Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    700 Woodruff Rd Greenville, SC 29607-3557
    Property profile & analytics

    700 Woodruff Rd, Greenville, SC 29607-3557

    View on Map
    • Warehouses
    • 592 SF
    • 1.83 lot acres
    Off-Market
    Last Sale Jan 24, 2023
    Property ID
    US77-0151325
    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

    • Magic Music Productions / Recording Studio
    • Stansell Agency LLC / Insurance Agency
    • Rainbow Vacuum Of Greenville / Home Appliance Store / (Bike/Boat/Book/etc) Store
    • Allura Salon / Hair Salon / Nail Salon
    • Madison & Co. Home Decor / Home Decor Store / Department Store

    Property Details for 700 Woodruff Rd

    Year built
    1990
    Lot size
    1.83 lot acres
    Zone code
    S1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    0261.00-01-003.00
    APU
    261000100300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.3251
    Latitude
    34.8366
    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
    $14,923
    $26,350
    $16,550
    $42,900
    -
    $439,200
    $275,790
    $714,990

    Comparable in this City

    • Value Estimation by Request
      0.66 Acres

      121191 None

      MINI-WAREHOUSE, STORAGE
      121191 None, Greenville, SC 29607
      View Details
    • Value Estimation by Request
      1.90 Acres

      Mauldin Rd

      MINI-WAREHOUSE, STORAGE
      Mauldin Rd, Greenville, SC 29607
      View Details
    • Value Estimation by Request
      1.98 Acres

      28 Woods Lk Rd

      MINI-WAREHOUSE, STORAGE
      28 Woods Lk Rd, Greenville, SC 29607-2718
      View Details
    • Value Estimation by Request
      1.60 Acres

      112 International Ct

      MINI-WAREHOUSE, STORAGE
      112 International Ct, Greenville, SC 29607-5305
      View Details
    • Value Estimation by Request
      0.53 Acres

      45 Timmons Dr

      MINI-WAREHOUSE, STORAGE
      45 Timmons Dr, Greenville, SC 29607
      View Details
    • Value Estimation by Request
      1.57 Acres

      32 Airview Dr

      MINI-WAREHOUSE, STORAGE
      32 Airview Dr, Greenville, SC 29607
      View Details

    Similar Nearby for Sale

    • $3,400,000

      Versatile Warehouse/Flex Property For Sale

      Warehouse/flex property with redevelopment potential in a high-traffic commercial area.
      825 Old Airport Rd, Greenville, SC 29607
      View Details
    • Contact for pricing

      Luxury Motor Condominium Garage

      Private, gated community with customizable garage condos for sale.
      50 Gladys Dr, Greenville, SC 29607
      View Details
    • New
      $369,000
      1,000 SF

      Luxury Motor Condos For Sale

      Private, secure garage condos in a gated community.
      24 Gladys Dr, Greenville, SC 29607
      View Details
    • Contact for pricing
      84,550 SF

      Urban Distribution Warehouse For Sale

      Infill urban distribution warehouse in low vacancy submarket.
      200 Industrial Dr, Greenville, SC 29607
      View Details
    • Contact for pricing
      31,835 SF

      Office/Flex Building with Warehouse

      Single-story office/flex building with warehouse and ample parking.
      127 Tanner Rd, Greenville, SC 29607
      View Details
    • New
      $369,000
      1,000 SF

      Luxury Motor Condos For Sale

      Private, gated community with customizable garage condos for vehicle enthusiasts.
      24 Gladys Dr, Greenville, SC 29607
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      15,000 SF

      Warehouse/Distribution Space Near I-85

      Warehouse/distribution space with I-85 access and shared loading docks.
      2299 Ridge Rd, Greenville, SC 29607
      View Details
    • Contact for pricing

      Office with Warehouse Space Available

      Move-in ready office with warehouse space for lease.
      96 Brookfield Oaks Dr, Greenville, SC 29607
      View Details
    • Contact for pricing

      Functional Industrial Warehouse For Lease

      20,000 SF industrial warehouse with multiple loading options and fenced yard.
      122 Mcdougall Ct, Greenville, SC 29607
      View Details
    • Contact for pricing

      Greenville Warehouse Space Available

      Warehouse space for rent in Greenville, South Carolina.
      65 Brookfield Oaks Dr, Greenville, SC 29607
      View Details
    • Contact for pricing
      2,400 SF

      Warehouse with Fenced Lot

      Heated and cooled warehouse with offices and drive-in doors.
      283 Lakewood Dr, Greenville, SC 29607
      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.
    700 Woodruff Rd
    Greenville, SC 29607-3557
    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
    700 Woodruff Rd, Greenville, SC, 29607
    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!