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    Property profile & analytics

    405 Main St Easley, SC 29640-2969

    • Investment properties
    • 4,167 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0505816
    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.

    Current Use by Public Records

    • Supermercado El Monte / Specialty Food Shop / Supermarket
    • The Fun Box Photo Booth / Photography Service / Party Supply Store
    • Choo Choo's Ice Cream / Grocery & Convenience Store / Specialty Food Shop
    • Who did it virgin hair shop / Hair Salon / Nail Salon
    • GOOD VIBES JUICE BAR / Specialty Food Shop / (Bike/Boat/Book/etc) Store

    Property Details for 405 Main St

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    4,167 SF
    Zone code
    GENERAL COMMERCIAL DIST
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    5019-15-73-0632
    APU
    501915730632

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Easley
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.6093
    Latitude
    34.8287
    CBSA code
    24860
    CBSA name
    GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,550
    $4,390
    $12,800
    $17,190
    -
    $100,000
    $291,800
    $391,800

    Comparable in this City

    • Value Estimation
      $1,140,000
      89,788 SF

      900 Main St

      STORE/OFFICE (MIXED USE) • 89,788 SF
      900 Main St, Easley, SC 29640-3176
      View Details
    • Value Estimation by Request
      5,220 SF

      6404 Calhoun Memorial Hwy

      STORE/OFFICE (MIXED USE) • 5,220 SF
      6404 Calhoun Memorial Hwy, Easley, SC 29640-3683
      View Details
    • Value Estimation
      $500,000
      6,240 SF

      104 Main St

      STORE/OFFICE (MIXED USE) • 6,240 SF
      104 Main St, Easley, SC 29640-2078
      View Details
    • Value Estimation
      $710,000
      5,844 SF

      100 Main St Ste A

      OFFICE/RESIDENTIAL (MIXED USE) • 5,844 SF
      100 Main St Ste A, Easley, SC 29640-2079
      View Details
    • Value Estimation by Request
      2,026 SF

      4237 Calhoun Memorial Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 2,026 SF
      4237 Calhoun Memorial Hwy, Easley, SC 29640-9073
      View Details
    • Value Estimation
      $585,000
      5,980 SF

      116 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,980 SF
      116 Main St, Easley, SC 29640-2078
      View Details

    Similar Nearby for Sale

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      Commercial Investment Opportunity in Easley

      Value-add investment property with revenue potential in Easley, SC.
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      Easley Industrial Land - $599K

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      13.8 acres of land convenient to Easley and Greenville.
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    • $1,615,000
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      Prime Development Site in Easley

      17+/- acres for development near Highway 123 in Easley, SC.
      00 Prince Perry Rd, Easley, SC 29640
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      Downtown Easley Retail Opportunity

      2,000 SF retail space in downtown Easley, SC.
      106 N Pendleton St, Easley, SC 29640
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      Easley Development Opportunity Available

      Land for retail, office, or restaurant development in Easley, SC.
      153 Intersection, Easley, SC 29640
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Penthouse Office Floor For Rent

      Penthouse office floor in a centrally located professional office complex.
      1818 E Main St, Easley, SC 29640
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    • Contact for pricing

      Commercial Land for Lease

      Land available for ground lease or build to suit.
      Calhoun Memorial Hwy, Easley, SC 29640
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    • Contact for pricing

      Medical Office Building For Rent

      Medical office building offering approximately 18,631 square feet for lease.
      109 Fleetwood Dr, Easley, SC 29640
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    • Contact for pricing

      Retail Space in West End

      Retail spaces available in high-traffic Easley location.
      504 W Main St, Easley, SC 29640
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    • Contact for pricing
      1,200 SF

      Retail Space on Highway 123

      Retail space in Easley's trade area with high visibility.
      6811 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • Contact for pricing

      Spacious Office Suite on Main

      Functional office suite with natural light and convenient access.
      1814 E Main St, Easley, SC 29640
      View Details
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    405 Main St
    Easley, SC 29640-2969
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    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
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