Technical
Financial
Distress signals
Property profile

1705 Main St Anderson, SC 29621

OFF-MARKET
Office buildings
Property ID
US77-1225758
1,459 SF 0.36 ac lot Built 1981
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Class A office building, located at 1705 N Main St in Anderson, South Carolina, presents a compelling investment opportunity. The 1,459 square foot property is currently leased to 1st Capital Consumer and Title Loans, a long-term tenant occupying the entire space. The lease, expiring May 31, 2026, generates a substantial monthly rent of $1,784, translating to an annual rent of $21,408. Annual expenses are estimated at $4,513, resulting in a strong net operating income (NOI) of $16,895. This translates to an attractive cap rate of 6.57%. The asking price for this prime commercial real estate is $257,000, offering a price per square foot of $176.15. Situated on a highly desirable corridor in Anderson, this property represents a secure investment with significant potential for future growth. The property's location in Anderson County, South Carolina, zip code 29621, provides easy access to key transportation routes and local amenities. This is a rare chance to acquire a well-performing, established office building in a thriving market. The building's strong tenant history and favorable lease terms make it an ideal addition to any investment portfolio.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 1,459 SF
Lot 0.36 ac (15,680 SF)
APN 123-26-11-009
UPID US77-1225758

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service
  • Bank Loan Service

Location

1705 Main St Anderson, SC 29621-4761
Anderson metro Census 900 GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
Last sale
$300,000
3 recorded transactions
2025
$300,000
2021
$15,000
2016
$15,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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