Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Building on Clemson Blvd Title is generated by Realmo AI

    4022 Clemson Blvd, Anderson, SC 29621

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    5,336 SF retail building for lease, under renovation.

    Type:Retail
    Property size:
    5,336 SF
    Added:
    Mar 21, 2024
    Days on Market:
    784
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 4022 Clemson Blvd

    General Information

    Standard status
    Active
    Size
    5,336 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2024

    Spaces For Lease

    at 4022 Clemson Blvd Contact us

    Suite 1 & 2 $25 /Mo

    Size
    5,336 SF
    Type
    Retail
    Under Renovation - 5,336 square foot building right on Clemson Blvd! This can be...
    show more
    Contact us

    We can help!

    Listing Contact
    Richard Bennett

    Listing agent Richard Bennett License #SC 44024

    Listing office McCoy Wright Commercial Real Estate

    Listing date Mar 21, 2024

    Source Crexi

    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 McCoy Wright Commercial Real Estate

    HighLights

    • 5,336 square foot building on Clemson Blvd
    • Under Renovation
    • Can be leased as 1 or 2 tenant center
    • 2 Tenant Layout: Unit A- +/- 2,790 SF, Unit B- +/- 2,546 SF
    • Front and rear parking available
    • Year Built: 2024

    Overview

    This 5,336 square foot building, currently under renovation, is located on Clemson Blvd. It can be leased as a single-tenant or multi-tenant center. Available layouts include a single tenant layout with 5,336 square feet, or a two-tenant layout with Unit A offering approximately 2,790 square feet and Unit B offering approximately 2,546 square feet. Front and rear parking is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Moyer Albergotti Properties Real Estate Agency Nancy Lamar Real Estate Agency Jennifer Anderson Robinson ... Real Estate Agency Yvonne Schmidt Real Estate Agency Dina Eichin, eXp ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.688585
    Latitude
    34.5587906

    Nearby Similar for Lease

    • $7,500/Mo

      Adaptable Commercial Space in Anderson

      Prime commercial property in Anderson's historic district for diverse ventures.
      200 W Benson Street, Anderson, SC 29624
      View Details
    • $3,400/Mo

      Class A Office Space

      Professional office suite for rent in Anderson, SC.
      2315 N Main Street, Anderson, SC 29621
      View Details
    • Contact for pricing

      Flex Building with Office, Warehouse

      Flex building with office and warehouse space for lease.
      109 Old Denver Road, Anderson, SC 29625
      View Details
    • Contact for pricing

      Miracle Mile Commercial Building

      Approximately 4000 SF building for lease with high visibility.
      102 Miracle Mile Dr, Anderson, SC 29621
      View Details
    • Contact for pricing

      Downtown Anderson Flex Space Available

      Flex space for lease in downtown Anderson near redevelopments.
      114-118 Tribble St, Anderson, SC 29625
      View Details
    • Contact for pricing

      Renovated Office Building For Rent

      Renovated office building with versatile space for rent.
      1311 South Murray Avenue, Anderson, SC 29624
      View Details
    • Contact for pricing

      Office Space Near Downtown Anderson

      Office suite with three private offices, reception, and kitchenette.
      1214 North Main Street, Anderson, SC 29621
      View Details
    • $500/Mo

      Modern Office Space Available

      Updated office space with 9 offices, conference room, and breakroom.
      521 N Mcduffie St, Anderson, SC 29621
      View Details
    • Contact for pricing

      Retail Space in Whitehall Commons

      Retail or office space available in a high-traffic area.
      1486 Pearman Dairy Road, Anderson, SC 29625
      View Details
    • Contact for pricing

      Warehouse Building Near Anderson Airport

      4960 SF warehouse space available for lease near airport.
      3226 Highway 24, Anderson, SC 29626
      View Details
    • Contact for pricing

      Retail Spaces Available For Lease

      Retail spaces for lease at 505-511 Sayre Street.
      505-511 Sayre Street, Anderson, SC 29624
      View Details
    • Contact for pricing

      Subdividable Manufacturing and Distribution Space

      Approximately 386,000 sq ft available for lease near I-85.
      2415 Hwy 81, Anderson, SC 29621
      View Details

    FAQs

    What type of property is this?
    Retail space - 5,336 SF retail building for lease, under renovation.
    Where is this retail space located?
    The property is located at 4022 Clemson Blvd Anderson, SC.
    What are key features of this property?
    This property features: 5,336 square foot building on Clemson Blvd; Under Renovation; Can be leased as 1 or 2 tenant center
    (864) 225-1202 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Richard Bennett
    Real Estate License ID: SC 44024
    Learn More
    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
    4022 Clemson Blvd, Anderson, SC 29621
    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!