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    Property profile & analytics

    5055 Calhoun Memorial Hwy Easley, SC 29640-3837

    • Turn key restaurants
    • 4,954 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $3,450,000
    Last Sale
    Jan 23, 2024
    $3,423,553
    Location Intelligence
    Property ID
    US77-0357237
    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.

    Current Use by Public Records

    • Applebee's Grill + Bar / Bar & Grill / Diner

    Property Details for 5055 Calhoun Memorial Hwy

    Year built
    1990
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.03 lot acres
    Property size
    4,954 SF
    Zone code
    GENERAL COMMERCIAL DIST
    Property type
    Turn key restaurants
    APN
    5039-18-31-6766
    APU
    503918316766

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,150,000
      6.5%
      $3,520,000
      7%
      $3,405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,635,000
      Geo Method
      $3,305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,080,000
      Retail
      $3,960,000
      Mixed-Use
      $3,255,000
      Hospitality
      $4,030,000
      Educational
      $3,030,000
      Residential Income
      $3,055,000
      Energy
      $3,855,000
      Income-Based Land
      $3,015,000
      Food Service
      $3,650,000

    Location Insight

    • Map
    • Local Demand
    City
    Easley
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.5538
    Latitude
    34.8243
    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
    $34,935
    $40,210
    $97,790
    $138,000
    -
    $700,000
    $1,702,800
    $2,402,800

    Comparable in this City

    • Value Estimation by Request
      16,992 SF

      259 Crosswell School Rd

      RESTAURANT • 16,992 SF
      259 Crosswell School Rd, Easley, SC 29640-7104
      View Details
    • Value Estimation by Request
      816 SF

      909 Gentry Memorial Hwy

      RESTAURANT • 816 SF
      909 Gentry Memorial Hwy, Easley, SC 29640-1173
      View Details
    • Value Estimation by Request
      3,551 SF

      6205 Calhoun Memorial Hwy, Unit 3601

      RESTAURANT • 3,551 SF
      6205 Calhoun Memorial Hwy, Easley, SC 29640-3786
      View Details
    • Value Estimation
      $300,000
      3,445 SF

      2037 Main St

      RESTAURANT • 3,445 SF
      2037 Main St, Easley, SC 29640-3857
      View Details
    • Value Estimation
      $245,000
      1,751 SF

      902 Main St

      RESTAURANT • 1,751 SF
      902 Main St, Easley, SC 29640-1630
      View Details
    • Value Estimation
      $265,000
      3,181 SF

      302 A Ave

      RESTAURANT • 3,181 SF
      302 A Ave, Easley, SC 29640-2104
      View Details

    Similar Nearby for Sale

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      Easley Walgreens NNN Investment Opportunity

      NNN leased Walgreens with long term investment security potential.
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    • Contact for pricing
      7,500 SF

      Easley Area Retail Opportunity

      7,500 SF retail space in Easley, South Carolina.
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    Similar Nearby for Lease

    • $22 SF/Yr

      Calhoun Hwy Retail Space

      1660 sq ft Retail Suite Available
      5115-5119 Calhoun Memorial Hwy, Easley, SC 29640
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    • $34 SF/Yr
      1,000 SF

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      Remodeled 1,000 SF retail building on 0.45 acres.
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    • Contact for pricing
      1,396 SF

      Retail Space in High-Traffic Area

      Retail space with strong tenant mix and high visibility.
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      View Details
    • $16 SF/Yr
      4,800 SF

      Easley Retail Center - 2,400 SF Available

      High-traffic retail space, Easley, SC.
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    • $10 SF/Yr
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      Turnkey retail space with high visibility and ample parking.
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      View Details
    • $10 SF/Yr
      38,878 SF

      Easley Retail Center - Main St.

      High-traffic retail space, Easley, SC.
      504 Main St, Easley, SC 29640
      View Details
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    Easley, SC 29640-3837
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    Realmo Value Estimation

    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.

    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.

    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
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