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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Outlet malls
1308 Main St Sta A Easley, SC 29640-3741
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US77-0850733
Property summary
AI-generated overview
This exceptional investment opportunity presents a fully leased, multi-tenant storefront located at 1308 E Main St, Easley, SC 29640. The property boasts a substantial 25,087 square feet situated on a 1.15-acre lot. Built in 1988, this retail space offers a compelling 6.81% capitalization rate and a Net Operating Income (NOI) of $127,821, with an asking price of $1,875,000. The price per square foot is $74.73. Currently, the property enjoys consistent, long-term tenants. There is significant potential for rental increases upon lease renewal. This prime Easley location, in Pickens County, offers a strong basis for a secure and profitable investment. The property's size and established tenancy make it an attractive option for investors seeking a stable, high-yield retail asset in a thriving South Carolina market. The two tenants currently occupy the entire space, ensuring consistent cash flow. This presents a rare opportunity to acquire a well-maintained, high-performing retail property with significant upside potential.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,071 SF
Zoning code
GENERAL COMMERCIAL DIST
APN
5029-15-54-3362
UPID
US77-0850733
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$885k
Owner & transaction history
Gsp 1001 Easley LLC · 7 yrs held
Gsp 1001 Easley LLC
since 2019
2 recorded transactions
Zoning & alternative use
GENERAL COMMERCIAL DIST · Easley, 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 Easley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easley 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$35 / SF
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
$11,285
Tax year 2023
Assessed value
$43,780
Assessed 2023
Previous assessed
$43,780
+0.0% YoY
Effective rate
25.78%
On assessed value
Assessed land
$12,000
Assessed improvement
$31,780
Land market value
$200,000
Improvement market value
$529,600
Total market value
$729,600
Applied tax rate
1.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
25,071 SF
Zoning code
GENERAL COMMERCIAL DIST
APN
5029-15-54-3362
UPID
US77-0850733
Jurisdiction
PICKENS
Zoning & alternative use
GENERAL COMMERCIAL DIST · Easley, SCZoning GENERAL COMMERCIAL DIST · permitted uses
GENERAL COMMERCIAL DIST · Easley, 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
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
Gsp 1001 Easley LLC
Entity
Mailing address
8595 PELHAM RD STE #400, GREENVILLE, SC 29615-5763
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2022
—
Gsp 1001 Easley LLC
—
Deed
related
$725,000 · Coastal Carolina National Bank
Jul 29, 2019
$750,000
Gsp 1001 Easley LLC
Aaron Ventures I LLC
Limited Warranty Deed
$608,000 · Cogent Bank
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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