Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3304 White Horse Rd Greenville, SC 29611-5953

    • Investment properties
    • 2,978 SF
    • 0.97 lot acres
    OFF-MARKET
    Last Sale
    Sep 17, 2021
    $4,000,000
    Value Estimations
    $4,095,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0164461
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wolf Enterprises Inc / Real Estate Agency

    Property Details for 3304 White Horse Rd

    Lot size
    0.97 lot acres
    Property size
    2,978 SF
    Zone code
    C2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0249.00-05-005.00
    APU
    249000500500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,960,000
      ML approach
      $4,415,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,595,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.4428
    Latitude
    34.8186
    CBSA code
    24860
    CBSA name
    GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,552
    $5,710
    $9,600
    $15,310
    -
    $0.00
    $0.00
    $259,930

    Comparable in this City

    • Value Estimation by Request
      2,144 SF

      3705 White Horse Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,144 SF
      3705 White Horse Rd, Greenville, SC 29611-5542
      View Details
    • Value Estimation
      $625,000
      1,004 SF

      2807 White Horse Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,004 SF
      2807 White Horse Rd, Greenville, SC 29611-6118
      View Details
    • Value Estimation by Request
      1,026 SF

      1616 Anderson Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,026 SF
      1616 Anderson Rd, Greenville, SC 29611-6006
      View Details
    • Value Estimation by Request
      1,120 SF

      501 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,120 SF
      501 Washington Ave, Greenville, SC 29611-5703
      View Details
    • Value Estimation by Request
      1,204 SF

      3200 White Horse Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,204 SF
      3200 White Horse Rd, Greenville, SC 29611-5951
      View Details
    • Value Estimation by Request
      883 SF

      810 Parker Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 883 SF
      810 Parker Rd, Greenville, SC 29611-3533
      View Details

    Similar Nearby for Sale

    • $440,900
      0.35 Acres

      Mixed-Use Commercial Property on White Horse

      Versatile property with retail, office, and auto service potential.
      6035 White Horse Road Ext, Greenville, SC 29611
      View Details
    • $550,000
      0.86 Acres

      Prime West Greenville Mixed-Use

      0.86-acre lot, $550,000, high potential.
      235 Parker Rd, Greenville, SC 29611
      View Details
    • $509,000
      0.09 Acres

      New Construction Duplex Near Downtown

      New construction duplex near downtown Greenville, a fantastic investment opportunity.
      15 Jamison St, Greenville, SC 29611
      View Details
    • $1,100,000
      7.77 Acres

      White Horse Rd Development Land

      7.77 Acres, Greenville, SC - Prime Location
      0 White Horse Rd, Greenville, SC 29611
      View Details
    • $361,000
      0.15 Acres

      Greenville Commercial Lot Investment

      High-potential development land, AS-IS.
      501 Easley Bridge Rd, Greenville, SC 29611
      View Details
    • $2,500,000
      10.44 Acres

      Prime Greenville Commercial Land

      10.44 Acres, High-Traffic Location
      4707 White Horse Rd, Greenville, SC 29611
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,874 SF

      Downtown Greenville Mixed-Use Retail Space

      Retail space available in downtown Greenville's West End.
      702 S Main St, Greenville, SC 29611
      View Details
    • $30 SF/Yr
      765 SF

      Turn-Key Restaurant Space Available

      Fully built-out restaurant space in a high-traffic Greenville location.
      644 N Main St, Greenville, SC 29611
      View Details
    • Contact for pricing
      25,000 SF

      Functional Warehouse Space Available

      25,000 SF warehouse suitable for logistics, warehousing, manufacturing.
      105 Prospect St, Greenville, SC 29611
      View Details
    • $1,750 /Mo
      2,300 SF

      Office Space Near Downtown Greenville

      Office space with five offices, reception, and ample parking.
      1005 W Bramlett Rd, Greenville, SC 29611
      View Details
    • $15 SF/Yr
      35,000 SF

      Woodside Mill Lofts: Creative Space

      Greenville SC retail/office space, 2,500-20,000 sq ft.
      1 Main St, Greenville, SC 29611
      View Details
    • $30 SF/Yr
      2,600 SF

      Greenville Medical Office Space

      Modern medical office space available for lease in Greenville, SC.
      3807 White Horse Rd, Greenville, SC 29611
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3304 White Horse Rd
    Greenville, SC 29611-5953
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.