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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Warehouses
70 Concourse Way, Greer, SC 29650-4704
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-1292166
Property summary
AI-generated overview
This ±4,800 square foot flex building, constructed in 2001, is situated at 70 Concourse Way in Greer, South Carolina, within Greenville County. The property features a single-story building with a permitted ML zoning classification. The building offers a versatile layout, including approximately 1,200 square feet of office space and approximately 3,600 square feet of warehouse space. Access is convenient with three drive-in doors and a small laydown area. The warehouse boasts a clear span design and ceiling heights ranging from 14 to 16.5 feet. All utilities are readily available. The property's location provides easy access to Interstate 85, less than one mile away, offering excellent connectivity for transportation and logistics. The asking price for this property is $750,000. The APN is 0529030101632. There are no dock-high doors.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Lot
2.09 ac (90,866 SF)
Zoning code
S-1
APN
0529.03-01-016.32
UPID
US77-1292166
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
-
Macemore Environmental Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Olden Wiser LLC · 1 yrs held
Olden Wiser LLC
since 2025
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
S-1 · Greer, 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 Greer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greer 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
$410,000
ML approach
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $750k (Mar 3 2025)
Last sale anchor
$750k
Mar 3 2025
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
$4,254
Tax year 2023
Assessed value
$10,560
Assessed 2023
Previous assessed
$10,560
+0.0% YoY
Effective rate
40.28%
On assessed value
Assessed land
$4,070
Assessed improvement
$6,490
Total market value
$226,180
Applied tax rate
198.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
2.09 ac (90,866 SF)
Zoning code
S-1
APN
0529.03-01-016.32
UPID
US77-1292166
Jurisdiction
GREENVILLE
Zoning & alternative use
S-1 · Greer, SC
Zoning S-1 · permitted uses
S-1 · Greer, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
2.09 ac
Current owner
From public records · entity-resolved
Olden Wiser LLC
Entity
Mailing address
617 E MCBEE AVE STE #200, GREENVILLE, SC 29601-2969
Ownership since
2025
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 3, 2025
$750,000
Olden Wiser LLC
Forsberg LLC
Deed
$550,000 · Southern First Bank NA
Feb 18, 2025
—
Athena 1031 LLC
70 Concourse Way LLC
Deed
—
Aug 4, 2023
$450,000
70 Concourse Way LLC
Selah Partnership
Deed
—
Dec 31, 2001
$33,335
Ptrs Selah
—
Grant 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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