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Property profile & analytics
FOR SALE
Medical Office Space

1502 E Greenville St Anderson, SC 29621

5,075 SF 0.61 ac lot Built 1976
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US77-0717196
Property summary
AI-generated overview

This exceptional 4,300 square foot Class B office building, constructed in 1976, is situated on a highly visible 0.61-acre corner lot in Anderson, South Carolina. The property boasts 150 feet of frontage on East Greenville Street, a major thoroughfare with a daily traffic count of 29,200 vehicles. Additional frontage of 170 feet is available on McLees Road. The single-story building offers versatile space currently configured as a medical office with lab space, making it ideal for a variety of uses. Its location is strategically positioned almost equidistant from AnMed Hospital and AnMed Health Campus, approximately 1.5 miles from each. The property features excellent ingress and egress, with convenient access to a signalized intersection at East Greenville and Cornelia Streets. While the existing building is in good condition and fully functional, the substantial lot size presents a compelling redevelopment opportunity for retail or other commercial uses. The asking price is $925,000. An adjacent parcel (1504 E. Greenville St.) is also available for purchase, presenting further expansion possibilities. This property offers a unique blend of immediate usability and significant long-term potential in a high-traffic location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1976
Total area 5,075 SF
Lot 0.61 ac (26,572 SF)
APN 148-09-02-006
UPID US77-0717196
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
  • Labtech Diagnostics Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$765k
Owner & transaction history
Us Properties Holdings LLC · 8 yrs held
Us Properties Holdings LLC
since 2018
7 recorded transactions
2021
Price N/A
2020
Price N/A
2018
Price N/A
2016
Price N/A
2016
Price N/A
2015
Price N/A
2014
$525,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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