Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    109 Edgebrook Dr Anderson, SC 29621-2544
    Back to Search
    Property profile & analytics

    109 Edgebrook Dr, Anderson, SC 29621-2544

    View on Map
    • Office buildings
    • 6,848 SF
    • 0.79 lot acres
    Off-Market
    Last Sale Oct 8, 2024
    $1,520,000
    Property ID
    US77-2930550
    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.
    Value Estimations
    $1,520,000
    Show details
    Cap Rate Potential
    7.9%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Global Financial Services Group / Bank / Credit Union
    • DTRR / Accounting Firm / Loan Service
    • Datatrac Receivables Recovery / Consultant / Financial Consultant

    Property Details for 109 Edgebrook Dr

    Year built
    2009
    Lot size
    0.79 lot acres
    Property type
    Office buildings
    APN
    147-07-01-013
    APU
    1470701013

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 8, 2024 $1,520,000 Anmed Health Edgebrook Drive LLC Limited Warranty Deed —
    Jul 20, 2021 — Edgebrook Drive LLC — Deed · related $406k · Grandsouth Bank
    Sep 20, 2018 — Edgebrook Drive LLC — Deed · related $503k · Synovus Bk
    Jul 22, 2003 $275,000 Edgebrook Dr LLC — Grant Deed · related —
    — — Edgebrook Drive LLC — Deed Of Trust · related $503k · Synovus Bk
    — — Edgebrook Drive LLC — Deed Of Trust · related $626k · National Bank South Carolina

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,520,000
      ML approach
      $1,520,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,005,000
      6.5%
      $1,850,000
      7%
      $1,720,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,188,000
      Market price range: $599k - $1.52M
      AI Estimate
      $1,044,000
      Market price range: $564k - $1.31M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,035,000
      Current use
      RESTAURANT
      $1,250,000
      Change: +21% Conversion: Moderate
      RETAIL STORES
      $1,095,000
      Change: +6% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $925,000
      Change: -11% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.6313
    Latitude
    34.554
    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
    $19,233
    $15,000
    $40,920
    $55,920
    -
    $0.00
    $0.00
    $932,052

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      813 Fant St

      OFFICE BUILDING
      813 Fant St, Anderson, SC 29621-5717
      View Details
    • Value Estimation by Request
      1,552 SF

      2312 Main St

      OFFICE BUILDING
      2312 Main St, Anderson, SC 29621
      View Details
    • Value Estimation
      $3,200,000
      25,925 SF

      2404 Main St

      OFFICE BUILDING
      2404 Main St, Anderson, SC 29621-3275
      View Details
    • Value Estimation
      $855,000
      4,798 SF

      202 Mcduffie St

      OFFICE BUILDING
      202 Mcduffie St, Anderson, SC 29621-5623
      View Details
    • Value Estimation
      $1,305,000
      9,663 SF

      9 Mclees Rd

      OFFICE BUILDING
      9 Mclees Rd, Anderson, SC 29621
      View Details
    • Value Estimation
      $695,000
      4,132 SF

      779 Senate Pkwy

      OFFICE BUILDING
      779 Senate Pkwy, Anderson, SC 29621-1820
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,289 SF

      Downtown Anderson Office Building For Sale

      Two-story office building in downtown Anderson with private parking.
      1008 N Main St, Anderson, SC 29621
      View Details
    • $595,000

      Downtown Anderson Two-Story Office Building

      Two-story office building in downtown Anderson with private parking.
      1008 North Main Street Ext, Anderson, SC 29621
      View Details
    • $925,000

      Versatile Property Near AnMed Hospital

      Versatile 4,300 SF property suitable for office or retail.
      1502 E Greenville St, Anderson, SC 29621
      View Details
    • Contact for pricing
      3,653 SF

      Prime Corner Commercial Opportunity

      High-visibility commercial space in Anderson, SC, suitable for various businesses.
      602 N Main St, Anderson, SC 29621
      View Details
    • $499,000
      0.25 Acres

      Prime Anderson Business Location

      Excellent visibility, move-in ready office space with parking.
      2006 N Main St, Anderson, SC 29621
      View Details
    • $299,999

      Freestanding Office Building For Sale

      Two-story office building with basement, ideal for office use.
      1817 Boulevard North, Anderson, SC 29621
      View Details

    Similar Nearby for Lease

    • $500 /Mo

      Modern Office Space Available

      Updated office space with 9 offices, conference room, and breakroom.
      521 N Mcduffie St, Anderson, SC 29621
      View Details
    • $3,400 /Mo
      43,560 SF

      Main Street Office Space Available

      2800 SF Class A office space for rent.
      2315 N Main St, Anderson, SC 29621
      View Details
    • $1,300 /Mo

      Office Space Near Downtown Anderson

      Office suite with three private offices, reception, and kitchenette.
      1214 North Main Street Ext, Anderson, SC 29621
      View Details
    • Contact for pricing
      4,200 SF

      Office Space with Recent Upgrades

      Office space featuring new exterior paint and resurfaced parking lot.
      120 E West Pkwy, Anderson, SC 29621
      View Details
    • $3,400 /Mo

      Class A Office Space

      Professional office suite for rent in Anderson, SC.
      2315 N Main St, Anderson, SC 29621
      View Details
    • $9 SF/Yr

      Miracle Mile Commercial Building

      Approximately 4000 SF building for lease with high visibility.
      102 Miracle Mile Dr, Anderson, SC 29621
      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.
    109 Edgebrook Dr
    Anderson, SC 29621-2544
    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
    109 Edgebrook Dr, Anderson, SC, 29621
    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!