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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Turn key restaurants
502 Main St Anderson, SC 29621-5519
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-0561570
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Total area
10,401 SF
Lot
0.31 ac (13,504 SF)
APN
123-29-20-024
UPID
US77-0561570
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
-
Stagecraft Theatre for Kids Theater & Performing Art Venue
-
Bare Esthetics Spa & Massage Center Skin Care Clinic
-
The Bradbury Bistro Restaurant
-
Selah Floral (Bike/Boat/Book/etc) Store Florist
-
Lighter Note (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$795k
Owner & transaction history
Bare Esthetics LLC · 4 yrs held
Bare Esthetics LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Anderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anderson 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±10%
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
$76 / SF
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
$41,977
Tax year 2023
Assessed value
$100,400
Assessed 2023
Previous assessed
$12,060
+732.5% YoY
Effective rate
41.81%
On assessed value
Assessed land
$10,440
Assessed improvement
$89,960
Total market value
$1,673,400
Applied tax rate
500.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2005
Heating
NONE
Total area
10,401 SF
Lot
0.31 ac (13,504 SF)
APN
123-29-20-024
UPID
US77-0561570
Jurisdiction
ANDERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
Bare Esthetics LLC
Entity
Free & Clear · 4 yrs held
Mailing address
109 S MCDUFFIE ST, ANDERSON, SC 29624-1626
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2022
—
Bare Esthetics LLC
Main Street Partners Of Anderson Ll
Lease
—
Jul 12, 2021
—
City Of Anderson
Main Street Partners Of Anderson Ll
Limited Warranty Deed
—
Jun 11, 2021
—
Main Street Partners Of Anderson Ll
—
Deed
related
$1,480,000 · Coastal Carolina National Bank
Jun 2, 2020
—
Main Street Ptrs Of Anderson LLC
Janelle W Hanks
Quit Claim Deed
related
—
May 5, 2020
—
Main Street Ptrs Of Anderson LLC
Janelle W Hanks
Grant Deed
related
$467,500 · Hanks Raymond C Family Tr (pt)
Apr 16, 2009
—
Hanks Raymond C Family Trust
Hanks,raymond C SR
Quit Claim Deed
related
—
May 16, 2007
—
Raymond C Hanks SR.
Rolling Hills Investments
Grant Deed
related
—
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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