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Property profile & analytics
OFF-MARKET
Office buildings
408 Butler Rd Mauldin, SC 29662-3249
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1017379
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
0.85 ac (37,026 SF)
Zoning code
R-15
APN
0546.01-01-028.07
UPID
US77-1017379
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
South Carolina Department Of Trans · 2 yrs held
South Carolina Department Of Trans
since 2024
Last sale
$12,437
2 recorded transactions
Zoning & alternative use
R-15 · Mauldin, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ARTICLE 3. - ZONING DISTRICTS, GENERAL STANDARDS, DEFINITIONS Sec. 3:1 - Zoning Districts. The City of Mauldin, as now or hereafter established, is hereby divided into the following districts: R-20 Residential District R-15 Residential District R-12 Residential District R-10 Residential District RM-1 Mixed Residential R-M Residential, Multifamily District O-…
Zone name
Residential District
General category
RESIDENTIAL
Zone area
550.33 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$4,736
Tax year 2023
Assessed value
$13,930
Assessed 2023
Previous assessed
$13,930
+0.0% YoY
Effective rate
34.00%
On assessed value
Assessed land
$8,070
Assessed improvement
$5,860
Total market value
$314,920
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
0.85 ac (37,026 SF)
Zoning code
R-15
APN
0546.01-01-028.07
UPID
US77-1017379
Jurisdiction
GREENVILLE
Zoning & alternative use
R-15 · Mauldin, SCZoning R-15 · permitted uses
R-15 · Mauldin, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ARTICLE 3. - ZONING DISTRICTS, GENERAL STANDARDS, DEFINITIONS Sec. 3:1 - Zoning Districts. The City of Mauldin, as now or hereafter established, is hereby divided into the following districts: R-20 Residential District 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 Co
Zone name
Residential District
General category
RESIDENTIAL
Zone area
550.33 ac
Source
zoning ordinance
Building & site characteristics
From public records
Heating
NONE
Lot
0.85 ac
Current owner
From public records · entity-resolved
South Carolina Department Of Trans
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 191, COLUMBIA, SC 29202-0191
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
Mar 27, 2024
$12,437
South Carolina Department Of Trans
H Michael Gainey
Deed
—
Dec 6, 2021
$635,000
W&z West Butler Rd LLC
Susan Williams Mann
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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