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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office buildings
400 College Ave Ste 1 Clemson, SC 29631-2925
Entity Owned
Free & Clear
Property ID
US77-0663802
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
WOOD FRAME
Total area
1,806 SF
Lot
0.3 ac (13,155 SF)
Zoning code
CP 1 NEIGH BUS DISTRICT
APN
4044-16-83-2144
UPID
US77-0663802
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
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$397k
Blend (final)
Blend
$590k
Owner & transaction history
398 College Ave Owner LLC
398 College Ave Owner LLC
since 2026
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
CP 1 NEIGH BUS DISTRICT · Clemson, 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 Clemson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clemson 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
$805,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $600k (Jul 21 2021)
Last sale anchor
$600k
Jul 21 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
$327 / 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
$10,225
Tax year 2023
Assessed value
$36,000
Assessed 2023
Previous assessed
$36,000
+0.0% YoY
Effective rate
28.40%
On assessed value
Assessed land
$24,000
Assessed improvement
$12,000
Land market value
$400,000
Improvement market value
$200,000
Total market value
$600,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
2
Units
1
Total area
1,806 SF
Lot
0.3 ac (13,155 SF)
Zoning code
CP 1 NEIGH BUS DISTRICT
APN
4044-16-83-2144
UPID
US77-0663802
Jurisdiction
PICKENS
Zoning & alternative use
CP 1 NEIGH BUS DISTRICT · Clemson, SCZoning CP 1 NEIGH BUS DISTRICT · permitted uses
CP 1 NEIGH BUS DISTRICT · Clemson, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
2
Units
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
398 College Ave Owner LLC
Entity
Free & Clear · 0 yrs held
Mailing address
90 N ROYAL TOWER DR, IRMO, SC 29063-2791
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
—
398 College Ave Owner LLC
Two Blue Stallions LLC
Quitclaim Deed
related
—
Feb 27, 2026
$9,600,000
398 College Ave Owner LLC
Two Blue Stallions LLC
Deed
—
Jul 21, 2021
$600,000
Two Blue Stallion LLC
Old Springs Properties LLC
Deed
—
Nov 29, 2018
—
Cold Springs Properties LLC
Allen,robert T & Ginger W
Grant Deed
—
Dec 21, 2015
—
Robert T Allen
Morrison-reid Properties
Grant Deed
related
—
May 23, 2012
$231,000
Equity Investment Partners LLC
Atlas Sc I Spe LLC
Grant Deed
related
—
—
—
Eip-400 Building LLC
—
Deed Of Trust
related
$240,000 · Wells Fargo Bank
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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