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    FOR LEASE
    Retail properties & Spaces

    201 Applewood Center Pl, Seneca, SC 29678

    71,010 SF 5.17 ac lot Built 1983
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US77-1853698
    Property summary
    AI-generated overview

    Applewood Shopping Center presents a prime retail investment opportunity. This multi-tenant shopping center boasts a total of 244,693 square feet, with 22,100 square feet currently vacant. The property offers flexible space options, accommodating tenants requiring anywhere from 1,000 to a maximum contiguous 16,000 square feet. Its strategic location directly across the street from the 169-bed Oconee Medical Center (part of the Greenville Health System) ensures high visibility and a substantial customer base. Furthermore, its proximity to Clemson University (less than 10 miles away) provides access to a large student population and associated community. The center benefits from exceptional traffic counts, with 18,100 vehicles passing daily on US-76/Sandifer Boulevard, just west of the property. This combination of medical, educational, and high-traffic location makes Applewood Shopping Center an attractive prospect for a variety of retail businesses, restaurants, offices, or salons. The available spaces offer a unique chance to establish a presence in a thriving and well-connected community. The property's size and layout provide ample opportunity for expansion or customization to suit individual tenant needs.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group DEPARTMENT STORE
    Year built 1983
    Total area 71,010 SF
    Lot 5.17 ac (225,205 SF)
    APN 223-00-05-007
    UPID US77-1853698
    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
    Current use
    Occupant on record · Public records
    • Hobby Lobby (Bike/Boat/Book/etc) Store
    • Sears Appliance Repair Home Appliance Store
    • Kmart Home Decor Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.65M
    Blend (final) Blend
    $5.90M
    Owner & transaction history
    Evp Applewood LLC · 4 yrs held
    Evp Applewood LLC
    since 2021
    2 recorded transactions
    2021
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $8.4M +21.4%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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