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Property profile & analytics
OFF-MARKET
Estimated value
$5,045,000
Medical Office Space
220 Pendleton St, Easley, SC 29640-3048
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-1208024
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Construction
FRAME
Total area
12,388 SF
Lot
2.24 ac (97,618 SF)
Zoning code
CORE COMMERCIAL DIST
APN
5019-16-83-7089
UPID
US77-1208024
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
-
Dr. Catherine S. Bowden, OD Doctor Optometrist
-
Dr. Mark H. Cook, MD Ophthalmologist
-
Dr. David M. Bowden MD Ophthalmologist
-
Jervey Eye Group, PA Ophthalmologist
-
Dr. Val Dyches Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.05M
Owner & transaction history
Kre Hcre Sc O Wner LLC · 4 yrs held
Kre Hcre Sc O Wner LLC
since 2021
Last sale
$5.1M
3 recorded transactions
Zoning & alternative use
CORE COMMERCIAL DIST · Easley, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+53.1%
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 Easley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easley 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
$5,030,000
ML approach
$4,990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,420,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$5.05M
Range $4.54M – $5.55M · ±10% · vs last sale $5.08M (Sep 8 2021)
Last sale anchor
$5.08M
Sep 8 2021
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
$407 / SF
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
$57,071
Tax year 2023
Assessed value
$226,270
Assessed 2023
Previous assessed
$226,260
+0.0% YoY
Effective rate
25.22%
On assessed value
Assessed land
$30,000
Assessed improvement
$196,270
Land market value
$500,000
Improvement market value
$3,271,100
Total market value
$3,771,100
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
12,388 SF
Lot
2.24 ac (97,618 SF)
Zoning code
CORE COMMERCIAL DIST
APN
5019-16-83-7089
UPID
US77-1208024
Jurisdiction
PICKENS
Zoning & alternative use
CORE COMMERCIAL DIST · Easley, SC
Zoning CORE COMMERCIAL DIST · permitted uses
CORE COMMERCIAL DIST · Easley, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Easley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.4M
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
2.24 ac
Current owner
From public records · entity-resolved
Kre Hcre Sc O Wner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
8902 N MERIDIAN ST STE #205, INDIANAPOLIS, IN 46260-5369
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
$5,080,688
Kre Hcre Sc O Wner LLC
Cci Pendleton LLC
Limited Warranty Deed
—
Jun 30, 2020
$3,762,759
Cci Pendleton LLC
Jervey Real Properties LLC
Limited Warranty Deed
$43,899,622 · First Citizens Bank & Trust Co
Oct 30, 2017
—
Jervey Real Properties LLC
—
Deed
related
$13,689 · First Citizens Bank & Trust Co
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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