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Property profile & analytics
OFF-MARKET
Turn key restaurants
1411 Grv Rd Greenville, SC 29605-4719
Individually Owned
Free & Clear
Property ID
US77-0414912
Property summary
AI-generated overview
Prime Greenville, SC retail opportunity: A well-established, 4,400 square foot restaurant, Classic's Deli and Catering, is available for $900,000. This C-Class property, built in 1998, sits on a 0.69-acre lot zoned C2, offering significant potential. The business has a long history in the community, known for its dine-in service and catering. The building includes a spacious living area with three bedrooms, one bathroom, and a fenced back terrace, adding considerable value beyond the restaurant operation. The asking price equates to $204.55 per square foot. Located at 1411 Grove Rd, Greenville, SC 29605, this property benefits from its high-traffic location. The seller may consider selling the real estate and business separately. This presents a unique chance to acquire a profitable, established business with significant upside in a desirable Greenville location.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1998
Lot
0.69 ac (30,056 SF)
Zoning code
C2
APN
WG01.01-02-004.00
UPID
US77-0414912
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
-
Classic's Deli & Catering Food Market Restaurant
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
Devendra R Patel
Devendra R Patel
since 2026
2 recorded transactions
Zoning & alternative use
C2 · Greenville, 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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$6,362
Tax year 2023
Assessed value
$15,930
Assessed 2023
Previous assessed
$15,930
+0.0% YoY
Effective rate
39.94%
On assessed value
Assessed land
$2,070
Assessed improvement
$13,860
Land market value
$34,500
Improvement market value
$231,070
Total market value
$265,570
Applied tax rate
156.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1998
Heating
NONE
Lot
0.69 ac (30,056 SF)
Zoning code
C2
APN
WG01.01-02-004.00
UPID
US77-0414912
Jurisdiction
GREENVILLE
Zoning & alternative use
C2 · Greenville, SC
Zoning C2 · permitted uses
C2 · Greenville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
Devendra R Patel
Individual
Free & Clear · 0 yrs held
Mailing address
1411 GRV RD, GREENVILLE, SC 29605-4719
Ownership since
2026
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
Feb 16, 2026
$750,000
Devendra R Patel
Psm Holdings LLC
Deed
—
Mar 9, 2005
$300,000
Psm Holdings LLC
Cochran,jack
Grant Deed
—
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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