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Property profile & analytics
OFF-MARKET
Retail space
5601 Locust Hl Rd, Travelers Rest, SC 29690-8641
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US77-0861962
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
1.64 ac (71,438 SF)
Zoning code
UNZONED
APN
0502.01-01-010.01
UPID
US77-0861962
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
-
Dollar General Discount Store
-
FedEx OnSite Postal Service Courier Service
-
Milagros Pedraza Oil Store (Bike/Boat/Book/etc) Store
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
Gibson Invs LLC Of Greenville · 11 yrs held
Gibson Invs LLC Of Greenville
since 2015
4 recorded transactions
Zoning & alternative use
UNZONED · Travelers Rest, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Travelers Rest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Travelers Rest 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$13,201
Tax year 2023
Assessed value
$40,140
Assessed 2023
Previous assessed
$40,140
+0.0% YoY
Effective rate
32.89%
On assessed value
Assessed land
$5,440
Assessed improvement
$34,700
Land market value
$90,600
Improvement market value
$578,330
Total market value
$668,930
Applied tax rate
356.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
1.64 ac (71,438 SF)
Zoning code
UNZONED
APN
0502.01-01-010.01
UPID
US77-0861962
Jurisdiction
GREENVILLE
Zoning & alternative use
UNZONED · Travelers Rest, SC
Zoning UNZONED · permitted uses
UNZONED · Travelers Rest, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Travelers Rest. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.64 ac
Current owner
From public records · entity-resolved
Gibson Invs LLC Of Greenville
Entity
Mailing address
77 CHESTNUT ST UNIT #202, TRYON, NC 28782-3389
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2015
$639,200
Gibson Invs LLC Of Greenville
Waterloo Ptshp LLC
Grant Deed
$350,000 · Bank Of Travelers Rest
Jul 1, 2011
$512,500
Waterloo Partnership LLC
Anderson,william H
Grant Deed
$300,000 · Southern First Bank NA
Nov 14, 2007
—
William H Anderson
New Vision Farms LLC
Grant Deed
—
Jan 18, 2007
—
New Vision Farms LLC
Anderson,william H & Tanya D
Grant Deed
$231,000 · Firstmerit Bank NA
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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