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Property profile & analytics
OFF-MARKET
Estimated value
$265,000
Banks
514 Main St Simpsonville, SC 29681-2321
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US77-3043515
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Lot
1.1 ac (47,960 SF)
Zoning code
B-G
APN
0301.00-05-005.01
UPID
US77-3043515
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
-
Smitty's Barber Shop Barber Shop
-
Golden Strip Coins (Bike/Boat/Book/etc) Store
-
Upstate Corporate Housing Real Estate Agency
-
Upstate Property Rentals LLC Hardware & Home Improvement Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$265k
Owner & transaction history
Upstate Property Rentals LLC · 11 yrs held
Upstate Property Rentals LLC
since 2014
1 recorded transaction
Zoning & alternative use
B-G · Simpsonville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
2.8 B-G, Business- General District 2.9 B-U, Business- Urban District 2.10 B-I, Business- Industrial District 2.11 ID, Innovative Development District 2.12 DO-TC, Design Overlay- Town Center District 2.13 DO-VC, Design Overlay- Village Commerce District 2.14 DO-E, Design Overlay- Entertainment District 1 Introduction 3 Use Standards 2 Zoning Districts 4 Site…
Zone name
Business General
General category
COMMERCIAL
Zone area
809.15 ac
Source
City of Simpsonville
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
Method
Estimation
Statistic approach
by Request
ML approach
$265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$265k
Range $239k – $292k · ±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
—
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
$14,323
Tax year 2023
Assessed value
$41,070
Assessed 2023
Previous assessed
$41,070
+0.0% YoY
Effective rate
34.87%
On assessed value
Assessed land
$12,960
Assessed improvement
$28,110
Land market value
$216,000
Improvement market value
$468,480
Total market value
$684,480
Applied tax rate
899.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Heating
NONE
Lot
1.1 ac (47,960 SF)
Zoning code
B-G
APN
0301.00-05-005.01
UPID
US77-3043515
Jurisdiction
GREENVILLE
Zoning & alternative use
B-G · Simpsonville, SCZoning B-G · permitted uses
B-G · Simpsonville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
2.8 B-G, Business- General District 2.9 B-U, Business- Urban District 2.10 B-I, Business- Industrial District 2.11 ID, Innovative Development District 2.12 DO-TC, Design Overlay- Town Center District 2.13 DO-VC, Design Overlay- Village Commerce District 2.14 DO-E, Design Overlay- Entertainment District 1 Introduction 3 Use Standards 2 Zoning Districts 4 Site Standards 5 Nonconformities 6 Administration 7 Procedures 8 Interpretations City of Simpsonville Zoning Ordinance Page | 13 2.1.1 Zoning Districts The following districts are established to meet the purposes of this Ordinance. Residential Zoning Districts
Zone name
Business General
General category
COMMERCIAL
Zone area
809.15 ac
Source
City of Simpsonville
Building & site characteristics
From public records
Heating
NONE
Lot
1.1 ac
Current owner
From public records · entity-resolved
Upstate Property Rentals LLC
Entity
Mailing address
514 NE MAIN ST, SIMPSONVILLE, SC 29681-2321
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2014
$670,000
Upstate Property Rentals LLC
Carolina Foothills FCU
Grant Deed
$502,500 · Wells Fargo Bk
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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