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    501 Harper St Laurens, SC 29360

    Sponsored
    For Sale
    $1,400,000
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 501 Harper St

    General Information

    Property type
    Individual retail properties
    Lot Size
    59,677 SF

    Building Details

    Year Built
    1999

    HighLights

    • Value‑Add Opportunity: NNN‑leased Dark Walgreens, $223,426 annual rent, lease expiring 9/7/28. Sale possible with or without Walgreens lease.
    • Walgreens buyout offer covers remaining lease rent.
    • Potential for continued income until re‑tenanting if purchased with Walgreens lease in place.
    • Ideal for developer representing tenant or owner/user.
    • Drive‑thru available.
    • High‑visibility hard‑corner location at signalized intersection of Hillcrest Drive and Harper Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bennett Chiropractic Clinic, ... Chiropractor Walgreens Pharmacy Pharmacy Walgreens Cosmetics Store Western Union Money Transfer Service Michael T. Addington, ... Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurens
    County
    Laurens
    State
    South Carolina
    Longitude
    -82.009493760282
    Latitude
    34.505460572702

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    FAQs

    Where is this individual retail property located?
    The property is located at 501 Harper St Laurens, SC.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Value-Add Opportunity: NNN-leased Dark Walgreens, $223,426 annual rent, lease expiring 9/7/28. Sale possible with or without Walgreens lease.; Walgreens buyout offer covers remaining lease rent.; Potential for continued income until re-tenanting if purchased with Walgreens lease in place.
    Request Owner's contact information
    501 Harper St Laurens, SC 29360
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    Laurens, SC 29360
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    Realmo Value Estimation

    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.

    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.

    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
    501 Harper St Laurens, SC 29360
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