6800 White Horse Rd Greenville, SC 29611-2502
Entity Owned
Estimated value (blended)
$1.44M
Range $1.29M – $1.58M (±10%)
Property ID
US77-0043866
Property summary
AI-generated overview
The Alston is a stunning 96-unit Class A apartment building, newly constructed in 2024 in Greenville, South Carolina. Situated on a 6.34-acre lot at 6800 White Horse Rd, zip code 29611, this property offers exceptional investment potential. Its prime location provides unmatched proximity to a significant number of jobs and key economic drivers within the thriving Greenville market. The luxury finishes and high-quality construction ensure strong rental demand. Furthermore, eligible buyers can leverage South Carolina's Tax Abatement Strategy, potentially resulting in substantial annual tax savings exceeding $300,000 based on projected taxes. Current ownership is actively pursuing this tax abatement, adhering to all lease-up guidelines and rent restrictions. This presents a unique opportunity to acquire a high-performing asset in a robust southeastern market characterized by favorable multifamily fundamentals and a desirable renter demographic. The property's superior location, coupled with the potential tax benefits, makes The Alston an exceptional investment opportunity in Greenville, SC.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1948
Total area
1,291 SF
Lot
5.45 ac (237,402 SF)
Zoning code
RM
APN
B013.02-01-010.00
UPID
US77-0043866
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apartment Rental Agency Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
RM · Greenville, SC
Top alternative use upside
Warehouse, storage
$2.0M
+393.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.44M
Value range
$1.29M – $1.58M
±10% around blend
Estimated value / SF
$1,112 / SF
Confidence
None
2 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
20
$1.29M
blend $1.44M
$1.58M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,291 SF
Lot area
5.45 ac
Year built
1948
Stories
1
APN
B013.02-01-010.00
Assessed value
$81,920
Annual tax
$30,973
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.44M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 71 sales
$313
+255%
County 127 sales
$304
+266%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $1,112/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+393%
vs current-use indication
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 2 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.44M
Move the market yield to see immediate price impact.
Value / SF
$1,112
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$90k
$1.81M
$1.29M
$1.01M
$101k
$2.01M
$1.44M
$1.12M
$111k
$2.21M
$1.58M
$1.23M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
2 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,973
Tax year 2023
Assessed value
$81,920
Assessed 2023
Previous assessed
$81,920
+0.0% YoY
Effective rate
37.81%
On assessed value
Assessed land
$81,920
Land market value
$1,365,380
Total market value
$1,365,380
Applied tax rate
308.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1948
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
7
Bathrooms
1
Total area
1,291 SF
Lot
5.45 ac (237,402 SF)
Zoning code
RM
APN
B013.02-01-010.00
UPID
US77-0043866
Jurisdiction
GREENVILLE
Zoning & alternative use
RM · Greenville, SCZoning RM · permitted uses
RM · Greenville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
1
Lot
5.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RM
Jurisdiction
Greenville, SC
Recorded code
RM
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RM in Greenville, SC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6800 White Horse Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
