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Property profile & analytics
OFF-MARKET
Investment properties
700 Simpson Rd 3, Anderson, SC 29621-3055
Trust Owned
5-yr Hold
Free & Clear
Property ID
US77-0420704
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Total area
7,095 SF
Lot
0.24 ac (10,602 SF)
APN
148-29-01-004
UPID
US77-0420704
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
-
Newport Commons Apartment Complex
-
Kozak Investments, LLC Apartment Building
-
Glossy Mobile Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Newport Commons Building 3 Lan Trust · 5 yrs held
Newport Commons Building 3 Lan Trust
since 2021
Last sale
$123,500
7 recorded transactions
Zoning & alternative use
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 Anderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anderson 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$7,743
Tax year 2023
Assessed value
$22,200
Assessed 2023
Previous assessed
$17,190
+29.1% YoY
Effective rate
34.88%
On assessed value
Assessed land
$1,800
Assessed improvement
$20,400
Total market value
$370,000
Applied tax rate
5.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Total area
7,095 SF
Lot
0.24 ac (10,602 SF)
APN
148-29-01-004
UPID
US77-0420704
Jurisdiction
ANDERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Newport Commons Building 3 Lan Trust
Trust
Free & Clear · 5 yrs held
Mailing address
2131 WOODRUFF RD STE #2100, GREENVILLE, SC 29607-5959
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2021
—
Newport Commons Building 3 Land Tru
—
Deed
related
$570,500 · Synovus Bank
Jan 25, 2021
$123,500
Newport Commons Building 3 Lan Trust
Mancuso Holdings LLC
Warranty Deed
—
Jan 9, 2019
—
Mancuso Holdings LLC
—
Grant Deed
related
$1,597,800 · Bankfinancial NA
Dec 31, 2018
—
Mancuso Holdings LLC
—
Grant Deed
related
$1,597,800 · Bankfinancial NA
Feb 6, 2014
$1,100,000
Mancuso Holdings LLC
Upstate Property Rentals LLC
Warranty Deed
related
$825,000 · Wells Fargo Bk
Feb 5, 2013
—
Upstate Property Rentals LLC
—
Deed Of Trust
related
$3,400,000 · Wells Fargo Bank
Oct 14, 2010
$630,000
Upstate Property Rentals LLC
700 Simpson Road LLC
Grant Deed
$455,000 · Wells Fargo Bank
May 4, 2010
—
700 Simpson Road LLC
Owner Name Unavailable
Grant Deed
related
—
Oct 19, 2006
—
Davenport Carolina Props LLC
Davenport,robert P & Gamze
Quit Claim Deed
related
—
Jun 28, 2006
$1,377,500
Robert P Davenport
Mcamis,david A
Grant Deed
—
Dec 3, 2002
$290,000
J Middleton
—
Grant Deed
—
Jul 30, 2002
$275,000
Donald J Ghan
—
Grant Deed
—
—
—
Mancuso Holdings LLC
—
Deed Of Trust
related
$98,000 · Bankfinancial NA
—
—
Josephine Middleton
—
Deed Of Trust
related
$50,000 · Branch Banking & Trust Co
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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