main St, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      900 SF

      Publix-Anchored Shopping Center Space

      Retail space in a high-growth, affluent Simpsonville area.
      2700 Woodruff Rd, Simpsonville, SC 29681
      View Details
    • Contact for pricing

      Simpsonville Industrial Buildings For Lease

      Multiple industrial buildings for lease on approximately 8.5 usable acres.
      122 Pride Dr, Simpsonville, SC 29681
      View Details
    • $18 SF/Yr
      1,000 SF

      Retail Space on Main Street

      Retail space in well-maintained center, prime Simpsonville location.
      1016-1032 NE Main St, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      10,824 SF

      Simpsonville Retail Strip Center

      High-traffic retail space available in SC
      654 Fairview Rd, Simpsonville, SC 29680
      View Details
    • Contact for pricing
      7,900 SF

      Retail Space in Growing Area

      Retail property in Simpsonville, part of the Greenville-Mauldin-Easley MSA.
      914 W Georgia Rd, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      126,261 SF

      Simpsonville Warehouse Space Available

      Large industrial warehouse space for lease in Simpsonville, SC.
      1224 Old Stage Rd, Simpsonville, SC 29681
      View Details

    FAQs

    What type of property is this?
    Land - Land lease in high-growth Greenville suburb with strong retail.
    Where is this land located?
    The property is located at 699 Fairview Rd Simpsonville, SC.
    What are key features of this property?
    This property features: - Prime retail corridor location with low ground lease rate.; - High-growth demographic area in a desirable Greenville, SC suburb.; - Strong retail surroundings in a commercially limited area.
    (864) 757-4761 Call to check price and availability
    Request Owner's contact information
    699 Fairview Rd Simpsonville, SC 29680
    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.
    699 Fairview Rd
    Simpsonville, SC 29680
    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
    699 Fairview Rd Simpsonville, SC 29680
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dustin Tenney
    (864) 757-4761 (864) 263-7045
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!