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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Grocery and convenience stores
408 Butler Rd Mauldin, SC 29662-2539
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-1475342
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Lot
0.9 ac (39,204 SF)
Zoning code
C-2
APN
M008.01-01-019.39
UPID
US77-1475342
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
-
ATM Atm
-
Gainey & Gainey, LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
W&z West Butler Rd LLC · 4 yrs held
W&z West Butler Rd LLC
since 2021
Last sale
$635,000
1 recorded transaction
Zoning & alternative use
C-2 · Mauldin, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
t R-15 Residential District R-12 Residential District R-10 Residential District RM-1 Mixed Residential R-M Residential, Multifamily District O-D Office District CRD Central Redevelopment District C-1 Commercial District C-2 Commercial District S-1 Services District I-1 Industrial District PD Planned Development AP Airport Protective Area POD Planned Office D…
Zone name
Commercial
General category
COMMERCIAL
Zone area
445.96 ac
Source
zoning ordinance
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 Mauldin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mauldin 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
$630,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $635k (Dec 6 2021)
Last sale anchor
$635k
Dec 6 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
—
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
$15,260
Tax year 2023
Assessed value
$44,880
Assessed 2023
Previous assessed
$44,880
+0.0% YoY
Effective rate
34.00%
On assessed value
Assessed land
$21,600
Assessed improvement
$23,280
Land market value
$360,000
Improvement market value
$388,020
Total market value
$748,020
Applied tax rate
799.0000
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
CONVENIENCE STORE
Status
Off-Market
Year built
1997
Heating
NONE
Lot
0.9 ac (39,204 SF)
Zoning code
C-2
APN
M008.01-01-019.39
UPID
US77-1475342
Jurisdiction
GREENVILLE
Zoning & alternative use
C-2 · Mauldin, SCZoning C-2 · permitted uses
C-2 · Mauldin, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
t R-15 Residential District R-12 Residential District R-10 Residential District RM-1 Mixed Residential R-M Residential, Multifamily District O-D Office District CRD Central Redevelopment District C-1 Commercial District C-2 Commercial District S-1 Services District I-1 Industrial District PD Planned Development AP Airport Protective Area POD Planned Office District Sec. 3:2 - General Standards. 3:2.1 Application. The regulations set forth
Zone name
Commercial
General category
COMMERCIAL
Zone area
445.96 ac
Source
zoning ordinance
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Lot
0.9 ac
Current owner
From public records · entity-resolved
W&z West Butler Rd LLC
Entity
Mailing address
119 CRK SHLS DR, SIMPSONVILLE, SC 29681-6580
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$635,000
W&z West Butler Rd LLC
Susan Williams Mann
Limited Warranty Deed
$508,000 · First National Bank Of Pennsylvania
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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