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Property profile & analytics
OFF-MARKET Estimated value $7,585,000
Strip malls

115 Pelham Rd Greenville, SC 29615-2184

4.57 ac lot Built 1987
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US77-0977574
Property summary
AI-generated overview

This exceptional 43,000-square-foot flex space in Greenville County presents a unique investment opportunity. Currently featuring a single tenant, 7,243 square feet are immediately available, offering significant potential for expansion or lease modification. The property boasts a C-2 zoning classification, allowing for a variety of commercial uses. The building features multiple ground-level roll-up doors, providing convenient access for loading and unloading. A tenant improvement allowance is available, allowing for a customized build-out to meet specific business needs. The property enjoys a highly visible location at the signalized intersection of Pelham Road and Pelham Commons Road, benefiting from exceptional traffic counts exceeding 22,500 vehicles per day. This prime location offers easy access to downtown Greenville, as well as the I-385 and I-85 corridors, ensuring convenient commutes for employees and clients. The existing tenant mix contributes to a strong and diverse commercial environment. This property is ideal for businesses seeking a flexible, high-visibility space with excellent accessibility and ample room for growth. The available space ranges from 2,400 to 7,243 square feet, providing options for businesses of various sizes. Don't miss this chance to secure a prominent location in a thriving Greenville County market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Lot 4.57 ac (199,243 SF)
Zoning code C1
APN 0279.00-01-010.00
UPID US77-0977574
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
Current use
Occupant on record · Public records
  • Koi Asian Bistro Restaurant
  • EnChant’d Hair Studio Hair Salon
  • US Marine Corps Recruiting Military Recruiting Office
  • Noble Vice Wine Co. Specialty Food Shop Wine and Liquor Store
  • CAPRI'S Italian Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.59M
Owner & transaction history
Cpam Pelham Court LLC · 4 yrs held
Cpam Pelham Court LLC
since 2021
Last sale
$7.6M
7 recorded transactions
2021
Price N/A
2021
$7.6M
2018
$4.9M
2017
Price N/A
2012
Price N/A
2012
Price N/A
2006
$3.9M
Zoning & alternative use
C1 · Greenville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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