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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Warehouses
502 Palmetto Dr Simpsonville, SC 29681-6142
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-2178029
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Lot
1.5 ac (65,340 SF)
Zoning code
I-1
APN
0292.00-01-014.11
UPID
US77-2178029
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
-
Waters Printing Inc. Marketing & Advertising Printing Service
-
Creative Concrete Illusions Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Pga Properties LLC · 1 yrs held
Pga Properties LLC
since 2024
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
I-1 · Simpsonville, SC
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 Simpsonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simpsonville 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
$13,246
Tax year 2023
Assessed value
$41,700
Assessed 2023
Previous assessed
$41,700
+0.0% YoY
Effective rate
31.76%
On assessed value
Assessed land
$6,680
Assessed improvement
$35,020
Land market value
$111,250
Improvement market value
$583,690
Total market value
$694,940
Applied tax rate
790.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Heating
NONE
Lot
1.5 ac (65,340 SF)
Zoning code
I-1
APN
0292.00-01-014.11
UPID
US77-2178029
Jurisdiction
GREENVILLE
Zoning & alternative use
I-1 · Simpsonville, SCZoning I-1 · permitted uses
I-1 · Simpsonville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City of Simpsonville
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
1.5 ac
Current owner
From public records · entity-resolved
Pga Properties LLC
Entity
Mailing address
201 N GREER DR STE #501, SIMPSONVILLE, SC 29681-6117
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2024
$1,525,000
Pga Properties LLC
Mj3 LLC
Warranty Deed
$1,235,000 · Thomasville National Bank
Oct 11, 2022
—
Mj3 LLC
—
Deed
related
$861,300 · Southern Bank
Aug 21, 2020
—
Mj3 LLC
—
Deed
related
$407,558 · Grandsouth Bank
Aug 18, 2015
$660,000
Mj3 LLC
De Family LLC
Deed
$562,000 · Grandsouth Bank
Apr 5, 2006
$368,500
Jdk Family Homestead LP
Jj & Jj Of Florida INC
Grant Deed
—
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.
Try Rey
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