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Property profile & analytics
FOR LEASE
Strip malls
115 Welborn St Greenville, SC 29601
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US77-0799654
For Lease
1 / 3
Contact for pricing
115 Welborn St, Greenville, SC 29601
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Lot
0.32 ac (14,070 SF)
Zoning code
S1
APN
0055.00-01-002.06
UPID
US77-0799654
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
-
Pangaea Brewing Bar & Pub Restaurant
-
Isomer Project Group Engineering Consultant
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
Wheelman Properties LLC · 11 yrs held
Wheelman Properties LLC
since 2014
7 recorded transactions
Zoning & alternative use
S1 · Greenville, 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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$25,443
Tax year 2023
Assessed value
$69,410
Assessed 2023
Previous assessed
$41,920
+65.6% YoY
Effective rate
36.66%
On assessed value
Assessed land
$9,640
Assessed improvement
$59,770
Land market value
$160,700
Improvement market value
$996,200
Total market value
$1,156,900
Applied tax rate
500.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Heating
NONE
Lot
0.32 ac (14,070 SF)
Zoning code
S1
APN
0055.00-01-002.06
UPID
US77-0799654
Jurisdiction
GREENVILLE
Zoning & alternative use
S1 · Greenville, SCZoning S1 · permitted uses
S1 · Greenville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
Wheelman Properties LLC
Entity
Mailing address
1105 OLD BUNCOMBE RD, GREENVILLE, SC 29617-6253
Ownership since
2014
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
Jan 21, 2026
—
Wheelman Properties LLC
—
Deed
related
$800,000 · Td Bank NA
Sep 16, 2021
—
Wheelman Properties LLC
—
Deed
related
$1,332,225 · First Palmetto Bank
Dec 12, 2019
—
Wheelman Properties LLC
—
Deed
related
$740,000 · South State Bank
Nov 25, 2014
$170,000
Wheelman Properties LLC
Tony Brooks
Deed
$385,700 · Pnc Bank NA
Dec 19, 2011
—
Robert A Brooks
Brooks,tony
Quit Claim Deed
related
$156,696 · Southern Warehouse Assocs LLC
Dec 23, 2009
—
Tony Brooks
Brooks,robert A
Quit Claim Deed
related
—
—
—
Tony Brooks
—
Deed Of Trust
related
$100,000 · Jack Cochran
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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