Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    673 Old Greenville Hwy Clemson, SC 29631-3361
    Back to Search
    Property profile & analytics

    673 Old Greenville Hwy, Clemson, SC 29631-3361

    View on Map
    • Specialty properties
    • 9,869 SF
    • 7.25 lot acres
    Off-Market
    Last Sale Jun 21, 2023
    $56,119,000
    Property ID
    US77-1552359
    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

    • The Collective at Clemson Apartments / Student Housing Center / Apartment Building

    Property Details for 673 Old Greenville Hwy

    Year built
    2013
    Construction
    FRAME
    Lot size
    7.25 lot acres
    Zone code
    RM 1 TWO FAMILY RES DIST
    Property type
    Specialty properties
    APN
    4054-11-76-2699
    APU
    405411762699

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 21, 2023 $56,119,000 Collective Clemson Ll LLC Ch Rlty Viii Preiss Sh Clemson Cott Special Warranty Deed —
    Jun 21, 2023 — Collective Clemson Ll LLC Ch Rlty Viii Preiss Sh Clemson Cott Quit Claim Deed · related —
    Jun 24, 2019 $29,784,757 Ch Rlty Viii Preiss Sh Clemson Cott Breckenridge Group Clemson Sc LLC Special Warranty Deed —
    Jun 24, 2019 — Ch Realty Viii-preiss Sh Clems Breckenridge Grp Clemson S Car Quit Claim Deed · related —
    Jul 11, 2008 — Clemson LLC Hms Dev LLC Grant Deed —
    Feb 4, 2008 $412,500 Hms Dev LLC Newton,randall M Grant Deed —
    Feb 22, 2006 — Randall M Newton Newton,morris A Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market

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

    Location Insight

    • Map
    • Local Demand
    City
    Clemson
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.8049
    Latitude
    34.6972
    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
    $20,876
    $15,230
    $58,270
    $73,500
    -
    $253,800
    $971,100
    $1,224,900

    Comparable in this City

    • Value Estimation by Request
      2,074 SF

      145 Keller Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      145 Keller Blvd, Clemson, SC 29631
      View Details
    • Value Estimation
      $11,535,000
      1,161 SF

      423 Lindsay Rd, Unit 101

      PROFESSIONAL CLUBS/ASSOCIATIONS
      423 Lindsay Rd, Clemson, SC 29631-3209
      View Details
    • Value Estimation by Request
      1,650 SF

      100 Vlg Walk Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS
      100 Vlg Walk Ln, Clemson, SC 29631-3302
      View Details
    • Value Estimation by Request
      9,943 SF

      370 College Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      370 College Ave, Clemson, SC 29631-1430
      View Details
    • Value Estimation
      $1,095,000
      7,692 SF

      100 Thomas Grn Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      100 Thomas Grn Blvd, Clemson, SC 29631-2165
      View Details
    • Value Estimation by Request
      2,259 SF

      113 Kelly Rd, Unit 331

      PROFESSIONAL CLUBS/ASSOCIATIONS
      113 Kelly Rd, Clemson, SC 29631-1696
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Recently Renovated Apartment Community

      Renovated apartment community, offering competitive living spaces.
      31 Clemson Place Cir, Clemson, SC 29631
      View Details
    • $50,000

      Clemson Tailgating Lot Opportunity

      Tailgating lot near Clemson's Esso Club with Valley Walk amenities.
      101 Oak St, Clemson, SC 29631
      View Details
    • Contact for pricing

      Clemson Land for Multifamily Development

      7+ acres near Clemson University, ideal for multifamily housing.
      00 W Hwy 76 Hwy, Clemson, SC 29631
      View Details
    • $125,000
      0.65 Acres

      Land Near Walker Course

      0.65-acre lot near Clemson University's athletic facilities.
      Hunnicutt Ln, Clemson, SC 29631
      View Details
    • Contact for pricing

      Land for Medical Office Building

      Land available with approved plans for medical office building.
      105 Chapman Hill Rd, Clemson, SC 29631
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,500 SF

      Retail/Restaurant Space Near Clemson University

      Retail/restaurant space with dedicated parking and lake access.
      894 Tiger Blvd, Clemson, SC 29631
      View Details
    • Contact for pricing
      1,233 SF

      Retail Space Near Clemson University

      Publix-anchored retail space with high visibility near Clemson University.
      1390 Tiger Blvd, Clemson, SC 29631
      View Details
    • Contact for pricing
      4,029 SF

      Freestanding Restaurant Space Available

      4,029 SF freestanding restaurant with drive-thru in Clemson, SC.
      1071 Tiger Blvd, Clemson, SC 29631
      View Details
    • $2,800 /Mo

      Downtown Clemson Retail Space Available

      Retail space in downtown Clemson, formerly a coffee shop.
      382 College Ave, Clemson, SC 29631
      View Details
    • Contact for pricing

      Retail Space Near Clemson University

      Retail space on high-traffic corridor near Clemson University.
      107 Canoy Ln, Clemson, SC 29631
      View Details
    • Contact for pricing
      2,769 SF

      Retail/Restaurant Space Near Clemson University

      Retail/restaurant spaces available in mixed-use student housing project.
      114 Earle St, Clemson, SC 29631
      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.
    673 Old Greenville Hwy
    Clemson, SC 29631-3361
    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
    673 Old Greenville Hwy, Clemson, SC, 29631
    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!