Entity Owned Property summary
AI-generated overview
This exceptional freestanding retail building, located at 2455 Main St, Elgin, SC 29045, presents a compelling investment opportunity. Boasting 3,000 square feet of space, this single-tenant property sits on a 0.8-acre corner lot, providing excellent visibility and accessibility. The building, constructed in 1974, is classified as Class B and features ample parking with 26 spaces. Currently operating at 100% occupancy under a modified lease with approximately 2 years remaining, the property offers immediate cash flow. The asking price is $575,000, translating to a price per square foot of $191.67. Its prime location in Elgin's downtown commercial district (GC-1 zoning) places it directly across from a major shopping center, ensuring high foot traffic and convenient access to Interstate highways. The one-story building offers a straightforward layout and significant potential for future growth or redevelopment. The property's APN is E335-18-00-040. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving South Carolina market.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Total area
3,000 SF
Zoning code
MUNICIPAL
APN
E335-18-00-040
UPID
US77-1073107
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
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
since 2026
Last sale
$530,000
1 recorded transaction
Zoning & alternative use
MUNICIPAL · Elgin, SC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$280k
Value range
$252k – $308k
±10% around blend
Estimated value / SF
$93 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$252k
blend $280k
$308k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,000 SF
Year built
1930
Stories
1
APN
E335-18-00-040
Zoning
MUNICIPAL
Assessed value
$396,400
Annual tax
$1,269
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$280k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 28 sales
$105
-11%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $93/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$530k
Move the market yield to see immediate price impact.
Value / SF
$177
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$33k
$668k
$477k
$371k
$37k
$742k
$530k
$412k
$41k
$816k
$583k
$453k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,269
Tax year 2023
Assessed value
$396,400
Assessed 2023
Previous assessed
$396,400
+0.0% YoY
Effective rate
0.32%
On assessed value
Assessed land
$300,000
Assessed improvement
$96,400
Total market value
$396,400
Applied tax rate
278.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
1
Total area
3,000 SF
Zoning code
MUNICIPAL
APN
E335-18-00-040
UPID
US77-1073107
Jurisdiction
KERSHAW
Zoning & alternative use
MUNICIPAL · Elgin, SCZoning MUNICIPAL · permitted uses
MUNICIPAL · Elgin, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
1
Buildings
1
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MUNICIPAL
Jurisdiction
Elgin, SC
Recorded code
MUNICIPAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MUNICIPAL in Elgin, SC.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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