700 E Main St Duncan, SC 29334
Property profile & analytics
700 E Main St Duncan, SC 29334
- Community centers
- 3,850 SF
- 8.08 lot acres
Property ID
US77-0854611
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.
Location Intelligence
Current Use by Public Records
- Nxt Lvl Chiropractic|Duncan, SC / Alternative Medicine Practice
- Workout Anytime Duncan / Tanning Salon
- El Primo # 2 Mexican Restaurant / Restaurant
- Dollar Tree / Discount Store
- Missi May Esthetics @ Jennifer on Mane Salon / Hair Salon / Nail Salon
Property Details for 700 E Main St
- Year built
- 1994
- Construction
- CONCRETE BLOCKS
- Lot size
- 8.08 lot acres
- Property size
- 3,850 SF
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 5-2000-04002
- APU
- 5200004002
Description
This exceptional mixed-use property, located at 700 East Main Street in Duncan, South Carolina, presents a compelling investment opportunity within the thriving Greenville/Spartanburg MSA. The 64,075-square-foot property comprises a climate-controlled self-storage facility and a retail center, offering a diversified income stream. The complex features six buildings on approximately 7.19 acres, housing 254 storage units, including 200 climate-controlled units, and nine retail suites, one of which is currently occupied by a Dollar Tree. Built in 1994, the property boasts a strong 90% occupancy rate as of September 30, 2024, with a remaining lease term of five years for the existing tenants. The property benefits from a gross lease structure and allows for rent bumps, providing potential for increased revenue. The property is classified as Class B and is zoned DT-3. With a current cap rate of 6.50% and a pro-forma cap rate of 7.00%, this stabilized investment offers significant upside potential. The property's prime location and the inclusion of both self-storage and retail components create a highly desirable and resilient investment asset. The fee-simple ownership provides complete control and flexibility. This is a rare opportunity to acquire a well-performing, mixed-use property in a rapidly growing market. The property's strong performance, combined with its strategic location and potential for future growth, makes it an ideal addition to any investment portfolio. The asking price is $7,800,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,850,000
- ML approach
- $2,850,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Duncan
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -82.1233
- Latitude
- 34.9278
- CBSA code
- 43900
- CBSA name
- SPARTANBURG, 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
$52,591
$45,654
$83,712
$129,366
-
$760,900
$1,395,200
$2,156,100
