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Property profile & analytics
OFF-MARKET
Turn key restaurants
116 Ann St Pickens, SC 29671-2237
Individually Owned
1-yr Hold
Free & Clear
Property ID
US77-0507693
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,376 SF
Lot
0.64 ac (27,878 SF)
Zoning code
CBD
APN
4181-16-74-8493
UPID
US77-0507693
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
-
Santa Fe Grill House & Bar Restaurant
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
E Dean Holder · 1 yrs held
E Dean Holder
since 2024
5 recorded transactions
Zoning & alternative use
CBD · Pickens, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Sec. 406. - CBD, Central Business District. 406.1. Purpose and intent. In order to preserve vibrancy and activity along the CBD's street frontages and limit uses that do not operate on a daily basis and add to the street life of the area, the following use types are permitted to occupy storefronts within the district, which is defined as the front (or facade…
Zone name
Central Business District
General category
COMMERCIAL
Zone area
73.85 ac
Source
code of ordinances
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 Pickens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pickens 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
Assessed value
$25,880
Assessed 2023
Previous assessed
$25,880
+0.0% YoY
Assessed land
$5,830
Assessed improvement
$20,050
Land market value
$100,000
Improvement market value
$343,900
Total market value
$443,900
Applied tax rate
7.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,376 SF
Lot
0.64 ac (27,878 SF)
Zoning code
CBD
APN
4181-16-74-8493
UPID
US77-0507693
Jurisdiction
PICKENS
Zoning & alternative use
CBD · Pickens, SCZoning CBD · permitted uses
CBD · Pickens, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Sec. 406. - CBD, Central Business District. 406.1. Purpose and intent. In order to preserve vibrancy and activity along the CBD's street frontages and limit uses that do not operate on a daily basis and add to the street life of the area, the following use types are permitted to occupy storefronts within the district, which is defined as the front (or facade-facing) ground level floor space of a building fronting a street in the CBD. All parcels located in the CBD will have to meet the regulations of both
Zone name
Central Business District
General category
COMMERCIAL
Zone area
73.85 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
E Dean Holder
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 707, PICKENS, SC 29671-0707
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
—
E Dean Holder
Jeliz Investments LLC
Deed
—
Jun 13, 2011
—
Jeliz Investments LLC
Holder Edgar O Trust
Grant Deed
—
Jun 13, 2011
$50,000
Jeff Holder
Holder Edgar O Trust
Grant Deed
related
—
Aug 9, 2010
$100,000
Holder Edgar O Trust
Suntrust Bk
Grant Deed
—
Oct 26, 2006
$150,000
Sun Trust Bk
Southstar Ents
Grant Deed
related
—
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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