Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Fire Damaged Duplex Opportunity Title is generated by Realmo AI

    3311 Berry Lane, Anderson, SC 29624

    View on Map
    Claim this Listing
    Pending
    $69,900

    MULTI_FAMILY - Anderson, SC

    Lot size:
    0.22 Acres
    Added:
    May 18, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 1 at 5:06 am

    Property Features for 3311 Berry Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4
    Parking features
    Driveway
    Standard status
    Pending
    APN
    125-18-03-008-000
    Lot size
    0.22 Acres

    Utilities

    Heating system
    None (Heating)
    Cooling system
    None (Cooling)
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    2
    Roof type
    Composition

    We can help!

    Listing Contact
    James Miles

    Listing agent James Miles

    Listing office Bluefield Realty Group Greenville, SC

    Listing date May 18, 2026

    MLS# 1590563 Listing URL

    Copyright © 2026 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Great investment opportunity for contractors, flippers, and investors.
    • Duplex property with potential for profit after restoration.
    • Two units, each with 2 bedrooms and 1 bathroom (2/1 each side).
    • Driveway parking available.
    • Opportunity to restore and customize the property.
    • Located at coordinates -82.651306, 34.464703.

    Overview

    This fire-damaged duplex in Anderson, SC, presents a restoration opportunity for contractors, flippers, and investors. Situated on a 0.22-acre lot, the property features two units, each with a 2-bedroom, 1-bathroom layout. Unit A sustained more significant fire damage, while Unit B has smoke damage. Prospective buyers are responsible for assessing all restoration costs. The property is located in Anderson, South Carolina, with the postal code 29624.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.6512642
    Latitude
    34.4646956

    Nearby Similar for Sale

    • $429,000

      Commercial Property Near Downtown Anderson

      Well-maintained flex building with office and warehouse space.
      3499 East River Street, Anderson, SC 29621
      View Details
    • $499,900

      Downtown Anderson Multi-Use Commercial Property

      Turnkey facility with convenience store, restaurant, bar, and event center.
      202-208 W Franklin Street, Anderson, SC 29624
      View Details
    • $825,000
      5,000 SF

      Highway Commercial Property Near Development

      1.14-acre parcel with 5,000 sq ft industrial building.
      4341 S Carolina 24, Anderson, SC 29626
      View Details
    • $3,900,000

      Retail Building on Miracle Mile

      Prime retail building with excellent visibility and accessibility in Anderson.
      110 Miracle Mile Drive, Anderson, SC 29621
      View Details
    • $2,200,000

      Commercial Plaza on North Main

      Prime commercial plaza with 12 shop and office spaces.
      2406, 2408, 2410 N Main Street, Anderson, SC 29621
      View Details
    • $435,000
      3,000 SF

      Anderson Commercial Property with Garage

      Commercial property with a home and a fully functional garage.
      609 Fair Street, Anderson, SC 29625
      View Details
    • $425,000

      Versatile Warehouse & Flex Space

      Warehouse facility ideal for owner-occupants or investors.
      109 Waybrook Drive, Anderson, SC 29624
      View Details
    • $499,000

      Prime Anderson Business Location

      Excellent visibility, move-in ready office space with parking.
      2006 N Main Street, Anderson, SC 29621
      View Details
    • $499,000

      Prime Office Space, Anderson SC

      Move-in ready office building with high visibility and ample parking.
      2006 N Main Street, Anderson, SC 29621
      View Details
    • $295,000
      2,160 SF

      Rebuilt Duplex Ideal for Investors

      Newly rebuilt duplex perfect for investors or owner-occupiers.
      908 Linley Street, Anderson, SC 29625
      View Details
    • $925,000
      4,300 SF

      Versatile Property Near AnMed Hospital

      Versatile 4,300 SF property suitable for office or retail.
      1502 E Greenville St, Anderson, SC 29621
      View Details
    • $421,950

      High-Performing Anderson Quadplex For Sale

      Income-producing quadplex with recent upgrades and value-add potential.
      112 Tabitha Court, Anderson, SC 29625
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex requiring restoration, ideal for contractors, flippers, and investors.
    Where is this duplex located?
    The property is located at 3311 Berry Lane Anderson, SC.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: Great investment opportunity for contractors, flippers, and investors.; Duplex property with potential for profit after restoration.; Two units, each with **2 bedrooms and 1 bathroom (2/1 each side)**.
    (864) 636-1842
    We can help!
    Listing Contact
    James Miles
    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

    Thank You for Inquiry
    3311 Berry Lane, Anderson, SC 29624
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!