Individually Owned Property summary
AI-generated overview
This exceptional 0.9-acre commercial property, located at 1204 W. Wade Hampton Blvd in Greer, South Carolina, presents a unique opportunity for retail development. Zoned C-3, this single-tenant site boasts 2,400 square feet of vacant space and is situated on a high-traffic corridor of US Highway 29, connecting Greenville and Spartanburg. The property benefits from over 40,000 vehicles passing daily, multiple access points, and proximity to major employers and residential areas. Recent development within a half-mile radius includes notable brands such as Panera Bread, Popeyes, Andy's Frozen Custard, Chili's, Ross, Ulta, and Five Below, indicating a thriving and expanding retail market. The property's APN is T017010102401, and it's located in Greenville County, SC, zip code 29650. This site is ideal for ground lease, build-to-suit opportunities, or other retail ventures seeking a high-visibility location in a rapidly growing area. The property offers significant potential for immediate returns and long-term growth.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Lot
0.9 ac (39,204 SF)
Zoning code
R20
APN
T017.01-01-024.01
UPID
US77-0640708
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$340k
Owner & transaction history
since 2018
1 recorded transaction
Zoning & alternative use
R20 · Greer, SC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$340k
Value range
$306k – $374k
±10% around blend
Confidence
Property data
63
Comparable evidence
60
$306k
blend $340k
$374k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
0.9 ac
APN
T017.01-01-024.01
Zoning
R20
Assessed value
$49,420
Annual tax
$20,179
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$340k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$49k
Move the market yield to see immediate price impact.
Value / SF
N/A
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$3k
$62k
$44k
$35k
$3k
$69k
$49k
$38k
$4k
$76k
$54k
$42k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,179
Tax year 2023
Assessed value
$49,420
Assessed 2023
Previous assessed
$49,420
+0.0% YoY
Effective rate
40.83%
On assessed value
Assessed land
$16,200
Assessed improvement
$33,220
Land market value
$270,000
Improvement market value
$553,700
Total market value
$823,700
Applied tax rate
285.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Heating
NONE
Lot
0.9 ac (39,204 SF)
Zoning code
R20
APN
T017.01-01-024.01
UPID
US77-0640708
Jurisdiction
GREENVILLE
Zoning & alternative use
R20 · Greer, SCZoning R20 · permitted uses
R20 · Greer, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Heating
NONE
Lot
0.9 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R20
Jurisdiction
Greer, SC
Recorded code
R20
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R20 in Greer, SC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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