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Property profile & analytics
OFF-MARKET
Strip malls
2531 Woodruff Rd Simpsonville, SC 29681-5465
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-0770773
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Total area
2,534 SF
Lot
2.6 ac (113,256 SF)
Zoning code
POD
APN
0531.03-01-037.05
UPID
US77-0770773
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
-
Greenhill Pharmacy Pharmacy
-
Innovations Salon Hair Salon
-
Hair By Alison Taylor Hair Salon
-
Napoli Pizzeria Restaurant
-
Five Forks Promenade Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nrp Five Forks Promenade LLC · 1 yrs held
Nrp Five Forks Promenade LLC
since 2025
7 recorded transactions
Zoning & alternative use
POD · Simpsonville, 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 Simpsonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simpsonville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$56,951
Tax year 2023
Assessed value
$183,800
Assessed 2023
Previous assessed
$183,800
+0.0% YoY
Effective rate
30.99%
On assessed value
Assessed land
$60,480
Assessed improvement
$123,320
Land market value
$1,008,000
Improvement market value
$2,055,350
Total market value
$3,063,350
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Heating
HEAT PUMP
Cooling
YES
Stories
2
Total area
2,534 SF
Lot
2.6 ac (113,256 SF)
Zoning code
POD
APN
0531.03-01-037.05
UPID
US77-0770773
Jurisdiction
GREENVILLE
Zoning & alternative use
POD · Simpsonville, SC
Zoning POD · permitted uses
POD · Simpsonville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Simpsonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
2.6 ac
Current owner
From public records · entity-resolved
Nrp Five Forks Promenade LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 25416, GREENVILLE, SC 29616-0416
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2025
—
Nrp Five Forks Promenade LLC
—
Deed
related
$55,968,297 · Everbank NA
Jul 14, 2025
—
Nrp Five Forks Promenade LLC
The Alvin J Hotz Revocable Trust
Quitclaim Deed
related
—
Jul 14, 2025
$6,125,000
Nrp Five Forks Promenade LLC
The Alvin J Hotz JR Revocable Trust
Deed
—
Aug 3, 2020
—
Hotz,alvin J JR Trust
Alvin J Hotz JR.
Quit Claim Deed
related
—
May 22, 2020
—
Alvin J Hotz JR.
Gloria J Hotz
Quit Claim Deed
related
—
Jan 27, 2020
—
Hotzfam LLC
—
Deed
related
$1,200,000 · Southern First Bk NA
Aug 16, 2019
—
Hotzfam LLC
Hotzfam Trust
Quit Claim Deed
related
—
Jun 30, 2009
—
Hotz,alvin J JR & Gloria J
Five Forks Promenade LLC
Trustees Deed
$1,850,000 · Greenville First Bank
Jun 30, 2009
$4,540,000
Alvin J Hotz JR.
Five Forks Promenade LLC
Grant Deed
—
Nov 7, 2005
$1,125,000
Five Forks Promenade LLC
Piedmont Ventures LLC
Grant Deed
—
Nov 7, 2005
$10
Five Forks Promenade LLC
Piedmont Ventures LLC
Quit Claim Deed
related
—
Oct 22, 2004
$1
Piedmont Ventures LLC
Dunston,russell L
Quit Claim Deed
related
—
—
—
Hotz,alvin J JR & G J Trust
—
Deed Of Trust
related
$1,650,000 · Bank Of North Carolina
—
—
Hotzfam LLC
—
Deed Of Trust
related
$1,200,000 · Southern First Bk NA
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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