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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Office buildings
2 Farrs Brg Rd, Greenville, SC 29617-1902
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-0356435
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
0.22 ac (9,583 SF)
Zoning code
C2
APN
B016.00-02-013.00
UPID
US77-0356435
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
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Ae Properties LLC · 4 yrs held
Ae Properties LLC
since 2022
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
C2 · Greenville, SC
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$1,165,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.02M (May 13 2022)
Last sale anchor
$1.02M
May 13 2022
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
—
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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,546
Tax year 2023
Assessed value
$26,860
Assessed 2023
Previous assessed
$26,380
+1.8% YoY
Effective rate
39.26%
On assessed value
Assessed land
$14,520
Assessed improvement
$12,340
Land market value
$242,000
Improvement market value
$205,700
Total market value
$447,700
Applied tax rate
308.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
0.22 ac (9,583 SF)
Zoning code
C2
APN
B016.00-02-013.00
UPID
US77-0356435
Jurisdiction
GREENVILLE
Zoning & alternative use
C2 · Greenville, SC
Zoning C2 · permitted uses
C2 · Greenville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Ae Properties LLC
Entity
Mailing address
6 ABERDARE CT, GREENVILLE, SC 29615-2401
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2022
$1,020,000
Ae Properties LLC
Norman Resource Group LLC
Deed
$816,000 · Bank Of Travelers Rest
Sep 6, 2019
$450,000
Norman Resource Group LLC
Chastain Sample Group LLC
Deed
$366,350 · Td Bank NA
Jan 30, 2015
$350,000
Chastain Sample Group LLC
Ty Investments LLC
Grant Deed
—
Jul 28, 2008
$375,000
Ty Investments LLC
Two Stores LLC
Warranty Deed
$352,000 · Coastal Bank
Oct 22, 2004
$282,500
Two Stores LLC
Palmetto Lubes INC
Grant Deed
$465,000 · Palmetto Bank
Oct 20, 2003
$113,000
Palmetto Lubes INC
—
Grant Deed
related
—
Feb 13, 2001
$169,056
Midwest First Fin LP IV
—
Grant Deed
related
—
—
—
Two Stores LLC
—
Deed Of Trust
related
$100,000 · Palmetto Bank
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.
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