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Property profile & analytics
OFF-MARKET
Estimated value
$17,055,000
Strip malls
400 Mcbee Ave Greenville, SC 29601-2940
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-2334871
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Lot
0.39 ac (16,814 SF)
Zoning code
PD
APN
0062.00-02-002.08
UPID
US77-2334871
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
-
Joshua Keim, Realtor with RE/MAX Results Real Estate Agency
-
Dr. Matthew Martin Dental Office
-
Western Union Bank Credit Union
-
The Shops at McBee Station Shopping Center & Mall
-
Dr. William Kenna Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$17.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.06M
Owner & transaction history
Aric Mcbee LLC · 2 yrs held
Aric Mcbee LLC
since 2024
Last sale
$17.1M
2 recorded transactions
Zoning & alternative use
PD · Greenville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
placed by the City Council, Planning Commission, Board of Zoning Appeals, Design Review Board or Historic Review Board, or Administrator, upon any development approval, including designation of a planned development (PD) zone district classification and PD plan, special exception permit, conditional use permit, variance permit, Major Historic Certificate of…
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
675.75 ac
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$17,055,000
ML approach
$17,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$17.06M
Range $15.35M – $18.76M · ±10% · vs last sale $17.05M (Jan 9 2024)
Last sale anchor
$17.05M
Jan 9 2024
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
$35,109
Tax year 2023
Assessed value
$97,460
Assessed 2023
Previous assessed
$97,460
+0.0% YoY
Effective rate
36.02%
On assessed value
Assessed land
$22,280
Assessed improvement
$75,180
Total market value
$2,028,490
Applied tax rate
500.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Heating
NONE
Lot
0.39 ac (16,814 SF)
Zoning code
PD
APN
0062.00-02-002.08
UPID
US77-2334871
Jurisdiction
GREENVILLE
Zoning & alternative use
PD · Greenville, SCZoning PD · permitted uses
PD · Greenville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
placed by the City Council, Planning Commission, Board of Zoning Appeals, Design Review Board or Historic Review Board, or Administrator, upon any development approval, including designation of a planned development (PD) zone district classification and PD plan, special exception permit, conditional use permit, variance permit, Major Historic Certificate of Appropriateness, sign permit, temporary use permit, certificate of compliance
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
675.75 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.39 ac
Current owner
From public records · entity-resolved
Aric Mcbee LLC
Entity
Free & Clear · 2 yrs held
Mailing address
610 E MOREHEAD ST STE #100, CHARLOTTE, NC 28202-2699
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2024
$17,054,000
Aric Mcbee LLC
Greenville Station LLC
Deed
—
Jan 29, 2015
—
Greenville Station LLC
Mcbee Station Greenville LLC
Quit Claim Deed
—
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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