Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    00 Bridges Rd Greenville, SC 29681
    Back to Search
    Property profile & analytics

    00 Bridges Rd, Greenville, SC 29681

    View on Map
    • Land
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 00 Bridges Rd

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This one-acre commercial land parcel in Greenville County, SC, is ideally situated in Simpsonville's thriving "Golden Strip," less than half a mile from the Bridgeway Station development. The property boasts two potential access points and benefits from its proximity to I-385 and established neighborhood commercial areas. Zoned NC, it's suitable for various uses, including medical offices, daycare centers, retail shops, or professional offices, with the potential for a small strip mall or gas station. Building plans should face inward, with parking located internally, backing onto Bridges Rd. The property is conveniently located near Ricelan Springs and Bridges Crossing, and an additional one-acre lot may be available. A planned pedestrian bridge will connect Bridgeway Station to the Swamp Rabbit Trail, enhancing the area's walkability and appeal. While the property is easily accessible, potential buyers should note that the ground may be soft near the access point. The APN is 0546010102211, and the asking price is $495,000. The address is 00 Bridges Rd, Simpsonville, SC 29681. Further information regarding adjacent properties and zoning variances is available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.2766
    Latitude
    34.7902

    Comparable in this City

    • Value Estimation by Request
      37.00 Acres

      3695 Woodruff Rd

      Land
      3695 Woodruff Rd, Simpsonville, SC 29681
      View Details
    • Value Estimation by Request
      1.34 Acres

      2507 Woodruff Rd

      Land
      2507 Woodruff Rd, Simpsonville, SC 29681
      View Details
    • Value Estimation by Request
      3.00 Acres

      2304 Woodruff Rd

      Land
      2304 Woodruff Rd, Simpsonville, SC 29681
      View Details
    • Value Estimation by Request
      9.97 Acres

      130 Allawood Ct

      Land
      130 Allawood Ct, Simpsonville, SC 29681
      View Details
    • Value Estimation by Request
      1.34 Acres

      2507 Woodruff Rd

      Land
      2507 Woodruff Rd, Simpsonville, SC 29681
      View Details
    • Value Estimation by Request
      28.78 Acres

      J Verne Smith Pkwy

      Land
      0 J Verne Smith Pkwy, Simpsonville, SC 29681
      View Details

    Similar Nearby for Sale

    • $699,000
      2.96 Acres

      Simpsonville Land Development Opportunity

      2.96 acres in booming Simpsonville, SC, near Main Street.
      301 West Cir, Simpsonville, SC 29681
      View Details
    • Contact for pricing

      Land For Sale Simpsonville

      Land available for sale in Simpsonville, South Carolina.
      2819 Woodruff Rd, Simpsonville, SC 29681
      View Details
    • $725,000
      12.78 Acres

      Simpsonville Land Opportunity

      12.78 acres of land in the Five Forks area.
      Hwy 146, Simpsonville, SC 29681
      View Details
    • Contact for pricing

      Land For Sale Simpsonville

      Approximately 22.63 acre land opportunity in Simpsonville, SC.
      2835 Kemet Way, Simpsonville, SC 29681
      View Details
    • $75,000
      Pending

      Simpsonville Homesite Ready for Build

      Mostly cleared 0.59-acre homesite in the heart of Simpsonville.
      515c Goldsmith Rd, Simpsonville, SC 29681
      View Details
    • $285,000
      3.00 Acres

      Simpsonville Land: Build Your Dream

      3-acre lot near downtown Simpsonville, build your dream home.
      175 Duffie Rd, Simpsonville, SC 29681
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Simpsonville Commercial Land For Lease

      0.75 AC parcel on NE Main Street available for ground lease.
      637 NE Main St, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      19,253 SF

      Industrial Property with Storage Shed

      Industrial property featuring drive-in bays, dock doors, and storage shed.
      122 Pride Dr, Simpsonville, SC 29681
      View Details
    • Contact for pricing

      Corner Lot on Hwy 417

      Corner lot with high visibility and traffic count available for rent.
      1655 Northeast Main St, Simpsonville, SC 29681
      View Details
    • Contact for pricing

      Industrial Single Tenant Space

      Industrial single tenant property available for rent.
      1029 Old Stage Rd, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      12,463 SF

      Simpsonville Office Space Available

      Office space available for lease in Simpsonville, SC.
      100 Allawood Ct, Simpsonville, SC 29681
      View Details
    • Contact for pricing
      5,904 SF

      Simpsonville Office Space For Rent

      5,904 SF office space available for lease.
      220 Scuffletown Rd, Simpsonville, SC 29681
      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.
    00 Bridges Rd
    Greenville, SC 29681
    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 Bridges Rd, Greenville, SC, 29681
    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!