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    157 Zion School Rd Easley, SC 29642
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    157 Zion School Rd, Easley, SC 29642

    View on Map
    • Commercial real estate
    • 46.00 lot acres
    Off-Market
    Property ID
    US77-1445712
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 157 Zion School Rd

    Lot size
    46.00 lot acres
    Property type
    Commercial real estate
    APN
    5018-91-4762

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 5, 2026 $500 Lee Christopher Anne Lackey Deed —
    Sep 10, 2025 — Betty Ann Lackey Betty Ann Lackey Deed · related —

    Description

    This exceptional 46-acre parcel of vacant land presents a remarkable development opportunity in Easley, South Carolina. Located at 157 Zion School Road, this property boasts convenient access to Calhoun Memorial Highway's retail corridor and is situated within approximately half a mile of Easley High School. The land is currently unzoned, offering flexibility for various development projects. Sewer availability exists, contingent upon annexation into the City of Easley. The surrounding area is characterized by established residential neighborhoods, providing a desirable context for future development. With a 2023 traffic count of 12,300 vehicles per day on nearby SC Highway 8, this location offers significant visibility and accessibility. The property's asking price is $1,610,000, translating to approximately $35,000 per acre. The Pickens County Tax Map Number is 5018-91-4762. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Easley
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.600849
    Latitude
    34.795705

    Comparable in this City

    • $5,261,543
      Pending

      Easley Land for Development

      18.49 acres off Highway 123, ideal for development.
      4875 Calhoun Memorial Hwy, Easley, SC 29642
      View Details
    • New
      $689,500
      31.00 Acres

      Unrestricted Acreage in Easley, SC

      31 acres near Greenville, Clemson, and Anderson with metal building.
      156 Zion School Rd, Easley, SC 29642
      View Details
    • $999,900
      4.27 Acres

      Land Borders Southern Oaks Golf

      4.27 acres bordering golf course, ideal for homes or business.
      8426 81 Hwy N, Easley, SC 29642
      View Details
    • $999,900
      4.27 Acres

      Land Borders Southern Oaks Golf

      4.27 acres bordering golf course, ideal for development.
      8426 81 Hwy N, Easley, SC 29642
      View Details
    • $45,000
      0.67 Acres

      Creekside Land in Easley, SC

      Two adjoining lots totaling 0.67 acres backing up to creek.
      103 Quail Hvn & Odom Rd Dr, Easley, SC 29642
      View Details
    • $92,000
      0.65 Acres

      Residential Lot in Audubon Acres

      Large lot in desirable Pickens County subdivision, ideal for building.
      260 Audubon Acres Dr, Easley, SC 29642
      View Details

    Similar Nearby for Sale

    • $5,261,543
      Pending

      Easley Land for Development

      18.49 acres off Highway 123, ideal for development.
      4875 Calhoun Memorial Hwy, Easley, SC 29642
      View Details
    • New
      $689,500
      31.00 Acres

      Unrestricted Acreage in Easley, SC

      31 acres near Greenville, Clemson, and Anderson with metal building.
      156 Zion School Rd, Easley, SC 29642
      View Details
    • $999,900
      4.27 Acres

      Land Borders Southern Oaks Golf

      4.27 acres bordering golf course, ideal for homes or business.
      8426 81 Hwy N, Easley, SC 29642
      View Details
    • $999,900
      4.27 Acres

      Land Borders Southern Oaks Golf

      4.27 acres bordering golf course, ideal for development.
      8426 81 Hwy N, Easley, SC 29642
      View Details
    • $45,000
      0.67 Acres

      Creekside Land in Easley, SC

      Two adjoining lots totaling 0.67 acres backing up to creek.
      103 Quail Hvn & Odom Rd Dr, Easley, SC 29642
      View Details
    • $92,000
      0.65 Acres

      Residential Lot in Audubon Acres

      Large lot in desirable Pickens County subdivision, ideal for building.
      260 Audubon Acres Dr, Easley, SC 29642
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,589 SF

      Office Space in Easley, SC

      Office space available for lease in Easley, South Carolina.
      810 Powdersville Rd, Easley, SC 29642
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on Highway 123

      Retail space in Easley's trade area with high visibility.
      6811 Calhoun Memorial Hwy, Easley, SC 29642
      View Details
    • Contact for pricing
      12,538 SF

      Retail Space in High-Traffic Area

      Retail space with strong tenant mix and high visibility.
      6101 Calhoun Memorial Hwy, Easley, SC 29642
      View Details
    • Contact for pricing
      2,100 SF

      Easley Office Space Available

      Office space available for lease in Easley, South Carolina.
      836 Powdersville Rd, Easley, SC 29642
      View Details
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    Easley, SC 29642
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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.

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