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Property profile & analytics
OFF-MARKET
Estimated value
$3,090,000
Strip malls
504 Main St Easley, SC 29640-1734
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US77-2395159
Property summary
AI-generated overview
This prime retail property, located at 504 W Main St, Easley, SC 29640, offers ±5,000 and ±1,800 square feet of available space in a thriving strip center. The 38,878 square foot building sits on a 3.717-acre lot (APN: 501915641022) and enjoys a high-traffic location with approximately 17,300 vehicles passing daily. The property benefits from strong co-tenancy with established businesses such as Dollar General, World Finance, and Miracle Hill. Its strategic location across from the popular Silos of Easley and adjacent to a high-performing Hardee's (97th percentile nationally, according to PlacerAI data) ensures significant visibility and customer traffic. This presents a unique opportunity for businesses seeking to establish or expand their presence in the growing Easley market. The property is classified as a multi-tenant retail strip center.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,845 SF
Lot
3.72 ac (161,913 SF)
Zoning code
GENERAL COMMERCIAL DIST
APN
5019-15-64-1022
UPID
US77-2395159
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
-
West End Shopping Center Shopping Center & Mall
-
West End Nutrition Specialty Food Shop (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
-
Tobacco Outlet (Bike/Boat/Book/etc) Store
-
Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.72M
CAP Approach
CAP
$2.59M
Comparable Approach
Comparable
$3.44M
Blend (final)
Blend
$3.09M
Owner & transaction history
504 West Main Street LLC · 6 yrs held
504 West Main Street LLC
since 2020
Last sale
$2.6M
6 recorded transactions
Zoning & alternative use
GENERAL COMMERCIAL DIST · Easley, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.1M
+2.7%
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 Easley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easley 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
$3,090,000
ML approach
$2,720,000
CAP Approach
CAP Return
Estimation
6%
$2,810,000
6.5%
$2,590,000
7%
$2,405,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,010,000
Current use
RETAIL STORES
$4,120,000
Change: +3% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,995,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$3.09M
Range $2.78M – $3.40M · ±10% · vs last sale $2.60M (Apr 13 2020)
Last sale anchor
$2.60M
Apr 13 2020
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
$80 / 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
$39,185
Tax year 2023
Assessed value
$156,060
Assessed 2023
Previous assessed
$156,060
+0.0% YoY
Effective rate
25.11%
On assessed value
Assessed land
$15,000
Assessed improvement
$141,060
Land market value
$250,000
Improvement market value
$2,351,000
Total market value
$2,601,000
Applied tax rate
1.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
6
Total area
38,845 SF
Lot
3.72 ac (161,913 SF)
Zoning code
GENERAL COMMERCIAL DIST
APN
5019-15-64-1022
UPID
US77-2395159
Jurisdiction
PICKENS
Zoning & alternative use
GENERAL COMMERCIAL DIST · Easley, SCZoning GENERAL COMMERCIAL DIST · permitted uses
GENERAL COMMERCIAL DIST · Easley, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.0M
RETAIL STORES
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
6
Lot
3.72 ac
Current owner
From public records · entity-resolved
504 West Main Street LLC
Entity
Mailing address
308 HAMMETTS GLN WAY, GREER, SC 29650-3281
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2025
—
504 West Main Street LLC
—
Deed
related
$2,200,000 · Bank Of Travelers Rest
Apr 13, 2020
$2,600,000
504 West Main Street LLC
Westside Shopping Center LLC
Deed
$2,210,000 · Arthur State Bank
Nov 22, 2013
—
Westside Shopping Center LLC
—
Trustees Deed
related
$600,000 · Cornerstone Nat'l Bk
Jan 30, 2012
—
Westside Shopping Center LLC
Dotsy LLC
Deed
$1,400,000 · Cornerstone National Bank
Apr 7, 2011
—
Westside Shopping Center LLC
Dotsy LLC
Grant Deed
related
—
Oct 20, 2005
—
Dotsy
King,dorothy
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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