Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Clemson Grove Development Land Title is generated by Realmo AI

    00 Hwy 76, Pendleton, SC 29670

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    1.007 acre commercial lot in Clemson Grove Development.

    Type:Land
    Lot size:
    1.01 Acres
    Added:
    Jul 24, 2024
    Days on Market:
    680
    Last Refresh:
    May 12 at 10:58 pm

    Property Features for 00 Hwy 76

    General Information

    Standard status
    Active
    Lot size
    1.01 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Richard Bennett

    Listing agent Richard Bennett License #SC 44024

    Listing office McCoy Wright Commercial Real Estate

    Listing date Jul 24, 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

    • Last remaining lot in Clemson Grove Development.
    • 1.007 acre lot.
    • Located next to Shoppes at Pendleton Park Strip Center.
    • Adjacent to Verizon and Great Clips.
    • Perfect location for a drive‑thru QSR.
    • Available for immediate development.

    Overview

    This 1.007-acre lot, identified as Lot 5, is the last remaining parcel in the Clemson Grove Development. It is located adjacent to the newly constructed Shoppes at Pendleton Park Strip Center, which includes Verizon and Great Clips. The property is presented as a suitable location for a drive-thru Quick Service Restaurant (QSR).
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Gym & Fitness Center Department Store Hotel & Motel Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Pendleton
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.713393
    Latitude
    34.577464

    Nearby Similar for Sale

    • $925,000
      8,700 SF

      Adaptable Commercial Property on Highway

      Warehouse and office buildings with high traffic frontage on Highway.
      6114 HWY 76, Pendleton, SC 29670
      View Details
    • $150,000

      RV Lots Near Clemson University

      Two adjacent RV lots in gated community near Clemson University.
      150 Dalton Drive, Pendleton, SC 29670
      View Details
    • $949,900

      Expansive Land in Pendleton, SC

      27-acre property perfect for building, farming, or recreation.
      Jolly Wingo Road, Pendleton, SC 29670
      View Details
    • $1,190,000

      Prime Pendleton Commercial Land Opportunity

      1.85-acre commercial land with high visibility and development potential.
      7202-7210 Highway 76, Pendleton, SC 29670
      View Details
    • $179,000

      Land in Pendleton School District

      5.09 acre lot in desirable Pendleton, SC. No HOA.
      Pickens Drive lot: 11, Pendleton, SC 29670
      View Details
    • $429,900

      Office Space with Garage Bays

      Two-room office with three-bay garage near Highway 76.
      103 Welpine Road, Pendleton, SC 29670
      View Details
    • $874,999

      Commercial Property Near Clemson Boulevard

      Commercial property for sale near Clemson Boulevard, Anderson, SC.
      99 Welpine Rd, Pendleton, SC 29670
      View Details
    • $139,900

      Wooded Land in Merchant's Gate

      Prime land for building in a desirable Pendleton neighborhood.
      100 Old Compton Street, Pendleton, SC 29670
      View Details
    • $395,000

      Pendleton Homesite Near Clemson

      6.5 acre homesite near Anderson, Clemson, and Greenville.
      00 Liberty Highway, Pendleton, SC 29670
      View Details
    • $975,000

      Industrial Land Near Michelin

      5.18-acre industrial parcel across from Michelin on Hwy 76.
      6223 Hwy 28 S, Pendleton, SC 29670
      View Details
    • $199,000

      Commercial Lot in Downtown Pendleton

      Commercial lot in downtown Pendleton, SC, near Clemson.
      237 East Main Street, Pendleton, SC 29670
      View Details
    • $39,000

      Buildable Lots Near Downtown Pendleton

      Buildable lots near downtown Pendleton, Clemson, and Lakes Hartwell/Keowee.
      Spake Road lot: C, Pendleton, SC 29670
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.007 acre commercial lot in Clemson Grove Development.
    Where is this commercial land located?
    The property is located at 00 Hwy 76 Pendleton, SC.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Last remaining lot in Clemson Grove Development.; 1.007 acre lot.; Located next to Shoppes at Pendleton Park Strip Center.
    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
    00 Hwy 76, Pendleton, SC 29670
    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!