Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    109 Smythe Ave Greenwood, SC 29649-2665

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    109 Smythe Ave Greenwood, SC 29649-2665

    View on Map
    • Commercial real estate
    • 11,514 SF
    • 2.29 lot acres
    Off-Market
    Property ID
    US77-1572172
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 109 Smythe Ave

    Lot size
    2.29 lot acres
    Property size
    11,514 SF
    Property type
    Commercial real estate
    APN
    6856-135-294
    APU
    6856135294

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Greenwood
    State
    South Carolina
    Longitude
    -82.1529
    Latitude
    34.1998
    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
    $1,357
    $0.00
    $0.00
    $3,010
    -
    $11,500
    $38,600
    $50,100

    Comparable in this City

    • Value Estimation by Request
      636.55 Acres

      3000 Old Laurens Rd

      Land • 636.55 Acres
      3000 Old Laurens Rd, Greenwood, SC 29649
      View Details
    • Value Estimation by Request
      1,735 SF

      108 Furman Burton Rd

      COMMERCIAL (GENERAL) • 1,735 SF
      108 Furman Burton Rd, Greenwood, SC 29649
      View Details
    • Value Estimation by Request
      2,400 SF

      451 Calhoun Ave

      COMMERCIAL (GENERAL) • 2,400 SF
      451 Calhoun Ave, Greenwood, SC 29649-2053
      View Details
    • Value Estimation by Request
      2,006 SF

      1632 Cokesbury Rd

      COMMERCIAL (GENERAL) • 2,006 SF
      1632 Cokesbury Rd, Greenwood, SC 29649-8970
      View Details
    • Value Estimation by Request
      1,508 SF

      225 Grace St

      COMMERCIAL (GENERAL) • 1,508 SF
      225 Grace St, Greenwood, SC 29649-2413
      View Details
    • Value Estimation
      $3,735,000
      52,783 SF

      133 Merrywood Dr

      COMMERCIAL (GENERAL) • 52,783 SF
      133 Merrywood Dr, Greenwood, SC 29649-1549
      View Details

    Similar Nearby for Sale

    • $100,000
      1.30 Acres

      Greenwood Commercial Building Investment

      High-traffic location, flexible zoning, great potential.
      1632 Cokesbury Rd, Greenwood, SC 29649
      View Details
    • $1,900,000
      1.40 Acres

      Days Inn Greenwood: Investment Opportunity

      Profitable Greenwood Hotel - 55 Rooms
      233 Birchtree Dr, Greenwood, SC 29649
      View Details
    • $65,000
      4.50 Acres

      Greenwood Residential Lot with Lake Access

      4.5 acre residential lot with lake access near Greenwood.
      Harborside Dr, Greenwood, SC 29649
      View Details
    • $575,000
      13.13 Acres

      Greenwood Commercial Land For Sale

      13+ acres of commercial land with residential structure.
      2029 Highway 72, Greenwood, SC 29649
      View Details
    • $120,000
      0.99 Acres

      Lakefront Lot in Grand Harbor

      Lake Greenwood 0.99-acre lot with access to community amenities.
      362 Abercrombie Pt, Greenwood, SC 29649
      View Details
    • $70,000
      0.10 Acres

      Residential Lot in Gated Community

      Residential lot in gated community with lakeside amenities near Lake Greenwood.
      215 Indigo Way, Greenwood, SC 29649
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Property for Lease

      Industrial property available for lease in Greenwood, SC.
      401 Puckett Ferry Rd, Greenwood, SC 29649
      View Details
    • Contact for pricing

      Industrial Space For Lease

      Industrial space available for lease in Greenwood, South Carolina.
      215 Puckett Ferry Rd, Greenwood, SC 29649
      View Details
    • Contact for pricing
      245,835 SF

      Industrial Space with High Ceilings

      Manufacturing space featuring 14 dock doors and high ceilings.
      401 Puckett Ferry Rd, Greenwood, SC 29649
      View Details
    • Contact for pricing

      Retail Space in Greenwood, SC

      Retail space available in a high-traffic shopping center.
      3353 Highway 72 221 E, Greenwood, SC 29649
      View Details
    • Contact for pricing
      59,870 SF

      Greenwood Specialty Property for Rent

      59,870 SF specialty property available for rent in Greenwood.
      215 Puckett Ferry Rd, Greenwood, SC 29649
      View Details
    • Contact for pricing
      4,800 SF

      Retail Space in Piedmont Plaza

      Retail space available in a busy shopping center.
      1306-1360 Bypass 72 NE, Greenwood, SC 29649
      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 Smythe Ave
    Greenwood, SC 29649-2665
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!