310 Rutherford StGreenville, SC 29609

  • Office properties
  • 0.33 AC
For Sale
$800,000 View listing

Property Details for 310 Rutherford St

Lot size
0.33 AC
Zone code
C3
Property type
Office properties
Property subtype
Office buildings
APN
0008.00-03-017.00
APU
8000301700

Description

This exceptional Greenville, SC commercial property presents a unique redevelopment opportunity. Located at 310 Rutherford St, this 3,200 square foot mixed-use building offers a versatile space ideal for retail and/or office use. Built in 1971, the single-story, Class B building sits on a 0.326-acre lot and is zoned MX-2. The property features two units, providing flexibility for various business models. The asking price is $800,000, translating to $250 per square foot. Its prime location in Greenville ensures high visibility and foot traffic, making it an attractive investment for entrepreneurs seeking a thriving commercial hub. The open layout allows for customization to suit diverse needs, from boutique retail to a modern office space or a combination of both. Ample storefront windows provide excellent natural light and showcase retail merchandise effectively. The property's strategic location within Greenville's vibrant community offers access to a rich cultural scene and a growing business network. This is a chance to establish a presence in a sought-after area and capitalize on the city's dynamic atmosphere. The property's net rentable area is 3,200 square feet. This is a shell space ready for your design and vision.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,701,203
    6.5%
    $2,493,418
    7%
    $2,315,317
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,169,168
    Geo Method
    $1,169,168
  • Alternative Use

    Use
    Valuation
    Residential
    $3,091,839
    Hospitality
    $2,832,108
    Educational
    $2,356,280
    Medical
    $2,437,316
    Retail
    $3,665,325
310 Rutherford St, Greenville, South Carolina
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Location Insight

City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8632
Longitude
-82.4041
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,566
$1,710
$4,100
$5,810
-
$28,530
$68,300
$96,830

FAQs

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