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Property profile & analytics
FOR LEASE
Distribution centers
2311 Airport Rd, Greer, SC 29651
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-0876041
For Lease
$1,100,000
2311 Airport Rd, Greer, SC 29651
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Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1995
Lot
4.1 ac (178,596 SF)
Zoning code
I1
APN
0529.02-01-015.01
UPID
US77-0876041
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
-
ETS Sales And Service Car Dealership
-
Stevens Towing Auto Repair Shop Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Upstate Commercial Holding LLC · 2 yrs held
Upstate Commercial Holding LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
I1 · Greer, 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 Greer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greer 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
$1,005,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Sep 7 2023)
Last sale anchor
$1.10M
Sep 7 2023
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
$14,057
Tax year 2023
Previous assessed
$40,560
Applied tax rate
207.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1995
Heating
NONE
Lot
4.1 ac (178,596 SF)
Zoning code
I1
APN
0529.02-01-015.01
UPID
US77-0876041
Jurisdiction
GREENVILLE
Zoning & alternative use
I1 · Greer, SC
Zoning I1 · permitted uses
I1 · Greer, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
4.1 ac
Current owner
From public records · entity-resolved
Upstate Commercial Holding LLC
Entity
Free & Clear · 2 yrs held
Mailing address
399 FERN HOUSE WALK, MOUNT PLEASANT, SC 29464-7825
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2026
—
Upstate Commercial Holdings Ll
—
Deed
related
$2,052,000 · Fidelity Bank
Sep 15, 2023
$1,100,000
Upstate Commercial Holding LLC
Lincoln LLC
Re-recorded Document
related
—
Sep 7, 2023
$1,100,000
Upstate Commercial Holding LLC
Lincoln LLC
Special Warranty Deed
$2,136,000 · First Bank
Sep 7, 2023
—
Upstate Commercial Holdings LLC
—
Deed
related
$250,000 · Eastside Transportation Services INC
Jan 7, 2021
—
Lincoln LLC
—
Deed
related
$499,500 · Arthur State Bank
Nov 29, 2018
—
Lincoln LLC
—
Deed
related
$480,000 · Arthur State Bank
Oct 26, 2017
—
Lincoln LLC
—
Trustees Deed
related
$90,000 · Arthur St Bk
Nov 30, 2016
—
Lincoln LLC
—
Deed
related
$425,000 · Arthur State Bank
Apr 1, 2005
$575,000
Lincoln LLC
Skyline Transportation INC
Grant Deed
—
—
—
Lincoln LLC
—
Deed Of Trust
related
$492,000 · Arthur St Bk/myrtle Bch
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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