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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11803 Anderson Rd Greenville, SC 29611-7508

    • Warehouses
    • 23,200 SF
    • 2.40 lot acres
    OFF-MARKET
    Value Estimations
    $1,845,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1184388
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 11803 Anderson Rd

    Year built
    2008
    Lot size
    2.40 lot acres
    Property size
    23,200 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    236-00-04-010
    APU
    2360004010

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,590,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.4719
    Latitude
    34.7973
    CBSA code
    24860
    CBSA name
    GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,690
    $8,640
    $49,010
    $57,650
    -
    $0.00
    $0.00
    $960,870

    Comparable in this City

    • Value Estimation by Request
      1.09 Acres

      3044 White Horse Rd

      MINI-WAREHOUSE, STORAGE • 1.09 Acres
      3044 White Horse Rd, Greenville, SC 29611-7700
      View Details
    • Value Estimation by Request
      5.93 Acres

      2601 Anderson Rd

      MINI-WAREHOUSE, STORAGE • 5.93 Acres
      2601 Anderson Rd, Greenville, SC 29611-6019
      View Details
    • Value Estimation by Request
      2,400 SF

      11411 Anderson Rd

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      11411 Anderson Rd, Greenville, SC 29611-7502
      View Details
    • Value Estimation by Request
      1,260 SF

      618 Washington Ave

      MINI-WAREHOUSE, STORAGE • 1,260 SF
      618 Washington Ave, Greenville, SC 29611-6082
      View Details
    • Value Estimation
      $2,495,000
      2.60 Acres

      2815 White Horse Rd

      MINI-WAREHOUSE, STORAGE • 2.60 Acres
      2815 White Horse Rd, Greenville, SC 29611-6118
      View Details
    • Value Estimation
      $615,000
      4,615 SF

      3717 Calhoun Memorial Hwy

      MINI-WAREHOUSE, STORAGE • 4,615 SF
      3717 Calhoun Memorial Hwy, Greenville, SC 29611-7028
      View Details

    Similar Nearby for Sale

    • $5,250,000
      88,650 SF

      Industrial Facility with Outdoor Storage

      88,650 SF industrial facility with 5 AC outdoor storage.
      2706 White Horse Rd, Greenville, SC 29611
      View Details
    • $5,250,000
      88 SF

      Industrial Space with Outdoor Storage

      Industrial space for sale or lease with outdoor storage.
      2706 White Horse Road Ext, Greenville, SC 29611
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    • $1,299,000
      1.00 Acre

      Greenville Industrial Showroom & Warehouse

      High-traffic location, ample parking, loading dock.
      6340 White Horse Road Ext, Greenville, SC 29611
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    • $650,000
      2,800 SF

      Greenville SC Flex Space For Sale

      2800 SF Flex Building, Owner-User Ideal
      10 Draper St, Greenville, SC 29611
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    • $1,100,000
      7.77 Acres

      White Horse Rd Development Land

      7.77 Acres, Greenville, SC - Prime Location
      0 White Horse Rd, Greenville, SC 29611
      View Details
    • $361,000
      0.15 Acres

      Greenville Commercial Lot Investment

      High-potential development land, AS-IS.
      501 Easley Bridge Rd, Greenville, SC 29611
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      25,000 SF

      Functional Warehouse Space Available

      25,000 SF warehouse suitable for logistics, warehousing, manufacturing.
      105 Prospect St, Greenville, SC 29611
      View Details
    • $9 SF/Yr
      3,300 SF

      Greenville Flex Space with Yard

      3,300 SF flex space with lay down yard for lease.
      407 Flora Ave, Greenville, SC 29611
      View Details
    • $6 SF/Yr
      20,000 SF

      Warehouse Space Near Downtown Greenville

      20,000-60,000 SF warehouse space for lease near downtown Greenville.
      1201 West Bramlett Rd, Greenville, SC 29611
      View Details
    • Contact for pricing
      25,000 SF

      New Warehouse Space Available

      New 25,000 SF warehouse space in prime Greenville location.
      107 Prospect St, Greenville, SC 29611
      View Details
    • Contact for pricing
      499,968 SF

      Greenville Warehouse Space for Lease

      499,968 SF warehouse space available for lease in Greenville.
      189 Stables Rd, Greenville, SC 29611
      View Details
    • Contact for pricing
      2,800 SF

      Greenville Flex Space Available

      Climate-controlled flex space in rapidly developing Greenville area.
      10 Draper St, Greenville, SC 29611
      View Details
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    11803 Anderson Rd
    Greenville, SC 29611-7508
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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