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Property profile & analytics
OFF-MARKET
Estimated value
$2,705,000
Office buildings
3598 Hwy 11 Travelers Rest, SC 29690-3500
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-0056760
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
5.32 ac (231,739 SF)
Zoning code
UNZONED
APN
0662.06-01-001.00
UPID
US77-0056760
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.71M
Owner & transaction history
Midtown Commons LLC · 3 yrs held
Midtown Commons LLC
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
UNZONED · Travelers Rest, 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 Travelers Rest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Travelers Rest 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
$2,905,000
ML approach
$2,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.71M
Range $2.43M – $2.98M · ±10% · vs last sale $2.60M (Apr 28 2023)
Last sale anchor
$2.60M
Apr 28 2023
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
$20,346
Tax year 2023
Assessed value
$62,870
Assessed 2023
Previous assessed
$62,870
+0.0% YoY
Effective rate
32.36%
On assessed value
Assessed land
$1,740
Assessed improvement
$61,130
Land market value
$28,950
Improvement market value
$1,018,770
Total market value
$1,047,720
Applied tax rate
352.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
5.32 ac (231,739 SF)
Zoning code
UNZONED
APN
0662.06-01-001.00
UPID
US77-0056760
Jurisdiction
GREENVILLE
Zoning & alternative use
UNZONED · Travelers Rest, SC
Zoning UNZONED · permitted uses
UNZONED · Travelers Rest, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Travelers Rest. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
5.32 ac
Current owner
From public records · entity-resolved
Midtown Commons LLC
Entity
Mailing address
4403 OLEANDER DR, WILMINGTON, NC 28403-5069
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2023
—
Midtown Commons LLC
—
Deed
related
$500,000 · Djz LLC
Apr 28, 2023
$2,600,000
Midtown Commons LLC
Djz LLC
Warranty Deed
$1,844,298 · Bank Of Travelers Rest
Nov 10, 2020
—
Patton Dev LLC
Cfpf LLC
Quit Claim Deed
related
—
Oct 26, 2020
—
Djz LLC
—
Deed
related
$675,433 · Bank Of Travelers Rest
Jan 28, 2013
$950,000
Djz LLC
Georgia Bk & Tr Of Augusta
Grant Deed
—
Sep 12, 2012
$2,500
Georgia Bk & Trust Of Augusta
Master Of Greenville County
Trustees Deed
related
—
Mar 11, 2008
—
The Cliffs Commercial Properties Ll
Waterfall Investment Group LLC
Deed
$2,780,000 · Georgia Bank & Trust Company Of Aug
May 15, 2007
—
Cliffs Commercial Properties
Waterfall Investment Group LLC
Quit Claim Deed
related
—
Feb 2, 2004
$175,000
Invst G Waterfall
—
Grant Deed
related
—
—
—
Djz LLC
—
Deed Of Trust
related
$650,000 · Bank Of Travelers Rest
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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