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

    14215 Wade Hampton Blvd Greer, SC 29651-1557

    • Grocery and convenience stores
    • 3,225 SF
    • 0.91 lot acres
    OFF-MARKET
    Last Sale
    Jan 02, 2020
    $850,000
    Value Estimations
    $870,000
    Show details
    Cap Rate Potential
    8.2%
    Grocery and convenience stores
    Location Intelligence
    Property ID
    US77-1250661
    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

    • Xpress Fuel / Gas Station
    • Halal Food Express / Fast Food Restaurant
    • ATM (Kangaroo Express) / Atm
    • Taqueria Mexicana / Mexican Restaurant
    • LibertyX Bitcoin ATM / Atm

    Property Details for 14215 Wade Hampton Blvd

    Year built
    1999
    Construction
    CONCRETE BLOCKS
    Lot size
    0.91 lot acres
    Property size
    3,225 SF
    Property type
    Grocery and convenience stores
    APN
    9-0310-06500
    APU
    9031006500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $770,000
      ML approach
      $920,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,060,000
      6.5%
      $975,000
      7%
      $905,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $860,000
      Market price range: $271k - $861k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,020,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Greer
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.2151
    Latitude
    34.9471
    CBSA code
    43900
    CBSA name
    SPARTANBURG, 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
    $21,156
    $25,902
    $29,244
    $55,146
    -
    $431,700
    $487,400
    $919,100

    Comparable in this City

    • Value Estimation by Request
      1.30 Acres

      308 Poinsett St

      CONVENIENCE STORE • 1.30 Acres
      308 Poinsett St, Greer, SC 29651-3709
      View Details
    • Value Estimation
      $520,000
      2,700 SF

      1866 Hwy 101st S

      CONVENIENCE STORE • 2,700 SF
      1866 Hwy 101st S, Greer, SC 29651-7115
      View Details
    • Value Estimation
      $600,000
      1.86 Acres

      Groce Mdw Rd

      CONVENIENCE STORE • 1.86 Acres
      Groce Mdw Rd, Greer, SC 29651
      View Details
    • Value Estimation by Request
      3,344 SF

      200 Arlington Rd

      CONVENIENCE STORE • 3,344 SF
      200 Arlington Rd, Greer, SC 29651-2522
      View Details
    • Value Estimation by Request
      2,400 SF

      211 Frontage Rd

      CONVENIENCE STORE • 2,400 SF
      211 Frontage Rd, Greer, SC 29651-9001
      View Details
    • Value Estimation by Request
      0.78 Acres

      3100 Hwy 14

      CONVENIENCE STORE • 0.78 Acres
      3100 Hwy 14, Greer, SC 29651-5326
      View Details

    Similar Nearby for Sale

    • $1,600,000
      0.63 Acres

      Adaptable Commercial Building on Wade Hampton

      Freestanding 13,600 SF commercial building with multi-occupancy flexibility.
      14629 E Wade Hampton Blvd, Greer, SC 29651
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    • $355,000

      Auto Garage Near Wade Hampton

      Commercial property with auto garage, office, and ample parking.
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    • $1,850,000
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      Greer Flex Space: Main Street Gem

      14,200 SF Flex Space - $1.85M
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    • $2,450,000
      7,700 SF

      Downtown Greer Executive Office Building

      7,700 SF Executive Office, prime location.
      118 Victoria St, Greer, SC 29651
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    • $1,770,000
      1.18 Acres

      Prime Greer Commercial Land

      1.18 Acres, High Visibility, Ready to Build
      12503 Wade Hampton Blvd, Greer, SC 29651
      View Details
    • $195,000
      2.11 Acres

      Prime Greer Commercial Land

      2.11 Acres, Zoned CG, $195,000
      0 Austin St, Greer, SC 29651
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      2,100 SF

      Greer Retail/Office/Medical Space For Rent

      Flexible 2,100 SF space ideal for retail, office, or medical.
      1317 West Poinsett Street Ext, Greer, SC 29651
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    • Contact for pricing
      2,994 SF

      Retail Space in Hillview Plaza

      Retail space available in a Walmart shadow-anchored shopping center.
      14019 E Wade Hampton Blvd, Greer, SC 29651
      View Details
    • $28 SF/Yr
      12,000 SF

      Greer Retail Center Opportunity

      High-traffic retail space, Greer, SC
      1963 Sc-101, Greer, SC 29651
      View Details
    • Contact for pricing
      2,400 SF

      Greer Retail & Restaurant Space

      Retail, restaurant, and medical office spaces available for lease.
      2000 Highway 101 S, Greer, SC 29651
      View Details
    • $20 SF/Yr
      3,394 SF

      Retail Space in Mixed-Use Development

      Retail space available within a Class A mixed-use development.
      221 Cannon St, Greer, SC 29651
      View Details
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    Greer, SC 29651-1557
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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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