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    3523 Moore Duncan Hwy Moore, SC 29369
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    3523 Moore Duncan Hwy, Moore, SC 29369

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    • Commercial real estate
    • 1,800 SF
    Off-Market
    Property ID
    US77-0615967
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3523 Moore Duncan Hwy

    Property type
    Commercial real estate

    Description

    This exceptional 1,800-square-foot executive office space in Moore, South Carolina, is now available for lease. Located at 3523 Moore Duncan Highway, 29369, this single-tenant property boasts a newly renovated interior featuring a spacious lobby and a large open area ideal for a conference room. The modified gross lease rate is $2,200 per month. The property benefits from its convenient location, less than 1.5 miles from the Highway 290/Reidville Road intersection, providing easy access to major transportation routes. This prime location also places the office in close proximity to a variety of businesses, churches, shopping centers, and restaurants, ensuring a vibrant and convenient work environment. Furthermore, the surrounding area shows strong economic indicators. Within a 5-mile radius (2022 data), the population is 50,754, total consumer spending reaches $651,633,387, there are 19,553 households, and the average household income is $91,578. The high traffic count of 14,138 in the area further underscores the strategic positioning of this property near new residential and industrial developments. This is a fantastic opportunity for businesses seeking a modern, well-located, and functional office space in a thriving community. The entire 1,800 square feet is currently vacant.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.0444808
    Latitude
    34.876894

    Comparable in this City

    • Contact for pricing

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      3610 Moore Duncan Hwy, Moore, SC 29369
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      Moore SC Flex Space Available

      26,782 SF flex space available for lease in Moore, SC.
      190 Old Roebuck Rd, Moore, SC 29369
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      1,850,113 SF

      Large Manufacturing or Distribution Space

      1,850,113 SF manufacturing/distribution space with quick I-26 access.
      2004 Moore Duncan Hwy, Moore, SC 29369
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      Retail Suites on Hwy 290

      Retail suites available for pre-leasing near major retailers.
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      Retail Spaces For Lease

      Retail spaces available for pre-leasing in a prime location.
      5895 Reidville Rd, Moore, SC 29369
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      25,000 SF

      Industrial Space Near I-26

      Industrial space with quick access to I-26, ample parking.
      140 Old Roebuck Rd, Moore, SC 29369
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    Similar Nearby for Sale

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      5,176 SF

      Established Office Building For Sale

      Office building in Duncan, SC, established in 2000.
      3610 Moore Duncan Hwy, Moore, SC 29369
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    • $1,250,000
      5.20 Acres

      Commercial Land Near Highway 290

      5.2 acres near intersection of Hwy 290 and SC 296.
      6046 Reidville Rd, Moore, SC 29369
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    • $162,900
      5.32 Acres

      Moore, SC Acreage For Sale

      5.32 acres of land for peaceful country living.
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      6 SF

      Land For Sale I-26 Frontage

      6.89 acres with great interstate visibility on I-26.
      163 Dove Hill Rd, Moore, SC 29369
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      Commercial Land in Growing Area

      Almost 1 acre site in rapidly growing Spartanburg County.
      5828 Reidville Rd, Moore, SC 29369
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    • $1,399,000
      17.20 Acres

      Moore, SC Land Opportunity

      17.2 acres in a rapidly growing area.
      365 Old Bethel Rd, Moore, SC 29369
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    Similar Nearby for Lease

    • Contact for pricing

      Medical Office Space For Rent

      Medical office space with high visibility and easy access.
      3610 Moore Duncan Hwy, Moore, SC 29369
      View Details
    • Contact for pricing

      Moore SC Flex Space Available

      26,782 SF flex space available for lease in Moore, SC.
      190 Old Roebuck Rd, Moore, SC 29369
      View Details
    • Contact for pricing
      1,850,113 SF

      Large Manufacturing or Distribution Space

      1,850,113 SF manufacturing/distribution space with quick I-26 access.
      2004 Moore Duncan Hwy, Moore, SC 29369
      View Details
    • Contact for pricing

      Retail Suites on Hwy 290

      Retail suites available for pre-leasing near major retailers.
      Moore Duncan Hwy, Moore, SC 29369
      View Details
    • Contact for pricing

      Retail Spaces For Lease

      Retail spaces available for pre-leasing in a prime location.
      5895 Reidville Rd, Moore, SC 29369
      View Details
    • Contact for pricing
      25,000 SF

      Industrial Space Near I-26

      Industrial space with quick access to I-26, ample parking.
      140 Old Roebuck Rd, Moore, SC 29369
      View Details
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    Moore, SC 29369
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    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.

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