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Property profile & analytics
OFF-MARKET
Estimated value
$8,295,000
Warehouses
1408 Boiling Spgs Rd, Greer, SC 29650-4140
Entity Owned
3-yr Hold
Property ID
US77-1385936
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1950
Total area
504 SF
Lot
2.61 ac (113,692 SF)
Zoning code
R20
APN
0533.04-01-016.00
UPID
US77-1385936
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
$8.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.30M
Owner & transaction history
Ps Southeast Two LLC · 3 yrs held
Ps Southeast Two LLC
since 2022
Last sale
$8.5M
6 recorded transactions
Zoning & alternative use
R20 · Greer, 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 Greer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greer 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
$7,955,000
ML approach
$8,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.30M
Range $7.47M – $9.12M · ±10% · vs last sale $8.49M (Aug 2 2022)
Last sale anchor
$8.49M
Aug 2 2022
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
$16,458 / 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
$122,046
Tax year 2023
Assessed value
$383,420
Assessed 2023
Previous assessed
$539,490
-28.9% YoY
Effective rate
31.83%
On assessed value
Assessed land
$33,840
Assessed improvement
$349,580
Total market value
$8,520,350
Applied tax rate
195.0000
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
1950
Heating
SPACE
Cooling
NONE
Stories
1
Rooms
3
Bathrooms
1
Total area
504 SF
Lot
2.61 ac (113,692 SF)
Zoning code
R20
APN
0533.04-01-016.00
UPID
US77-1385936
Jurisdiction
GREENVILLE
Zoning & alternative use
R20 · Greer, SC
Zoning R20 · permitted uses
R20 · Greer, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
SPACE
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
2.61 ac
Current owner
From public records · entity-resolved
Ps Southeast Two LLC
Entity
Mailing address
701 WESTERN AVE, GLENDALE, CA 91201-2349
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
$8,490,000
Ps Southeast Two LLC
Td Boiling Springs Storage LLC
Limited Warranty Deed
—
Feb 9, 2018
—
Td Boiling Springs Storage LLC
—
Grant Deed
related
$6,414,167 · Ameris Bk
May 23, 2017
$570,000
Td Boiling Springs Storage LLC
Smith,melissa G R
Grant Deed
—
Jun 2, 2008
—
Melissa G R Smith
Ross,thalia C
Grant Deed
—
Nov 1, 2006
$10
Thalia C Ross
Ross,richard J
Grant Deed
related
—
Jul 12, 2005
$10
Richard J Ross
Ross,thalia C
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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