Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Medical Office Space
318 Memorial Dr Greer, SC 29650-1521
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US77-0852592
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Lot
0.86 ac (37,462 SF)
Zoning code
C3
APN
G015.00-01-018.02
UPID
US77-0852592
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
-
University Medical Group: Kudlak John J MD Physician
-
University Medical Group: Meyer Armin D MD Physician
-
University Medical Group: Powers Christopher MD Physician
-
University Medical Group: Sinopoli Angelo MD Physician
-
University Medical Group: Chang Catherine M MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Mvpd Investments LLC · 5 yrs held
Mvpd Investments LLC
since 2021
Last sale
$890,000
3 recorded transactions
Zoning & alternative use
C3 · Greer, 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 Greer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greer 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
$880,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $890k (Jun 30 2021)
Last sale anchor
$890k
Jun 30 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
—
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
$20,527
Tax year 2023
Assessed value
$53,450
Assessed 2023
Previous assessed
$53,450
+0.0% YoY
Effective rate
38.40%
On assessed value
Assessed land
$10,380
Assessed improvement
$43,070
Land market value
$173,080
Improvement market value
$717,850
Total market value
$890,930
Applied tax rate
285.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
FORCED AIR
Cooling
NONE
Rooms
5
Bathrooms
2
Lot
0.86 ac (37,462 SF)
Zoning code
C3
APN
G015.00-01-018.02
UPID
US77-0852592
Jurisdiction
GREENVILLE
Zoning & alternative use
C3 · Greer, SCZoning C3 · permitted uses
C3 · Greer, 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
FORCED AIR
Cooling
Yes
Rooms
5
Bathrooms
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Mvpd Investments LLC
Entity
Mailing address
868 N PARKER RD, GREENVILLE, SC 29609-1322
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 30, 2021
$890,000
Mvpd Investments LLC
Hdc Properties LLC
Deed
$997,000 · First Citizens Bank & Trust Co
Aug 2, 2018
—
Hdc Properties LLC
—
Deed
related
$164,203 · South St Bk
—
—
Hdc Properties LLC
—
Loan Modification
related
$164,203 · South St Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 318 Memorial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
