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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
115 Hwy 14 Simpsonville, SC 29681-6051
Trust Owned
2-yr Hold
Free & Clear
Property ID
US77-1395925
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1965
Total area
1,364 SF
Lot
6.29 ac (273,905 SF)
Zoning code
RS
APN
0297.00-01-011.00
UPID
US77-1395925
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wal Mart Real Estate Business Trust · 2 yrs held
Wal Mart Real Estate Business Trust
since 2024
Last sale
$10.4M
7 recorded transactions
Zoning & alternative use
RS · Simpsonville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Simpsonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simpsonville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$161,633
Tax year 2023
Assessed value
$471,980
Assessed 2023
Previous assessed
$471,980
+0.0% YoY
Effective rate
34.25%
On assessed value
Assessed land
$156,860
Assessed improvement
$315,120
Land market value
$2,614,410
Improvement market value
$5,251,980
Total market value
$7,866,390
Applied tax rate
899.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1965
Heating
BASEBOARD
Cooling
NONE
Stories
1
Rooms
5
Bathrooms
1
Total area
1,364 SF
Lot
6.29 ac (273,905 SF)
Zoning code
RS
APN
0297.00-01-011.00
UPID
US77-1395925
Jurisdiction
GREENVILLE
Zoning & alternative use
RS · Simpsonville, SC
Zoning RS · permitted uses
RS · Simpsonville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Simpsonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
BASEBOARD
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
6.29 ac
Current owner
From public records · entity-resolved
Wal Mart Real Estate Business Trust
Trust
Free & Clear · 2 yrs held
Mailing address
2608 SE PO BOX 8050TH ST, BENTONVILLE, AR 72712-8055
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2024
$10,400,000
Wal Mart Real Estate Business Trust
Realty Income Properties 16 LLC
Special Warranty Deed
—
Jul 16, 2024
—
Wal Mart Real Estate Business Trust
Realty Income Properties 16 LLC
Quit Claim Deed
related
—
Mar 24, 2017
$12,148,523
Realty Income Props 16 LLC
Twister 113 LLC
Grant Deed
—
Mar 24, 2017
—
Realty Income Props 16 LLC
Twister 113 LLC
Quit Claim Deed
related
—
Jul 14, 2016
—
Twister 113 LLC
—
Deed
related
$8,758,794 · Texas Cap Bk
Jul 15, 2014
$2,079,000
Twister 113 LLC
Dks Properties LLC
Grant Deed
—
—
—
Twister 113 LLC
—
Loan Modification
related
$8,758,794 · Texas Cap Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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