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

    4875 Calhoun Memorial Hwy Easley, SC 29642

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $5,261,543

    18.49 acres suitable for development with utilities on site.

    Lot size:
    18.49 Acres

    Property Features for 4875 Calhoun Memorial Hwy

    General Information

    Standard status
    Pending
    Lot size
    18.49 Acres

    We can help!

    Listing Contact
    Luke Martin
    Luke Martin
    Source: Exitrealty

    Listing Agency: CHARLES H. KNIGHT, LLC Listing Agent: Luke Martin

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

    Learn more

    Overview

    Prime Development Land in Easley

    This 18.49-acre commercial land is located in the heart of the City of Easley, though not within city limits, situated at 4875 Calhoun Memorial Highway, across from Walmart. The property is positioned at the dead end road between Quik Trip and Freddy's, benefiting from a traffic count exceeding 38,000 vehicles. The average income in Easley is almost $60,000 a year. The site includes sewer, water, and gas connections. Existing structures on the property include a 2290-square-foot home with over 5000 total square feet including the basement. An electronic gate secures the entrance, and fencing encloses part of the property, making it a suitable location for development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Easley
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.5431
    Latitude
    34.821335

    Nearby Similar for Sale

    • Contact for pricing

      Downtown Easley Retail Opportunity

      2,000 SF retail space in downtown Easley, SC.
      106 N Pendleton St, Easley, SC 29640
      View Details
    • $499,900

      Multi-Tenant Investment Opportunity

      6,250 SF multi-tenant investment opportunity in Easley, SC.
      1649 East Main St, Easley, SC 29640
      View Details
    • $846,720
      9,100 SF

      Dollar General Investment Opportunity

      NNN leased Dollar General with strong operating history.
      3711 Farrs Bridge Rd, Easley, SC 29640
      View Details
    • $1,400,000

      Easley Showroom/Office/Warehouse For Sale

      18,000 SF showroom/office/warehouse in Easley, SC. Owner/user opportunity.
      1017 Powdersville Rd, Easley, SC 29642
      View Details
    • Contact for pricing
      8,100 SF

      Warehouse/Showroom near Highway 153

      8,100 SF warehouse/showroom located off Highway 153 in Easley, SC.
      600 Ross Ave, Easley, SC 29640
      View Details
    • $2,550,000

      Commercial Investment Opportunity in Easley

      Value-add investment property with revenue potential in Easley, SC.
      817 East Main St, Easley, SC 29640
      View Details
    • Contact for pricing
      14,550 SF

      Easley Walgreens NNN Investment Opportunity

      NNN leased Walgreens with long term investment security potential.
      5294 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • $689,900
      0.70 Acres

      Historic Easley Commercial Gem

      Prime Downtown Location, 8,000 sq ft
      439 Main St, Easley, SC 29640
      View Details
    • $1,250,000
      1.52 Acres

      Easley Industrial Warehouse - 6800 SF

      Prime Easley location, 6800 sq ft warehouse, 1.52 acres.
      416 Rolling Hills Cir, Easley, SC 29640
      View Details
    • Contact for pricing
      1,557 SF

      Retail Space For Sale

      Retail space with long-term lease and experienced operator.
      6398 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • $150,000
      0.92 Acres

      Easley Commercial Land - Huge Potential

      Prime Easley location, nearly an acre, high visibility.
      13-16 A St, Easley, SC 29640
      View Details
    • $6,296,296
      60,000 SF

      Easley Warehouse For Sale

      60,000 SF warehouse in Easley, SC available for sale.
      118 Odom Rd, Easley, SC 29642
      View Details

    FAQs

    What type of property is this?
    Commercial land - 18.49 acres suitable for development with utilities on site.
    Where is this commercial land located?
    The property is located at 4875 Calhoun Memorial Hwy Easley, SC.
    What is the asking price?
    The asking price for this property is $5,261,543.
    What are key features of this property?
    This property features: - 18.49 acres suitable for development with high traffic count (over 38,000 vehicles).; - Located in the heart of Easley, across from Walmart, with high average income in Easley of almost $60,000 a year.; - Sewer, water, and gas are available on site.
    (864) 847-9384
    Request Owner's contact information
    4875 Calhoun Memorial Hwy Easley, SC 29642
    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.
    4875 Calhoun Memorial Hwy
    Easley, SC 29642
    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
    4875 Calhoun Memorial Hwy Easley, SC 29642
    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
    Luke Martin
    Luke Martin
    Real Estate License ID: 102558
    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!