Back to Search
Property profile & analytics
FOR LEASE
Grocery and convenience stores
3801 Clemson Blvd Anderson, SC 29621
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-1232072
For Lease
1 / 8
$7,390,000
3801 Clemson Blvd, Anderson, SC 29621
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1995
Total area
60,340 SF
Lot
7.53 ac (328,007 SF)
APN
121-00-03-046
UPID
US77-1232072
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
-
Publix Pharmacy at Boulevard Market Fair Pharmacy
-
Publix Super Market at Boulevard Market Fair Specialty Food Shop Supermarket
-
Christopher R. Waters, PharmD Pharmacy
-
Narendra Tejwani Pharmacy
-
Presto! ATM at Publix Super Market Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.40M
Blend (final)
Blend
$7.39M
Owner & transaction history
Boulevard Market Fair Tei Equities · 3 yrs held
Boulevard Market Fair Tei Equities
since 2023
Last sale
$7.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.0M
+14.1%
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 Anderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anderson 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
$7,350,000
ML approach
$7,170,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$9,640,000
Current use
RESTAURANT
$11,000,000
Change: +14% · Conversion: Easy
OFFICE BUILDING
$9,115,000
Change: -5% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,130,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$7.39M
Range $6.65M – $8.13M · ±10% · vs last sale $7.40M (Sep 27 2021)
Last sale anchor
$7.40M
Sep 27 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
$122 / SF
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
$108,661
Tax year 2023
Assessed value
$339,620
Assessed 2023
Previous assessed
$339,620
+0.0% YoY
Effective rate
31.99%
On assessed value
Assessed land
$146,840
Assessed improvement
$192,780
Total market value
$5,660,330
Applied tax rate
5.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1995
Heating
NONE
Total area
60,340 SF
Lot
7.53 ac (328,007 SF)
APN
121-00-03-046
UPID
US77-1232072
Jurisdiction
ANDERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$9.6M
RESTAURANT
Est. value
$11.0M
OFFICE BUILDING
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$8.1M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
7.53 ac
Current owner
From public records · entity-resolved
Boulevard Market Fair Tei Equities
Individual
Free & Clear · 3 yrs held
Mailing address
70 E LONG LK RD, BLOOMFIELD HILLS, MI 48304-2356
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
$13,200,000
Boulevard Market Fair Tei Equities
Seritage Kmt Finance LLC
Limited Warranty Deed
—
Sep 27, 2021
$7,400,000
Agree Limited Partnership
Hrp Anderson LLC
Limited Warranty Deed
—
Dec 29, 2020
—
Hrp Anderson LLC
—
Deed
related
$4,000,000 · Ameris Bk
Jul 7, 2020
—
Hrp Anderson LLC
Jac-fred Anderson LLC
Quit Claim Deed
related
$2,750,000 · Ameris Bk
Jul 6, 2020
$5,600,000
Hrp Anderson LLC
Jac-fred Anderson LLC
Grant Deed
—
Oct 22, 2019
—
Psp-plc 9 LLC
—
Deed
related
$200,000 · Vendor Alliance Cap
Jul 25, 2016
—
Jac-fred Anderson LLC
—
Deed
related
$4,400,000 · Yadkin Bk
Feb 15, 2005
$6,500,000
Jac-fred Anderson LLC
Boulevard Market Fair LLC
Grant Deed
$5,000,000 · Principal Commercial Funding
—
—
Psp-plc 9 LLC
—
Deed Of Trust
related
$200,000 · Vendor Alliance Cap
—
—
Jac-fred Anderson LLC
—
Deed Of Trust
related
$4,400,000 · Yadkin Bk
—
—
Hrp Anderson LLC
—
Deed Of Trust
related
$4,000,000 · Ameris 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?”
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.
