You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Strip malls

506 NE Main St Simpsonville, SC 29681

0.58 ac lot Built 1998
Entity Owned 4-yr Hold Free & Clear
Property ID
US77-2195471
Property summary
AI-generated overview

This exceptional 1.46-acre commercial land parcel is ideally situated at 506 NE Main St, Simpsonville, SC 29681, in Greenville County. Boasting high visibility to over 19,000 vehicles per day on NE Main Street, this property offers unparalleled access and exposure. Located within walking distance of historic downtown Simpsonville, it benefits from the area's explosive residential growth and recent commercial development boom, including numerous new restaurants, bars, and retail establishments. The site is zoned as an Innovative District, providing flexibility for a variety of uses, including retail, office, or medical facilities. This cleared lot will be delivered with all utilities in place, making it ready for immediate development. The asking price is $800,000, representing a land value of $479,042 per acre. Its location directly fronts an approved luxury townhome community, ensuring a strong and affluent customer base. This presents a unique opportunity to capitalize on Simpsonville's thriving market and establish a successful business in a highly desirable location. The strong demographics and rapid growth of the area make this a compelling investment prospect.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Lot 0.58 ac (25,265 SF)
Zoning code C2
APN 0320.00-01-011.01
UPID US77-2195471
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Perry Avenue Holdings LLC · 4 yrs held
Perry Avenue Holdings LLC
since 2021
Last sale
$490,000
6 recorded transactions
2022
Price N/A
2021
$1.2M
2021
$490,000
2020
Price N/A
2018
Price N/A
2007
$412,500
Zoning & alternative use
C2 · Simpsonville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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