1008 Montague Ave Greenwood, SC 29649-1450
Property profile & analytics
1008 Montague Ave Greenwood, SC 29649-1450
- Drive through restaurants
- 3,051 SF
- 0.68 lot acres
Property ID
US77-1629272
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- North American Title Loans / Loan Service
Property Details for 1008 Montague Ave
- Year built
- 1999
- Lot size
- 0.68 lot acres
- Property size
- 3,051 SF
- Property type
- Drive through restaurants
- APN
- 6846-433-698
- APU
- 6846433698
Description
This exceptional investment opportunity presents a fee-simple ownership of a 3,051 square foot convenience store/QSR/Storefront located at 1008 Montague Ave, Greenwood, SC 29649, on a 0.68-acre lot. The property is currently 100% occupied under a 20-year triple-net (NNN) lease with a corporate guarantor, offering significant passive income potential. The lease features a 6.75% cap rate based on a current Net Operating Income (NOI) of $57,799, with built-in 3% annual rent increases. This translates to a projected 7.60% cap rate after five years. The tenant, a national company with over 425 locations across 20 states, is responsible for all operating expenses, including property taxes, insurance, and maintenance, eliminating landlord responsibilities beyond collecting rent. This presents a rare opportunity to acquire a long-term, stable, and high-return investment with minimal management requirements. The asking price is $856,296. This is a truly passive income investment with a strong tenant and a proven track record. The property's location in Greenwood, South Carolina, offers excellent visibility and accessibility. The long-term lease and built-in rent increases provide predictable cash flow and significant appreciation potential. This is an ideal investment for those seeking a low-maintenance, high-yield asset with substantial long-term growth prospects.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Greenwood
- County
- Greenwood
- State
- South Carolina
- Longitude
- -82.1765
- Latitude
- 34.2107
- CBSA code
- 24940
- CBSA name
- GREENWOOD, SC MICROPOLITAN 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
$10,662
$0.00
$0.00
$23,490
-
$297,200
$94,300
$391,500
