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Property profile & analytics
OFF-MARKET
Investment properties

500 Poinsett St Greer, SC 29650-1553

2,504 SF 0.39 ac lot Built 1960
Individually Owned 6-yr Hold
Property ID
US77-0934725
Property summary
AI-generated overview

This Class A, 2,800 square foot coworking space in Greer, SC, offers four suites, with a minimum divisible space of 50 square feet. Located at 500 W Poinsett St (cross street: Morrow St), this two-story building boasts 8-foot ceilings and was renovated in 2021. The property sits on 0.33 acres and includes 15 free parking spaces. Amenities include high-speed internet, receptionist services, kitchen access, unlimited coffee and water, and access to an on-site gym. A large conference room (seats 8-10) and a training room (seats 12) are available for free for one hour daily, with hourly or daily rental options for longer use. Street signage is available for an additional fee. A one-time activation fee applies, and a one-month security deposit is required, refundable upon lease termination. A $200 restoration fee is charged upon move-out. Monthly rates start at $500 for a 12-month lease or $550 month-to-month. Currently, 200 square feet of space is vacant. The building is zoned for office use. No credit checks are required.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1960
Total area 2,504 SF
Lot 0.39 ac (16,988 SF)
Zoning code R12
APN G014.00-02-013.00
UPID US77-0934725
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
  • Quartermaster Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Joseph A Morelli · 6 yrs held
Joseph A Morelli
since 2019
5 recorded transactions
2019
$315,000
2016
Price N/A
2014
$125,000
2008
Price N/A
1969
Price N/A
Zoning & alternative use
R12 · Greer, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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