Property profile

201 Applewood Center Pl Seneca, SC 29678

FOR LEASE
Retail properties & Spaces
Property ID
US77-1853698
71,010 SF 5.17 ac lot Built 1983
Entity Owned 5-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Home Appliance Store
  • Home Decor Store Department Store

Location

201 Applewood Center Pl Seneca, SC 29678
Seneca metro Census 30802 SENECA, SC MICROPOLITAN STATISTICAL AREA
Google Maps

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

since 2021
2 recorded transactions
2021
Price N/A
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $8.4M +21.4%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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