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    201 1st Ave Easley, SC 29640-3038
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    Property profile & analytics

    201 1st Ave Easley, SC 29640-3038


    • Retail space
    • 6,258 SF
    Off-Market
    Last Sale Apr 24, 2025
    $950,000
    Property ID
    US77-0560840
    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
    $855,000
    Show details
    Cap Rate Potential
    7.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • SunTrust ATM / Atm

    Property Details for 201 1st Ave

    Year built
    1987
    Construction
    FRAME
    Property size
    6,258 SF
    Zone code
    CORE COMMERCIAL DIST
    Property type
    Retail space
    APN
    5019-16-93-5956
    APU
    501916935956

    Description

    This exceptional Class A office building, located at 201 E 1st Ave in Downtown Easley, SC 29640, presents a compelling investment or owner-user opportunity. The 6,258 square foot building, constructed in 2007, sits on a 1.033-acre lot and is zoned for Core Commercial use. Currently configured as a medical and traditional office space, the building features two stories, with 3,749 square feet available on the ground floor. The interior boasts 10 offices and multiple conference rooms, complemented by ample on-site parking. Recent interior and exterior renovations enhance the property's appeal. The asking price is $1,200,000, translating to $191.75 per square foot. The Net Operating Income (NOI) stands at $37,635. This property is a Triple Net (NNN) lease. Its strategic location in the thriving Downtown Easley area offers excellent visibility and accessibility, making it ideal for a variety of businesses. The surrounding area demonstrates strong demographic indicators, including favorable household income and population density within a 1, 3, and 5-mile radius. This presents a rare chance to acquire a well-maintained, high-quality office building in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $810,000
      ML approach
      $730,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,015,000
      6.5%
      $935,000
      7%
      $870,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $753,000
      Market price range: $375k - $920k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $665,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,180,000
      Change: +78% Conversion: Difficult
      MEDICAL BUILDING
      $1,130,000
      Change: +70% Conversion: Difficult
      OFFICE BUILDING
      $780,000
      Change: +17% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $645,000
      Change: -3% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $645,000
      Change: -3% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Easley
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.6009
    Latitude
    34.8297
    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
    $8,673
    $12,000
    $21,730
    $33,730
    -
    $200,000
    $362,200
    $562,200
    More about this property
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