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    Property profile & analytics

    107 Earle St Walhalla, SC 29691

    • Medical offices
    • 1,791 SF
    • 0.08 lot acres
    For Sale
    View listing
    $185,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2395753
    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.

    Current Use by Public Records

    • Edgar Marlena / Dentist

    Property Details for 107 Earle St

    Year built
    1988
    Lot size
    0.08 lot acres
    Property size
    1,791 SF
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    500-21-06-012
    APU
    5002106012

    Description

    This well-maintained office building, located at 107 N Earle Street in Walhalla, South Carolina, presents a fantastic opportunity for businesses seeking to establish or expand their presence. Situated conveniently just off Main Street, this property offers excellent visibility and accessibility, while avoiding the heavy traffic flow. The building sits on a 0.08-acre lot and boasts ample parking for employees and clients. Inside, you'll find a versatile layout featuring eight potential office spaces, providing flexibility for various business needs and configurations. Two restrooms ensure convenience for staff and visitors. Two additional rooms are available for storage or supply purposes, optimizing space utilization. A welcoming waiting area/lobby creates a professional first impression for clients. The asking price for this turnkey office space is $185,000. This property is ideal for businesses seeking a move-in ready solution in a thriving location. The building's excellent condition and convenient location make it a highly desirable asset. Don't miss the chance to secure this exceptional opportunity in the growing city of Walhalla. Contact us today to schedule a viewing and explore the possibilities this property offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Walhalla
    County
    Oconee
    State
    South Carolina
    Longitude
    -83.0542
    Latitude
    34.7624
    CBSA code
    42860
    CBSA name
    SENECA, 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
    0
    $0.00
    $198
    $4,485
    $4,683
    -
    $4,940
    $112,120
    $117,060

    Comparable in this City

    • Value Estimation
      $510,000
      4,498 SF

      105 Earle St

      MEDICAL BUILDING • 4,498 SF
      105 Earle St, Walhalla, SC 29691-2419
      View Details
    • Value Estimation
      $695,000
      7,145 SF

      103 Whitetail Dr

      MEDICAL BUILDING • 7,145 SF
      103 Whitetail Dr, Walhalla, SC 29691-5837
      View Details
    • Value Estimation by Request
      2,636 SF

      304 Catherine St

      DENTAL BUILDING • 2,636 SF
      304 Catherine St, Walhalla, SC 29691-1915
      View Details
    • Value Estimation by Request
      4,908 SF

      Municipal Dr

      MEDICAL BUILDING • 4,908 SF
      Municipal Dr, Walhalla, SC 29691
      View Details
    • Value Estimation by Request
      15,434 SF

      Walhalla, SC 29691

      MEDICAL BUILDING • 15,434 SF
      Walhalla, SC 29691
      View Details
    • Value Estimation by Request
      19,656 SF

      999 Un Rd

      HOMES (RETIRED, NURSING) • 19,656 SF
      999 Un Rd, Walhalla, SC 29691
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Walhalla Office Space - Main Street

      Prime Office Space, Downtown Walhalla. Affordable and Convenient.
      112 Main St, Walhalla, SC 29691
      View Details
    • $349,900

      Move-in Ready Office Space

      Well-maintained office space suitable for various professional uses.
      111 N Earle St, Walhalla, SC 29691
      View Details
    • Contact for pricing

      Walhalla Office Space - Main Street

      Affordable Office Suite in Downtown Walhalla
      112 Main St, Walhalla, SC 29691
      View Details
    • $1,300,000
      6,130 SF

      Walhalla Main Street Multi-Tenant

      Prime Retail Investment, Downtown Walhalla
      212 Main St, Walhalla, SC 29691
      View Details
    • $349,900
      0.35 Acres

      Move-in Ready Office Space

      Well-maintained office space in established park, ideal for professionals.
      111 N Earle St, Walhalla, SC 29691
      View Details
    • $185,000
      0.08 Acres

      Walhalla Office Building For Sale

      Prime Office Space, Ample Parking
      107 Earle St, Walhalla, SC 29691
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo
      15,246 SF

      Move-in Ready Office Space

      Well-maintained office space in established professional park, ready for occupancy.
      111 N Earle St, Walhalla, SC 29691
      View Details
    • $2,000 /Mo
      2,614 SF

      Remodeled Restaurant Space on Main

      Prime restaurant property in a high-traffic, growing tourist area.
      100 W Main St, Walhalla, SC 29691
      View Details
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    107 Earle St
    Walhalla, SC 29691
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    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
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