5208 Calhoun Memorial Hwy Easley, SC 29640-3864
Property Lookup
Property profile & analytics
5208 Calhoun Memorial Hwy Easley, SC 29640-3864
- Strip malls
- 7,932 SF
- 0.65 lot acres
Property ID
US77-0877874
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.
Location Intelligence
Current Use by Public Records
- CORA Physical Therapy Easley / Physician
- G STEVEN SUITS / Physician
- BASSAM E HADDAD / Pediatrician / Physician
- ALAN RUCKER CLARDY / Physician
- Jordan Birkhead Cuenin / Physician
Property Details for 5208 Calhoun Memorial Hwy
- Year built
- 1993
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.65 lot acres
- Property size
- 7,932 SF
- Zone code
- GENERAL COMMERCIAL DIST
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 5039-17-12-9210
- APU
- 503917129210
Description
This exceptional investment opportunity, Shoppes on Calhoun, presents a 7,972 square foot shopping center in Easley, South Carolina, currently boasting 100% occupancy with four tenants. The property, built in 1993 and renovated in 2017, sits on a 1.51-acre lot and features a strong Net Operating Income (NOI) of $235,890, resulting in a 6.50% cap rate. The asking price is $3,630,000. Tenants are credit-rated, including franchisees and corporate guarantees, ensuring financial stability. The lease type is NNN, and lease terms are available upon request. Recent capital improvements include a roof replacement (2016) and parking lot work (2024), minimizing immediate capital expenditure needs for the new owner. The property benefits from a prime location across from an Ingles Grocery Store and a new Chick-fil-A, enjoying high foot traffic and proximity to major retailers like Walmart, Academy Sports, Sam's Club, and Hamrick's, all within a one-mile radius. Placer AI data highlights the area's strong retail draw, with the nearby Walmart ranking highly nationally and regionally. The SC-153 extension project will further enhance accessibility. The surrounding area shows strong population growth (projected 1.22% annually through 2029) and high average household income ($88,135). The tenant mix includes resilient healthcare providers, offering services such as urgent care, physical therapy, and hearing care, making this a low-risk investment. Significant lease renewals and extensions, including a long-term lease with Bon Secours, demonstrate tenant commitment and the desirability of this location. The property's weighted average remaining lease term (WALT) is seven years, with built-in annual rent increases of 2% to 3%.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,400,000
- ML approach
- $2,400,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $2,190,000
- APARTMENT HOUSE (5+ UNITS)
- $1,495,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Easley
- County
- Pickens
- State
- South Carolina
- Longitude
- -82.5597
- Latitude
- 34.8254
- 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
$0.00
$22,670
$34,280
$56,950
-
$450,000
$680,300
$1,130,300
