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Property profile & analytics
OFF-MARKET
Estimated value
$8,710,000
Individual retail properties
240 Elm St Clemson, SC 29631-2950
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-2561528
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2016
Total area
1,276 SF
Lot
2.86 ac (124,582 SF)
Zoning code
RM 4 MULTI FAM RES DIST
APN
4044-11-65-9810
UPID
US77-2561528
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
-
The Estate Clemson Student Housing Center
-
District at Clemson Student Housing Center Real Estate Agency
-
The District at Clemson Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.71M
Owner & transaction history
Sq Clemson LLC · 4 yrs held
Sq Clemson LLC
since 2021
Last sale
$8.7M
3 recorded transactions
Zoning & alternative use
RM 4 MULTI FAM RES DIST · Clemson, 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 Clemson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clemson 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
$8,660,000
ML approach
$8,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.71M
Range $7.84M – $9.58M · ±10% · vs last sale $8.74M (Nov 22 2021)
Last sale anchor
$8.74M
Nov 22 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
$6,826 / 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
$111,741
Tax year 2023
Assessed value
$7,574,380
Assessed 2023
Previous assessed
$7,574,380
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$51,480
Assessed improvement
$7,522,900
Land market value
$1,144,000
Improvement market value
$167,175,800
Total market value
$168,319,800
Applied tax rate
5.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2016
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
21
Rooms
4
Bathrooms
86
Total area
1,276 SF
Lot
2.86 ac (124,582 SF)
Zoning code
RM 4 MULTI FAM RES DIST
APN
4044-11-65-9810
UPID
US77-2561528
Jurisdiction
PICKENS
Zoning & alternative use
RM 4 MULTI FAM RES DIST · Clemson, SCZoning RM 4 MULTI FAM RES DIST · permitted uses
RM 4 MULTI FAM RES DIST · Clemson, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2016
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
21
Rooms
4
Bathrooms
86
Lot
2.86 ac
Current owner
From public records · entity-resolved
Sq Clemson LLC
Entity
Free & Clear · 4 yrs held
Mailing address
206 EDGEWOOD AVE NEA, ATLANTA, GA 30303-3027
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
Jun 29, 2023
—
Sq Clemson I LLC
—
Deed
related
$70,250,000 · Everlake Life Insurance Compan
Nov 22, 2021
$8,742,857
Sq Clemson LLC
Estate At Clemson LLC
Deed
—
Nov 22, 2021
—
Sq Clemson I LLC
Estate At Clemson LLC
Quit Claim Deed
related
—
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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