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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Drive through restaurants
1534 Woodruff Rd Greenville, SC 29607-5742
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-1375701
Property summary
AI-generated overview
This 1,400 square foot former Sonic Drive-In restaurant presents a unique redevelopment opportunity in the heart of Greenville's Woodruff Road retail corridor. Situated on a 0.74-acre lot within Mauldin City limits, this single-tenant property offers exceptional visibility and accessibility. The property boasts two curb cuts on Woodruff Road, providing convenient ingress and egress. Additional access via Tanner Road allows for easy connection to Butler Road and Highway 385, bypassing Woodruff Road congestion. The property is zoned C-1 City of Mauldin (APN: 0547030102510) and is currently vacant. The seller is open to build-to-suit (BTS) and ground lease options, in addition to an outright sale. This location benefits from its proximity to major thoroughfares and high traffic counts, making it ideal for a variety of retail uses. Consider this property for its strong location and flexible development possibilities. The address is 1534 Woodruff Road, Greenville, SC 29607, with cross streets of Butler Road and Tanner Road.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1994
Lot
0.7 ac (30,492 SF)
Zoning code
C-1
APN
0547.03-01-025.10
UPID
US77-1375701
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
$1.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Desai Sc Holdings LLC · 4 yrs held
Desai Sc Holdings LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C-1 · 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
Method
Estimation
Statistic approach
$1,445,000
ML approach
$1,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.54M (Apr 1 2022)
Last sale anchor
$1.54M
Apr 1 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
—
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
$28,929
Tax year 2023
Assessed value
$86,190
Assessed 2023
Previous assessed
$50,140
+71.9% YoY
Effective rate
33.56%
On assessed value
Assessed land
$48,300
Assessed improvement
$37,890
Land market value
$805,000
Improvement market value
$631,560
Total market value
$1,436,560
Applied tax rate
799.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1994
Heating
NONE
Lot
0.7 ac (30,492 SF)
Zoning code
C-1
APN
0547.03-01-025.10
UPID
US77-1375701
Jurisdiction
GREENVILLE
Zoning & alternative use
C-1 · Greenville, SCZoning C-1 · permitted uses
C-1 · Greenville, 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
1994
Heating
NONE
Lot
0.7 ac
Current owner
From public records · entity-resolved
Desai Sc Holdings LLC
Entity
Mailing address
9 COACHMAN DR, ROSLYN, NY 11576-3119
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
$1,541,403
Desai Sc Holdings LLC
Afg SR Re LLC
Special Warranty Deed
—
Jul 19, 2021
—
Afg SR Re LLC
—
Deed
related
—
Mar 26, 2021
$850,000
Afg SR Re LLC
Dagg II LLC
Limited Warranty Deed
—
Mar 26, 2021
—
Afg SR Re LLC
Dagg II LLC
Quit Claim Deed
related
$12,000,000 · Iborrow Credit LP
Mar 6, 2017
$850,000
Dagg II LLC
Screp LLC
Limited Warranty Deed
$9,250,000 · Umb Bank NA
Sep 2, 2016
—
Screp LLC
—
Deed
related
$26,000 · Bmo Harris Bank NA
—
—
Screp Ltd
—
Deed Of Trust
related
$2,000,000 · Wachovia Bank NA
—
—
Screp Ltd
—
Deed Of Trust
related
$400,000 · Rbc Centura 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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