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    1930 Poinsett Hwy Greenville, SC 29609-2851
    Property profile & analytics

    1930 Poinsett Hwy, Greenville, SC 29609-2851

    View on Map

    • Auto shops
    • 1.03 lot acres
    Off-Market
    Last Sale Dec 23, 2024
    $2,741,000
    Property ID
    US77-0149717
    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
    $2,740,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jiffy Lube / Auto Repair Shop

    Property Details for 1930 Poinsett Hwy

    Lot size
    1.03 lot acres
    Zone code
    C-2
    Property type
    Auto shops
    APN
    0440.00-05-001.02
    APU
    440000500102

    Description

    This exceptional investment opportunity presents a 2,400 square foot Jiffy Lube located at 1930 Poinsett Hwy, Greenville, SC 29609. The property sits on a 1.04-acre lot and benefits from an absolute triple-net (NNN) lease with a corporate guarantee, offering significant passive income potential. Built in 2017, the lease commenced October 1, 2017, and expires August 31, 2037, with a remaining term of approximately 12.8 years. The lease includes four, five-year renewal options and features a 10% rent increase every five years, with the next increase scheduled for 2027. The property boasts a highly visible location on Poinsett Highway, experiencing over 35,000 vehicles per day, and is conveniently located within a 10-minute drive of downtown Greenville. This Jiffy Lube consistently performs well, ranking 13th out of 42 locations statewide, demonstrating year-over-year traffic growth. The surrounding area is affluent, with an average household income exceeding $80,681 and substantial consumer spending. The property's strategic location is adjacent to a high-performing Lowe's store, further enhancing its visibility and appeal. The asking price is $2,806,010, representing a price per square foot of $1,169.17 and a cap rate of 6.35%. The current Net Operating Income (NOI) is $178,181. This investment offers a secure and stable return in a thriving retail environment, close to other major retailers including Cherrydale Point Shopping Center and popular restaurants.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,740,000
      ML approach
      $2,740,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.4082
    Latitude
    34.894
    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
    $32,524
    $35,000
    $47,900
    $82,900
    -
    $583,250
    $798,390
    $1,381,640
    More about this property
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