Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    114 Orr St Anderson, SC 29625-4318
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    114 Orr St Anderson, SC 29625-4318

    View on Map
    • Office buildings
    • 10,840 SF
    • 0.48 lot acres
    Off-Market
    Property ID
    US77-0847880
    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
    $815,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Allen & Eakes / Law Firm
    • Allen & Eakes: Allen Jr Richard K / Law Firm

    Property Details for 114 Orr St

    Year built
    1930
    Lot size
    0.48 lot acres
    Property size
    10,840 SF
    Property type
    Office buildings
    APN
    123-29-02-005
    APU
    1232902005

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,026,000
      Market price range: $1.03M - $3.33M
      AI Estimate
      $1,065,000
      Market price range: $1.07M - $2.54M

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

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.6515
    Latitude
    34.5055
    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
    $7,777
    $7,370
    $16,060
    $23,430
    -
    $0.00
    $0.00
    $390,532

    Comparable in this City

    • Value Estimation by Request
      0.59 Acres

      178 Ymca Cp Rd, Unit 199

      OFFICE BUILDING • 0.59 Acres
      178 Ymca Cp Rd, Anderson, SC 29625-5361
      View Details
    • Value Estimation by Request
      275 SF

      Anderson, SC 29625

      OFFICE BUILDING • 275 SF
      Anderson, SC 29625
      View Details
    • Value Estimation
      $1,070,000
      3,959 SF

      2828 En Ave

      OFFICE BUILDING • 3,959 SF
      2828 En Ave, Anderson, SC 29625-2300
      View Details
    • Value Estimation
      $3,445,000
      13,705 SF

      100 Clemson Research Blvd

      OFFICE BUILDING • 13,705 SF
      100 Clemson Research Blvd, Anderson, SC 29625-6548
      View Details
    • Value Estimation
      $1,140,000
      7,840 SF

      604 Murray Ave

      OFFICE BUILDING • 7,840 SF
      604 Murray Ave, Anderson, SC 29625-4311
      View Details
    • Value Estimation by Request
      1,114 SF

      200 Murray Ave

      OFFICE BUILDING • 1,114 SF
      200 Murray Ave, Anderson, SC 29625-4303
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,764 SF

      High Visibility Office Space

      3,764 SF office space in Anderson's busiest commercial area.
      3115 Martin Luther King Jr Blvd, Anderson, SC 29625
      View Details
    • Contact for pricing
      4,550 SF

      Anderson Office Building For Sale

      Well-located office building near Clemson Boulevard and AnMed Medical Center.
      133 Straight Dr, Anderson, SC 29625
      View Details
    • Contact for pricing

      Retail Site on Highway 28

      Over 1 acre retail site with highway frontage.
      00 Highway 28 Byp, Anderson, SC 29625
      View Details
    • $485,000
      4,290 SF

      Anderson Automotive Garage with Living Space

      Automotive garage with living space in thriving Anderson, South Carolina.
      609 Fair St, Anderson, SC 29625
      View Details
    • Contact for pricing
      0.15 Acres

      Commercial Lot in Mall Park

      Centrally located commercial lot near shopping, dining, and civic center.
      29 Civic Center Boulevard Ext, Anderson, SC 29625
      View Details
    • Contact for pricing
      0.15 Acres

      Commercial Lot in Mall Park

      Centrally located commercial lot among established businesses in Anderson, SC.
      29 Civic Center Boulevard Ext, Anderson, SC 29625
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr

      Retail Space in Whitehall Commons

      Retail or office space available in a high-traffic area.
      1486 Pearman Dairy Rd, Anderson, SC 29625
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available with 4,550 square feet in Anderson.
      131 Straight Dr, Anderson, SC 29625
      View Details
    • Contact for pricing

      Prime Commercial Space in Anderson

      Newly renovated commercial space with high visibility on Pearman Dairy Road.
      1716 Pearman Dairy Rd, Anderson, SC 29625
      View Details
    • $15 SF/Yr

      Renovated Office/Retail Space Available

      Newly renovated 1,200 SF office/retail space for lease.
      1207 Whitehall Rd, Anderson, SC 29625
      View Details
    • $4,000 /Mo

      Flex Building with Office, Warehouse

      Flex building with office and warehouse space for lease.
      109 Old Denver Rd, Anderson, SC 29625
      View Details
    • $3,000 /Mo

      Commercial Space Near Pendleton High

      Commercial space available for lease near Pendleton High.
      411 Bickford Cir, Anderson, SC 29625
      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.
    114 Orr St
    Anderson, SC 29625-4318
    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!