Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5619 Hwy 153 Easley, SC 29640
    Back to Search
    Property profile & analytics

    5619 Hwy 153 Easley, SC 29640

    View on Map
    • Commercial real estate
    • 14,990 SF
    • 38.94 lot acres
    Off-Market
    Last Sale Aug 30, 2023
    Property ID
    US77-0890769
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5619 Hwy 153

    Year built
    1971
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    38.94 lot acres
    Property size
    14,990 SF
    Property type
    Commercial real estate
    APN
    5039-16-84-8206
    APU
    503916848206

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Easley
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.5361
    Latitude
    34.8338
    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
    $1,223
    $871
    $4,230
    $5,101
    -
    $78,034
    $423,600
    $501,634

    Comparable in this City

    • Value Estimation by Request

      Easley, SC 29640

      COMMERCIAL (GENERAL)
      Easley, SC 29640
      View Details
    • Value Estimation by Request
      1,120 SF

      1469 Gentry Memorial Hwy

      COMMERCIAL (GENERAL) • 1,120 SF
      1469 Gentry Memorial Hwy, Easley, SC 29640-6940
      View Details
    • Value Estimation by Request
      4,000 SF

      502 Old Cedar Rock Rd

      COMMERCIAL (GENERAL) • 4,000 SF
      502 Old Cedar Rock Rd, Easley, SC 29640
      View Details
    • Value Estimation by Request
      10,968 SF

      105 Dennis Dr

      COMMERCIAL (GENERAL) • 10,968 SF
      105 Dennis Dr, Easley, SC 29640-2412
      View Details
    • Value Estimation by Request
      5,000 SF

      2805 Earls Brg Rd

      COMMERCIAL (GENERAL) • 5,000 SF
      2805 Earls Brg Rd, Easley, SC 29640-9568
      View Details
    • Value Estimation by Request
      1,056 SF

      2665 Farrs Brg Rd

      COMMERCIAL (GENERAL) • 1,056 SF
      2665 Farrs Brg Rd, Easley, SC 29640-7919
      View Details

    Similar Nearby for Sale

    • $689,900
      0.70 Acres

      Historic Easley Commercial Gem

      Prime Downtown Location, 8,000 sq ft
      439 Main St, Easley, SC 29640
      View Details
    • $164,900
      0.59 Acres

      Easley Commercial Building - Great Location

      High-traffic area, updated systems, includes business.
      1453 Gentry Memorial Hwy, Easley, SC 29640
      View Details
    • $278,999
      0.40 Acres

      Easley Commercial Trio - High Potential

      Three established businesses in one building. High-traffic location.
      602 Liberty Dr, Easley, SC 29640
      View Details
    • Contact for pricing
      1,557 SF

      Retail Space For Sale

      Retail space with long-term lease and experienced operator.
      6398 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • $450,000

      Easley Automotive Garage Near Highway

      Automotive garage with seven bays, suitable for mechanics.
      301 Washington Ave, Easley, SC 29640
      View Details
    • $100,000
      0.83 Acres

      Easley Residential Lot Ready to Build

      Prime .83-acre lot in downtown Easley, ready for construction.
      102 Hillcrest Dr, Easley, SC 29640
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,000,000 SF

      600 Acres Build-to-Suit Opportunity

      Available for rent: build-to-suit industrial space on 600 acres.
      3800 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • $24 SF/Yr

      Retail Space on US Route

      Retail suite available for lease with high visibility.
      5115-5119 Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • Contact for pricing

      Industrial Property for Lease

      Industrial property available for lease in Easley, South Carolina.
      407 Ross Ave, Easley, SC 29640
      View Details
    • Contact for pricing
      3,422 SF

      Easley Office Space Available

      Office space available for rent in Easley, South Carolina.
      109 Fleetwood Dr, Easley, SC 29640
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Land available for ground lease or build to suit.
      Calhoun Memorial Hwy, Easley, SC 29640
      View Details
    • Contact for pricing

      Penthouse Office Floor For Rent

      Penthouse office floor in a centrally located professional office complex.
      1818 E Main St, Easley, SC 29640
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5619 Hwy 153
    Easley, SC 29640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5619 Hwy 153, Easley, SC, 29640
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!