Gas Station Retail
For Sale
Contact for pricing
Pending
1500 E Greenville St, Anderson, SC 29621
Zoned GC - General Commercial with two access points from E. Greenville Street and Windsor Place.
Property Size843 SF
Days on Market876
Property Features for 1500 E Greenville St
General Information
Standard status
Pending
Size
843 SF
Property subtype
RETAIL
Zoning
GC
Additional Details
Traffic Count
24,800 vehicles/day
Listing Agency:
NAI | Charleston
(843) 720-4944
Listed By:
Michael S Branch · License #115544
(843) 224-3768
Source:
Moodyscre
Added: Jun 7, 2024
Changed: Oct 26
Last Checked: Oct 28 at 12:27PM
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 NAI | Charleston
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is listed for sale as a gas station and retail-focused commercial site, with approximately 843 square feet of space on the premises.
The site is approximately two miles from downtown Anderson and offers two access points via E. Greenville Street and via Windsor Place. Traffic is listed at approximately 24,800 VPD. The property is zoned GC - General Commercial for the City of Anderson.
With frontage and multiple ingress/egress options from major local access points, the configuration is suited for commercial uses contemplated under the existing zoning.
The site is approximately two miles from downtown Anderson and offers two access points via E. Greenville Street and via Windsor Place. Traffic is listed at approximately 24,800 VPD. The property is zoned GC - General Commercial for the City of Anderson.
With frontage and multiple ingress/egress options from major local access points, the configuration is suited for commercial uses contemplated under the existing zoning.
Key Highlights
- Zoned GC – General Commercial (City of Anderson)
- Two access points via E. Greenville Street and via Windsor Place
- Approximately 2 miles from downtown Anderson
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,995
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,900
$759.9K
Cap Rate 7%
$542,786
$542.8K
Cap Rate 9%
$422,167
$422.2K
Market Conditions
NOI Build-Up for 843 SF
Gross rent
$57.3K $67.92/SF
− Vacancy
−$3.0K −$3.53/SF
EGI
$54.3K $64.39/SF
− OpEx
−$16.3K −$19.32/SF
NOI
$38.0K $45.07/SF
Area
Anderson County, SC
Vacancy
5.20%
Lease Rate
$67.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,900
Cap Rate 7%
$542,786
Cap Rate 9%
$422,167
Alternative Uses
Best Use
Industrial
$542.8K
$474.9K – $633.3K
NOI $37,995 @ 7.0% cap · market cap 6.33%
Second Best
Retail
$243.8K
$213.3K – $284.4K
NOI $17,066 @ 7.0% cap · market cap 2.84%
Theoretical Best
Multifamily LT 5
$9.13M
$7.99M – $10.65M
NOI $638,912 @ 7.0% cap · market cap 106.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
24,800 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
Business Placement
Demographics for 29621, SC
44,601
Population
18,960
Households
2.4
Avg Household Size
41
Median Age
39%
College-Educated
94%
High-School Grad
87.1 sq mi
ZIP Area
512
Density / Sq Mi
$71,446
Median Household Income
$41,773
Median Earnings
$1,023
Median Rent
$252,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - Zoned GC - General Commercial with two access points from E. Greenville Street and Windsor Place.
Where is this gas station located?
The property is located at 1500 E Greenville St Anderson, SC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Zoned GC – General Commercial (City of Anderson); Two access points via E. Greenville Street and via Windsor Place; Approximately 2 miles from downtown Anderson
