Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5156 Calhoun Memorial Hwy Easley, SC 29640
    Back to Search
    Property profile & analytics

    5156 Calhoun Memorial Hwy, Easley, SC 29640

    View on Map
    • Retail properties & Spaces
    • 4,800 SF
    • 1.40 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hart Mind Body Soul / Gym & Fitness Center
    • Tobacco vape zone / (Bike/Boat/Book/etc) Store
    • Beauty By Us / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Sockwave VRh / Theater & Performing Art Venue / Music Venue
    • Star 56 Tobacco and Vape / (Bike/Boat/Book/etc) Store

    Property Details for 5156 Calhoun Memorial Hwy

    Lot size
    1.40 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional Class A retail property, located at 5156 Calhoun Memorial Hwy in Easley, South Carolina, offers 2,400 square feet of immediately available space within a four-unit building. The entire building totals 4,800 square feet, with units divisible down to 1,200 square feet and a maximum contiguous space of 2,400 square feet. Situated on a 1.4-acre lot, the property boasts ample parking with 80 spaces. The building underwent renovations in 2022. Its prime location benefits from high visibility on Calhoun Memorial Highway, experiencing over 39,000 vehicles per day. Less than a quarter-mile from a Walmart Supercenter and surrounded by numerous national retailers, this property enjoys exceptional accessibility and strong consumer traffic. The property is zoned General Commercial and is conveniently located near the intersection of Highways 93 and 123, offering easy access for customers and employees. Furthermore, its proximity to Clemson University (approximately 30 minutes away) adds to its appeal. This is a rare opportunity to secure a well-maintained, high-traffic retail space in a thriving commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Easley
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.5583
    Latitude
    34.8258

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      Franchise Restaurant For Sale- Priced To Sell!

      Restaurants
      0 Franchise Restaurant For Sale- Priced To Sell!, Easley, SC 29640
      View Details
    • Value Estimation
      $7,380,000
      64,354 SF

      185 Rolling Hls Cir

      DEPARTMENT STORE
      185 Rolling Hls Cir, Easley, SC 29640-7109
      View Details
    • Value Estimation by Request

      5115-5119 Calhoun Memorial Hwy

      Neighborhood centers
      5115-5119 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • Value Estimation by Request

      225 Rolling Hills Cir

      Restaurants
      225 Rolling Hills Cir, Easley, SC 29640
      View Details
    • Value Estimation by Request
      11.22 Acres

      Calhoun Memorial Hwy

      Individual retail properties
      0 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • Value Estimation by Request
      3,200 SF

      Established Franchise For Sale! Over $1 Million In Sales!

      Restaurants
      0 Established Franchise For Sale! Over $1 Million In Sales!, Easley, SC 29640
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,500 SF

      Auto Service Property For Sale

      In-use auto service property equidistant from Greenville and Easley.
      3670 Calhoun Memorial Hwy, Greenville, SC 29640
      View Details
    • New
      $239,900
      0.49 Acres

      Easley Commercial Property on Highway

      High-visibility commercial lot near downtown Easley with office building.
      609 E Main St, Easley, SC 29640
      View Details
    • Contact for pricing
      8,100 SF

      Warehouse/Showroom near Highway 153

      8,100 SF warehouse/showroom located off Highway 153 in Easley, SC.
      600 Ross Ave, Easley, SC 29640
      View Details
    • $239,900
      0.49 Acres

      Easley Commercial Opportunity on Highway

      High-visibility commercial lot near downtown Easley with office building.
      609 E Main St, Easley, SC 29640
      View Details
    • Contact for pricing
      1,557 SF

      Retail Space For Sale

      Retail space with long-term lease and experienced operator.
      6398 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • $450,000

      Easley Automotive Garage Near Highway

      Automotive garage with seven bays, suitable for mechanics.
      301 Washington Ave, Easley, SC 29640
      View Details

    Similar Nearby for Lease

    • $2,800 /Mo

      Downtown Easley Retail Space

      Retail space in the heart of downtown Easley, South Carolina.
      106 N Pendleton St, Easley, SC 29640
      View Details
    • Contact for pricing
      1,000 SF

      Remodeled Retail Building on Acreage

      Remodeled 1,000 SF retail building on 0.45 acres.
      5536 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • Contact for pricing

      Downtown Easley Retail Space Available

      Retail suites available in Downtown Easley with courtyard access.
      112 S Pendleton St, Easley, SC 29640
      View Details
    • Contact for pricing

      Retail Space in Easley Village

      Retail space available in a busy shopping center.
      5155 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • Contact for pricing

      Easley Town Center Retail Space

      Retail space available in a 645,000 SF power center.
      185 Rolling Hills Cir, Easley, SC 29640
      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.
    5156 Calhoun Memorial Hwy
    Easley, SC 29640
    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
    5156 Calhoun Memorial Hwy, Easley, SC, 29640
    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!