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Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Retail space
241 Main St Greenville, SC 29601-2115
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US77-2853549
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.06 ac (2,614 SF)
Zoning code
C4
APN
0002.00-06-028.00
UPID
US77-2853549
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
-
MAKE MADE Jewelry (Bike/Boat/Book/etc) Store
-
key architecture Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
Ffrei 241 Main LLC · 2 yrs held
Ffrei 241 Main LLC
since 2023
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
C4 · Greenville, 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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$1,825,000
ML approach
$1,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±10% · vs last sale $1.90M (Aug 18 2023)
Last sale anchor
$1.90M
Aug 18 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
$19,604
Tax year 2023
Assessed value
$54,060
Assessed 2023
Previous assessed
$54,060
+0.0% YoY
Effective rate
36.26%
On assessed value
Assessed land
$17,690
Assessed improvement
$36,370
Land market value
$294,790
Improvement market value
$606,100
Total market value
$900,890
Applied tax rate
501.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
0.06 ac (2,614 SF)
Zoning code
C4
APN
0002.00-06-028.00
UPID
US77-2853549
Jurisdiction
GREENVILLE
Zoning & alternative use
C4 · Greenville, SCZoning C4 · permitted uses
C4 · Greenville, 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
Heating
NONE
Lot
0.06 ac
Current owner
From public records · entity-resolved
Ffrei 241 Main LLC
Entity
Mailing address
106 OAKVIEW DR, GREENVILLE, SC 29605-1819
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2023
$1,900,000
Ffrei 241 Main LLC
Demarais Family Enterprises LLC
Warranty Deed
—
Jun 25, 2019
—
Demarais Family Enterprises LLC
—
Deed
related
$400,000 · First Citizens Bank & Trust Co
Sep 27, 2013
$850,000
Demarais Family Ents LLC
Small Potatoes LLC
Warranty Deed
$500,000 · Certusbank NA
May 3, 2011
$650,000
Small Potatoes LLC
14 Chapel LLC
Grant Deed
$620,000 · Bank Of Travelers Rest
Apr 27, 2011
—
14 Chapel LLC
Kiriakides,michael W
Grant Deed
—
Nov 21, 2007
$995,000
14 Chapel LLC
Kiriakides,michael W
Grant Deed
$400,000 · Carolina First Bank
—
—
Michael W Kiriakides
—
Deed Of Trust
related
$350,000 · Grandsouth Bank
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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