Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    500 Poinsett St Greer, SC 29650-1553
    Back to Search
    Property profile & analytics

    500 Poinsett St Greer, SC 29650-1553

    View on Map
    • Investment properties
    • 2,504 SF
    • 0.39 lot acres
    Off-Market
    Property ID
    US77-0934725
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Quartermaster Properties / Real Estate Agency

    Property Details for 500 Poinsett St

    Year built
    1960
    Lot size
    0.39 lot acres
    Property size
    2,504 SF
    Zone code
    R12
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    G014.00-02-013.00
    APU
    G014000201300

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Greer
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.2355
    Latitude
    34.9416
    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
    $5,738
    $1,710
    $13,180
    $14,890
    -
    $0.00
    $0.00
    $330,850

    Comparable in this City

    • Value Estimation
      $3,235,000
      1,386 SF

      721 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,386 SF
      721 Main St, Greer, SC 29650-2351
      View Details
    • Value Estimation by Request
      1,428 SF

      408 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,428 SF
      408 Main St, Greer, SC 29650-1636
      View Details
    • Value Estimation
      $515,000
      2,998 SF

      306 Poinsett St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,998 SF
      306 Poinsett St, Greer, SC 29650-1548
      View Details
    • Value Estimation by Request
      1,120 SF

      102 Memorial Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,120 SF
      102 Memorial Dr, Greer, SC 29650-1517
      View Details
    • Value Estimation by Request
      2,054 SF

      509 Poinsett St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,054 SF
      509 Poinsett St, Greer, SC 29650-1554
      View Details
    • Value Estimation by Request
      1,515 SF

      910 Poinsett St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,515 SF
      910 Poinsett St, Greer, SC 29650-1455
      View Details

    Similar Nearby for Sale

    • $550,000
      1.94 Acres

      Greer Acreage with Development Potential

      1.94-acre lot in Greer, SC, ideal for building.
      457B Pennsylvania Ave, Greer, SC 29650
      View Details
    • Contact for pricing
      2,006 SF

      Greer Office Space For Sale

      Office space with existing offices, conference room, and private restrooms.
      107 Regency Commons Dr, Greer, SC 29650
      View Details
    • $1,385,000
      3.90 Acres

      Prime Commercial Land Opportunity

      3.84 acre commercial land with high visibility and direct frontage.
      1984 101 Hwy, Greer, SC 29650
      View Details
    • $349,900
      0.29 Acres

      Greer Office Building - Great Location

      Established business, ample parking, long-term lease.
      1201 Pointsett St, Greer, SC 29650
      View Details
    • Contact for pricing

      Commercial Land on Wade Hampton

      1.55 acre commercial land parcel for sale.
      1864 W Wade Hampton Blvd, Greer, SC 29650
      View Details
    • Contact for pricing
      3,360 SF

      Office Suites in Greer, SC

      Office suites for sale in Greer, South Carolina.
      1305 W Poinsett St, Greer, SC 29650
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Historic Greer Mill Mixed-Use Space

      Vibrant mixed-use community with retail, restaurant, and office opportunities.
      300 Connecticut Ave, Greer, SC 29650
      View Details
    • Contact for pricing

      Commercial Pad Site For Lease

      0.483 acre pad site available for sale or lease.
      1308 W Wade Hampton Blvd, Greer, SC 29650
      View Details
    • Contact for pricing
      5,200 SF

      Greer Warehouse Space Available

      5,200 SF warehouse space for rent in Greer, SC.
      105 Pennsylvania Ave, Greer, SC 29650
      View Details
    • Contact for pricing
      105,000 SF

      Greer Warehouse Space Available

      36,000 square foot warehouse space for rent in Greer.
      2096-2099 Pennsylvania Ave, Greer, SC 29650
      View Details
    • Contact for pricing

      Greer Retail Opportunity on Buncombe

      Prime retail lot available for ground lease or build-to-suit.
      403 South Buncombe Rd, Greer, SC 29650
      View Details
    • Contact for pricing

      Flex Space with Conditioned Warehouse

      Flex space featuring conditioned warehouse and office space for lease.
      151 Tandem Dr, Greer, SC 29650
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 Poinsett St
    Greer, SC 29650-1553
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    500 Poinsett St, Greer, SC, 29650
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!