Entity Owned Property summary
AI-generated overview
This exceptional single-tenant industrial flex property, located at 1046 Watkins Rd in Anderson, South Carolina, offers 18,850 square feet of versatile space. Built in 2000, the property comprises two metal frame buildings situated on a generous 5.43-acre lot. Its convenient location just off I-85 at Exit 19 provides excellent access to major transportation routes. The property features ample parking for both cars and trucks, enhanced by a fully fenced and secured perimeter, ensuring security and peace of mind. The combination of size, location, and security makes this a rare and highly desirable property in the Anderson area. Its flexible design caters to a variety of industrial and commercial uses, presenting a unique opportunity for businesses seeking a well-maintained and strategically positioned facility. The property's substantial lot size also allows for potential future expansion or development. This is an ideal opportunity for a business seeking a functional and secure space in a prime Anderson location. The property's 29625 zip code further underscores its accessibility and desirability.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
8,765 SF
Lot
5.43 ac (236,531 SF)
APN
066-00-06-001
UPID
US77-2726821
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$863k
Blend (final)
Blend
$930k
Owner & transaction history
since 2025
Last sale
$930,000
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Restaurant
$1.4M
+130.4%
Commercial (general)
$1.1M
+78.3%
Retail stores
$840,000
+40.5%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$930k
Value range
$837k – $1.02M
±10% around blend
Estimated value / SF
$106 / SF
Confidence
Low
3 county-verified comps
Property data
63
Market benchmarks
100
Comparable evidence
30
$837k
blend $930k
$1.02M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,765 SF
Lot area
5.43 ac
APN
066-00-06-001
Assessed value
$38,980
Annual tax
$12,598
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$193k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.9 mi away · 8,443 SF
12.1 mi away · 6,608 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$930k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 30 sales
$68
+55%
Submarket 72 sales
$62
+72%
County 128 sales
$68
+55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $106/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+130%
vs current-use indication
Commercial (general)
Retail Stores
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$930k
Move the market yield to see immediate price impact.
Value / SF
$106
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$59k
$1.17M
$837k
$651k
$65k
$1.30M
$930k
$723k
$72k
$1.43M
$1.02M
$796k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$317k
6.3 mi · Dec 2025 · $50/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,598
Tax year 2023
Assessed value
$38,980
Assessed 2023
Previous assessed
$38,980
+0.0% YoY
Effective rate
32.32%
On assessed value
Assessed land
$5,200
Assessed improvement
$33,780
Total market value
$649,720
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Buildings
2
Total area
8,765 SF
Lot
5.43 ac (236,531 SF)
APN
066-00-06-001
UPID
US77-2726821
Jurisdiction
ANDERSON
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
5.43 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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