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Property profile & analytics
FOR SALE
Retail properties & Spaces
15740 Highway 11 N Salem, SC 29676
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1647719
For Sale
1 / 5
$3,150,000
15740 Highway 11 N, Salem, SC 29676
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
ROADSIDE MARKET
Year built
2007
Total area
9,709 SF
Lot
6.63 ac (288,803 SF)
APN
056-00-03-030
UPID
US77-1647719
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
$1.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Keowee Towne Center Market LLC · 2 yrs held
Keowee Towne Center Market LLC
since 2024
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
$1,480,000
ML approach
$1,480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$990,000
Change: 0% · Conversion: Difficult
RESTAURANT
$975,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$890,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±10% · vs last sale $1.48M (Feb 16 2024)
Last sale anchor
$1.48M
Feb 16 2024
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
$152 / SF
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
Property tax & assessments
Assessed value
$87,081
Assessed 2023
Previous assessed
$87,081
+0.0% YoY
Assessed land
$7,960
Assessed improvement
$79,121
Land market value
$199,000
Improvement market value
$1,978,030
Total market value
$2,177,030
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
ROADSIDE MARKET
Status
For Sale
Year built
2007
Heating
NONE
Buildings
4
Total area
9,709 SF
Lot
6.63 ac (288,803 SF)
APN
056-00-03-030
UPID
US77-1647719
Jurisdiction
OCONEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$990,000
RESTAURANT
Est. value
$975,000
COMMERCIAL (GENERAL)
Est. value
$890,000
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Buildings
4
Lot
6.63 ac
Current owner
From public records · entity-resolved
Keowee Towne Center Market LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1677 HWY 78, MONROE, GA 30655
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
Keowee Towne Center Market LLC
—
Deed
related
$1,775,000 · United Bank
Sep 3, 2024
—
Keowee Towne Center Market LLC
—
Deed
related
$14,846,000 · American Commerce Bank NA
Feb 16, 2024
$1,480,501
Keowee Towne Center Market LLC
Michael J Mccloskey
Limited Warranty Deed
—
Nov 15, 2012
—
Mccloskey 1989 Trust
Mccloskey LLC
Quit Claim Deed
related
—
Mar 22, 2012
$911,000
Mccloskey LLC
Whitfield,beverly
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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