Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    371 Bessie Rd Piedmont, SC 29673

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    371 Bessie Rd Piedmont, SC 29673

    View on Map
    • Commercial land
    For Sale
    $399,000
    View Listing →
    Corner Lot Development Opportunity For Sale
    $399,000
    1.83 Acres

    Corner Lot Development Opportunity

    1.83 acre corner lot with development potential in Piedmont.

    371 Bessie Road, Piedmont, SC 29673
    View Listing
    Property ID
    US77-2236157
    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 land

    Property Details for 371 Bessie Rd

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Large, Level, Cleared, 1.83 Acre Corner Lot with residential or commercial development potential. Located on the corner of Highway 86/Bessie Road and Old Pelzer Road in Piedmont. Sewer and public water are available. Un-zoned area of Greenville County. DOT TRAFFIC COUNTS- Hwy86/Bessie Road - 8,500 - ... Old Pelzer Road - 1,400

    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
    Piedmont
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.436444
    Latitude
    34.705134

    Comparable in this City

    • Contact for pricing
      6.29 Acres

      Piedmont Commercial Site For Lease

      6.29 acre commercial site available for ground lease.
      00 Durham Rd, Piedmont, SC 29673
      View Details
    • $350,000
      0.90 Acres

      Commercial Site Near I-85

      Commercial property near I-85 in Piedmont, South Carolina.
      2612 Sc-153, Piedmont, SC 29673
      View Details
    • Contact for pricing

      Commercial Land Lots Available

      Commercial land lots for sale in Piedmont, South Carolina.
      110 Frontage Rd, Piedmont, SC 29673
      View Details
    • $700,000
      2.16 Acres

      Prime Commercial Land Opportunity

      2.16 acre commercial site with high visibility and easy access.
      3101 Highway 153, Piedmont, SC 29673
      View Details
    • $700,000

      Prime Commercial Land Opportunity

      2.16 acre commercial land with high visibility.
      3101 Highway 153, Piedmont, SC 29673
      View Details
    • $195,000
      0.39 Acres

      Commercial Site near Interstate Access

      Commercial land in prime location near major interstates.
      7860 Piedmont Hwy, Piedmont, SC 29673
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6.29 Acres

      Piedmont Commercial Site For Lease

      6.29 acre commercial site available for ground lease.
      00 Durham Rd, Piedmont, SC 29673
      View Details
    • $350,000
      0.90 Acres

      Commercial Site Near I-85

      Commercial property near I-85 in Piedmont, South Carolina.
      2612 Sc-153, Piedmont, SC 29673
      View Details
    • Contact for pricing

      Commercial Land Lots Available

      Commercial land lots for sale in Piedmont, South Carolina.
      110 Frontage Rd, Piedmont, SC 29673
      View Details
    • $700,000
      2.16 Acres

      Prime Commercial Land Opportunity

      2.16 acre commercial site with high visibility and easy access.
      3101 Highway 153, Piedmont, SC 29673
      View Details
    • $700,000

      Prime Commercial Land Opportunity

      2.16 acre commercial land with high visibility.
      3101 Highway 153, Piedmont, SC 29673
      View Details
    • $195,000
      0.39 Acres

      Commercial Site near Interstate Access

      Commercial land in prime location near major interstates.
      7860 Piedmont Hwy, Piedmont, SC 29673
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Site For Lease

      5.97 AC commercial site for lease in Piedmont, SC.
      7334 Augusta Rd, Piedmont, SC 29673
      View Details
    • $6,000 /Mo

      Warehouse on 1.99 Acres

      Commercial property with warehouse, ideal for various business operations.
      2234 Fork Shoals Rd, Piedmont, SC 29673
      View Details
    • Contact for pricing

      Land on Highway 153

      Land ideal for service use on Hwy 153.
      2615 Highway 153, Piedmont, SC 29673
      View Details
    • Contact for pricing

      Prime Retail Land For Lease

      1.08 AC build-to-suit or ground lease opportunity.
      7415 Augusta Rd, Piedmont, SC 29673
      View Details
    • Contact for pricing
      9,500 SF

      Industrial Space in Piedmont, SC

      9,500 SF industrial property available for rent.
      104 Propes Dr, Piedmont, SC 29673
      View Details
    • Contact for pricing
      9,882 SF

      Office/Warehouse Space with Laydown Area

      9,882 SF office/warehouse space available for sublease.
      265 Pine Dr, Piedmont, SC 29673
      View Details
    View Listing
    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.
    371 Bessie Rd
    Piedmont, SC 29673
    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.
    Sign Up Successful!
    You now have access to more from Realmo!