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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Warehouses
2531 Riv Rd Piedmont, SC 29673-7738
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-0988708
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1996
Total area
6,000 SF
Lot
6.05 ac (263,538 SF)
APN
237-00-11-006
UPID
US77-0988708
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
-
River Road Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$650k
Blend (final)
Blend
$650k
Owner & transaction history
Starr Property Group LLC · 11 yrs held
Starr Property Group LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+147.0%
Restaurant
$895,000
+118.4%
Commercial (general)
$675,000
+63.9%
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 Piedmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Piedmont 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$410,000
Current use
OFFICE BUILDING
$1,015,000
Change: +147% · Conversion: Difficult
RESTAURANT
$895,000
Change: +118% · Conversion: Difficult
COMMERCIAL (GENERAL)
$675,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$655,000
Change: +59% · Conversion: Moderate
Blend value · Realmo final
$650k
Range $585k – $715k · ±10%
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
$108 / 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
$32,273
Tax year 2023
Assessed value
$104,990
Assessed 2023
Previous assessed
$92,670
+13.3% YoY
Effective rate
30.74%
On assessed value
Assessed land
$30,860
Assessed improvement
$74,130
Total market value
$1,749,484
Applied tax rate
100.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Heating
NONE
Buildings
8
Total area
6,000 SF
Lot
6.05 ac (263,538 SF)
APN
237-00-11-006
UPID
US77-0988708
Jurisdiction
ANDERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$410,000
OFFICE BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$675,000
RETAIL STORES
Est. value
$655,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
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
1996
Heating
NONE
Buildings
8
Lot
6.05 ac
Current owner
From public records · entity-resolved
Starr Property Group LLC
Entity
Mailing address
341ST PHILLIPS RD, GREER, SC 29650-2958
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2015
$1,395,000
Starr Property Group LLC
Heard Chris & Jon
Trustees Deed
$1,070,000 · Pinnacle Bk/sc
Apr 1, 2015
—
Chris Heard
Heard & Heard IV LLC
Quit Claim Deed
related
—
Feb 13, 2015
—
Heard & Heard IV LLC|heard,jon
Heard & Heard III LLC
Quit Claim Deed
related
—
Aug 25, 2011
$1,100,000
Heard & Heard III LLC
Dodd & Freeman LLC
Grant Deed
$915,104 · Pinnacle Bank Sc
—
—
Dodd & Freeman LLC
—
Deed Of Trust
related
$855,000 · Peoples National Bank
—
—
Starr Property Group LLC
—
Deed Of Trust
related
$1,700,000 · Crescom Bk
—
—
Dodd & Freeman LLC
—
Deed Of Trust
related
$1,600,000 · Peoples National Bank
—
—
Starr Property Group LLC
—
Deed Of Trust
related
$1,260,000 · Bank Of Nc
—
—
Dodd & Freeman LLC
—
Deed Of Trust
related
$696,551 · Peoples National 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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