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Property profile & analytics
OFF-MARKET
Warehouses
116 Pride Dr Simpsonville, SC 29681-3240
Individually Owned
7-yr Hold
Free & Clear
Property ID
US77-0941950
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Lot
0.73 ac (31,799 SF)
Zoning code
B-I
APN
0323.01-01-003.10
UPID
US77-0941950
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
-
RimCraft Industrial Manufacturer Production Facility
-
palmettobackyards.com Building Supply Renovation Specialist
-
Cornerstone Ballet Training Center
-
PalmettoBackyards Carport And Pergola Builder Patio Enclosure Supplier
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
Name Change Of Ortec Racing Ll · 7 yrs held
Name Change Of Ortec Racing Ll
since 2019
7 recorded transactions
Zoning & alternative use
B-I · Simpsonville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
2.10 B-I, Business- Industrial District 2.11 ID, Innovative Development District 2.12 DO-TC, Design Overlay- Town Center District 2.13 DO-VC, Design Overlay- Village Commerce District 2.14 DO-E, Design Overlay- Entertainment District 1 Introduction 3 Use Standards 2 Zoning Districts 4 Site Standards 5 Nonconformities 6 Administration 7 Procedures 8 Interpret…
Zone name
Business Industrial
General category
INDUSTRIAL
Zone area
233.57 ac
Source
City of Simpsonville
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
$3,477
Tax year 2023
Assessed value
$8,990
Assessed 2023
Previous assessed
$8,990
+0.0% YoY
Effective rate
38.68%
On assessed value
Assessed land
$3,740
Assessed improvement
$5,250
Land market value
$62,250
Improvement market value
$87,450
Total market value
$149,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
NONE
Lot
0.73 ac (31,799 SF)
Zoning code
B-I
APN
0323.01-01-003.10
UPID
US77-0941950
Jurisdiction
GREENVILLE
Zoning & alternative use
B-I · Simpsonville, SCZoning B-I · permitted uses
B-I · Simpsonville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
2.10 B-I, Business- Industrial District 2.11 ID, Innovative Development District 2.12 DO-TC, Design Overlay- Town Center District 2.13 DO-VC, Design Overlay- Village Commerce District 2.14 DO-E, Design Overlay- Entertainment District 1 Introduction 3 Use Standards 2 Zoning Districts 4 Site Standards 5 Nonconformities 6 Administration 7 Procedures 8 Interpretations City of Simpsonville Zoning Ordinance Page | 13 2.1.1 Zoning Districts The following districts are established to meet the purposes of this Ordinance. Residential Zoning Districts
Zone name
Business Industrial
General category
INDUSTRIAL
Zone area
233.57 ac
Source
City of Simpsonville
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Lot
0.73 ac
Current owner
From public records · entity-resolved
Name Change Of Ortec Racing Ll
Individual
Free & Clear · 7 yrs held
Mailing address
1698 W GEORGIA RD, SIMPSONVILLE, SC 29680-6307
Ownership since
2019
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
Apr 29, 2019
—
Roi Financial LLC
—
Deed
related
$200,000 · Oconee Fed'l S&l Assn
Apr 18, 2019
$770,000
Name Change Of Ortec Racing Ll
Ortec Machining & Fabrication
Grant Deed
—
Apr 18, 2019
—
Roi Financial LLC
—
Deed
related
$640,000 · Oconee Fed'l S&l Assn
Oct 8, 2004
$800,000
Ortec Racing LLC
Laughlin,michael R & Elizabeth G
Grant Deed
$629,999 · Carolina First Bank
—
—
Roi Financial LLC
—
Deed Of Trust
related
$640,000 · Oconee Fed'l S&l Assn
—
—
Roi Financial LLC
—
Deed Of Trust
related
$200,000 · Oconee Fed'l S&l Assn
—
—
Roi Financial LLC
—
Deed Of Trust
related
$200,000 · Oconee Fed'l S&l Assn
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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