Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16 Marguerite St Pelzer, SC 29669-1178

    • Investment properties
    • 5,968 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimations
    $925,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1866619
    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

    • Investment properties

    Property Details for 16 Marguerite St

    Year built
    1996
    Lot size
    0.48 lot acres
    Property size
    5,968 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    243-07-01-024
    APU
    2430701024

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,240,000
      6.5%
      $1,145,000
      7%
      $1,065,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $942,000
      Market price range: $263k - $1.22M
      AI Estimate
      $683,000
      Market price range: $275k - $683k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $670,000
      Current use
      OFFICE BUILDING
      $1,010,000
      Change: +51% Conversion: Easy
      RESTAURANT
      $890,000
      Change: +33% Conversion: Difficult
      RETAIL STORES
      $650,000
      Change: -3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pelzer
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.4744
    Latitude
    34.6465
    CBSA code
    24860
    CBSA name
    GREENVILLE-ANDERSON, 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
    $5,430
    $2,160
    $18,000
    $20,160
    -
    $0.00
    $0.00
    $336,000

    Comparable in this City

    • Value Estimation
      $715,000
      5,105 SF

      199 Ml Stf-h

      OFFICE/RESIDENTIAL (MIXED USE) • 5,105 SF
      199 Ml Stf-h, Pelzer, SC 29669-1249
      View Details
    • Value Estimation
      $905,000
      5,781 SF

      18 Marguerite St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,781 SF
      18 Marguerite St, Pelzer, SC 29669-1179
      View Details
    • Value Estimation
      $720,000
      5,132 SF

      199 Mill St, Unit A-D

      OFFICE/RESIDENTIAL (MIXED USE) • 5,132 SF
      199 Mill St, Pelzer, SC 29669-1249
      View Details
    • Value Estimation
      $905,000
      5,781 SF

      20 Marguerite St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,781 SF
      20 Marguerite St, Pelzer, SC 29669-1180
      View Details
    • Value Estimation by Request
      12.54 Acres

      Pelzer, SC 29669

      RETAIL STORES (PERSONAL SERVICES) • 12.54 Acres
      Pelzer, SC 29669
      View Details
    • Value Estimation by Request
      1.00 Acre

      534 Hwy 8th 8

      AUTO REPAIR, GARAGE • 1.00 Acre
      534 Hwy 8th 8, Pelzer, SC 29669-9203
      View Details

    Similar Nearby for Sale

    • $245,000

      Unrestricted Acreage with Pasture

      Unrestricted land featuring pasture, hardwoods, and pines.
      629 Spearman Rd, Pelzer, SC 29669
      View Details
    • $238,000
      10.81 Acres

      Pelzer Acreage with Creek

      10.18 acres near Donaldson Center with creek and trees.
      00 Beech Springs Rd, Pelzer, SC 29669
      View Details
    • $164,900

      Mobile Home on Large Lot

      Two-bedroom mobile home on 1.79 acres in Pelzer, SC.
      112 Berry Glen Rd, Pelzer, SC 29669
      View Details
    • $385,000

      Pasture Land Near Historic Farm

      Two tracts of land suitable for farming or homesteading.
      890 Old Hundred Rd, Pelzer, SC 29669
      View Details
    • $574,000
      15.96 Acres

      Pelzer Acreage with Road Frontage

      15.96 acres in Anderson School District One.
      00 Joe Black Rd, Pelzer, SC 29669
      View Details
    • $599,999
      14.00 Acres

      Pelzer Acreage for Custom Home

      14 acres of land, ideal for building a dream home.
      W Georgia Rd, Pelzer, SC 29669
      View Details

    Similar Nearby for Lease

    • $32 SF/Yr
      4,800 SF

      Prime Retail Space Hwy 290

      Four suites, 1200 sq ft each, pre-leasing.
      0 Moore Duncan Hwy, Woodville, SC 29669
      View Details
    • $1,000 /Mo
      840 SF

      Updated Office Space For Rent

      Recently updated office space suitable for various professional services.
      69 Main St, Pelzer, SC 29669
      View Details
    • Contact for pricing
      58,500 SF

      Industrial Space in Midway Park

      BTS industrial space for sale or lease in Pelzer, SC.
      Midway Rd, Pelzer, SC 29669
      View Details
    • $3 SF/Yr
      31,000 SF

      Pelzer Industrial Barn Lease

      Spacious barn & office, ideal for various uses.
      186 Woodville Rd, Pelzer, SC 29669
      View Details
    • Contact for pricing
      187,200 SF

      Industrial Space in Growing Hub

      187,200-SF industrial building for lease near I-85.
      1636 Easley Hwy, Pelzer, SC 29669
      View Details
    • Contact for pricing
      58,500 SF

      Industrial Space Near I-85

      Industrial space available for rent, close to I-85.
      Midway Rd, Pelzer, SC 29669
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16 Marguerite St
    Pelzer, SC 29669-1178
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.