Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9 Doubletree Dr Anderson, SC 29625
    Back to Search
    Property profile & analytics

    9 Doubletree Dr, Anderson, SC 29625

    View on Map
    • Commercial real estate
    • 9.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 9 Doubletree Dr

    Lot size
    9.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 9-acre commercial parcel, located at 9 Doubletree Drive in Anderson, South Carolina, presents a unique investment opportunity. Priced at $315,000 ($22,500 per acre), this property is ideally suited for a variety of development projects. Its versatile zoning allows for exploration of several uses, including apartments, single-family homes, commercial ventures, or industrial facilities. The site's location offers significant potential for recreational development as well. While sewer lines are present in the vicinity, the feasibility of gravity sewer connection needs further investigation. This prime location offers significant upside for developers seeking a substantial land holding in a growing area. The property's size and zoning flexibility make it an attractive prospect for both large-scale and smaller-scale projects. Prospective buyers are encouraged to conduct their own due diligence regarding sewer access and specific zoning regulations. This is a rare opportunity to acquire a significant land parcel in a desirable location with considerable development potential. The asking price reflects the land's value and the potential for future growth. Serious inquiries are welcome. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a valuable asset in a thriving South Carolina market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.7004
    Latitude
    34.5476

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Pearman Dairy Rd

      Land
      0 Pearman Dairy Rd, Anderson, SC 29625
      View Details
    • Value Estimation by Request
      1.06 Acres

      00 Highway 28 Byp

      Land
      00 Highway 28 Byp, Anderson, SC 29625
      View Details
    • Value Estimation by Request
      0.61 Acres

      104 Metro Dr

      COMMERCIAL (GENERAL)
      104 Metro Dr, Anderson, SC 29625
      View Details
    • Value Estimation by Request
      31.30 Acres

      Hwy 28

      COMMERCIAL (GENERAL)
      Hwy 28, Anderson, SC 29625
      View Details
    • Value Estimation by Request
      0.32 Acres

      915 Jackson St

      COMMERCIAL (GENERAL)
      915 Jackson St, Anderson, SC 29625-2756
      View Details
    • Value Estimation by Request
      3,170 SF

      103 Smith Dr

      COMMERCIAL (GENERAL)
      103 Smith Dr, Anderson, SC 29625-3812
      View Details

    Similar Nearby for Sale

    • $525,000
      1.84 Acres

      High-Visibility Anderson Mini Storage

      Profitable Mini Storage, High Traffic Area
      5298 Highway 76, Anderson, SC 29625
      View Details
    • $599,000
      2.57 Acres

      High-Visibility Anderson Commercial Land

      Prime 2.57-acre corner lot, ideal for development.
      3101 Martin Luther King Jr Blvd Blvd, Anderson, SC 29625
      View Details
    • $169,000
      2.28 Acres

      Land in Anderson School District

      Homesites in Anderson School District 4, near Pendleton and Clemson.
      02 Gibson Rd, Anderson, SC 29625
      View Details
    • $169,000
      2.28 Acres

      Anderson Homesites in School District 4

      Homesites surrounded by mature hardwoods and gentle topography.
      03 Gibson Rd, Anderson, SC 29625
      View Details
    • $649,000
      9.80 Acres

      Commercial Land on Clemson Blvd

      9.8 acre commercial land with high visibility and traffic.
      Pearman Dairy Rd, Anderson, SC 29625
      View Details
    • $7,060,000
      40,000 SF

      Walmart Shadow Center For Sale

      40,000 SF shopping center in Greenville, SC MSA.
      629 Highway 28 Byp, Anderson, SC 29625
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo

      Commercial Space Near Pendleton High

      Commercial space available for lease near Pendleton High.
      411 Bickford Cir, Anderson, SC 29625
      View Details
    • Contact for pricing

      Corner Retail Site For Lease

      High-visibility corner retail site available for lease or redevelopment.
      1499 Pearman Dairy Rd, Anderson, SC 29625
      View Details
    • $8 SF/Yr

      New Warehouse Space in Anderson

      New warehouse space for lease near I-85, Exit 19.
      00 Vanguard Rd, Anderson, SC 29625
      View Details
    • $13 SF/Yr

      Retail Space in Whitehall Commons

      Retail or office space available in a high-traffic area.
      1486 Pearman Dairy Rd, Anderson, SC 29625
      View Details
    • Contact for pricing
      3,000 SF

      Professional Office Space Available

      Well-maintained office park near US 178/N. Main St.
      341 E Beltline Blvd, Anderson, SC 29625
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available with 4,550 square feet in Anderson.
      131 Straight Dr, Anderson, SC 29625
      View Details
    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.
    9 Doubletree Dr
    Anderson, SC 29625
    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
    9 Doubletree Dr, Anderson, SC, 29625
    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!