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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Strip malls
604 Main St Simpsonville, SC 29681-2057
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US77-0085882
Property summary
AI-generated overview
This ±3,500 square foot retail space, located at 604 NE Main Street, Suite 100 & 200, Simpsonville, SC 29681, presents a prime opportunity in Greenville County. The property boasts a highly visible location on a major retail corridor in Simpsonville, benefiting from a 2023 traffic count of 19,400 vehicles per day. Situated on approximately 0.75 acres, this single-tenancy space is zoned B-G and features two restrooms and excellent signage opportunities. The well-maintained retail center offers easy accessibility directly off Main Street, providing convenient access for customers. Its strategic location offers proximity to Downtown Simpsonville and major interstates, including I-385 and I-185, within approximately one mile. This property is ideal for businesses seeking high visibility and strong foot traffic in a thriving retail environment. The property is classified as Retail with an Office subtype.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Lot
0.72 ac (31,407 SF)
Zoning code
C2
APN
0300.00-02-001.00
UPID
US77-0085882
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
-
Dean Storer Consultant Business Management Consultant
-
Dean Storer Coaching, LLC Business Service Center
-
Redemption Point Church Church
-
Tienda Los Amigos Restaurant
-
Barri Agent Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Virgil Ventures Sc LLC · 2 yrs held
Virgil Ventures Sc LLC
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
C2 · Simpsonville, 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 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Apr 24 2024)
Last sale anchor
$750k
Apr 24 2024
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
$8,832
Tax year 2023
Assessed value
$24,830
Assessed 2023
Previous assessed
$24,830
+0.0% YoY
Effective rate
35.57%
On assessed value
Assessed land
$11,640
Assessed improvement
$13,190
Land market value
$194,000
Improvement market value
$219,760
Total market value
$413,760
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
NONE
Rooms
5
Bathrooms
1
Lot
0.72 ac (31,407 SF)
Zoning code
C2
APN
0300.00-02-001.00
UPID
US77-0085882
Jurisdiction
GREENVILLE
Zoning & alternative use
C2 · Simpsonville, SC
Zoning C2 · permitted uses
C2 · Simpsonville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Simpsonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Cooling
Yes
Rooms
5
Bathrooms
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Virgil Ventures Sc LLC
Entity
Mailing address
220 W MAIN STB, RICHMOND, VA 23220-5628
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2024
$750,000
Virgil Ventures Sc LLC
Poe Enterprises LLC
Limited Warranty Deed
$600,000 · Atlantic Union Bank
Nov 15, 2022
—
Poe Enterprises LLC
—
Deed
related
$350,000 · United Community Bank
Oct 30, 2019
—
Poe Ents LLC
—
Trustees Deed
related
$400,000 · Commercial Bk
May 19, 2009
$485,000
Poe Ents LLC
South East Borders LLC
Grant Deed
$412,500 · Palmetto Bank
May 14, 2008
—
South East Borders LLC
Kubacz,darol
Quit Claim Deed
related
—
Mar 22, 2004
$415,000
South East Borders LLC
—
Grant Deed
related
—
Mar 4, 2004
—
Pringle Katherine P Trust
Pringle,katherine P
Quit Claim Deed
related
—
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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