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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Strip malls
706 Congaree Rd Greenville, SC 29607-3520
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-0417574
Property summary
AI-generated overview
This exceptional 2,200 square foot creative office space, located at 706 Congaree Road in Greenville, South Carolina, presents a unique opportunity for a single tenant. Situated in Greenville County, zip code 29607, this property offers a versatile layout ideal for showroom, office, or retail use. The space will be delivered in warm shell condition, allowing for customization to meet specific tenant needs. Landlord will provide certain allowances for tenant improvements. This prime location boasts convenient access to I-385, ensuring excellent visibility and accessibility for clients and employees. The property is classified as both retail and office, offering flexibility for a variety of businesses. The single-tenant occupancy ensures exclusive use of the entire space. This is an excellent opportunity for a business seeking a well-located, adaptable space in a thriving Greenville community. The property's address is 706 Congaree Rd, Greenville, SC 29607. Its geographic coordinates are latitude 34.8439429 and longitude -82.3224062. The property type is listed as Retail and Office, with a subtype of Creative Office.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Total area
1,510 SF
Lot
0.95 ac (41,338 SF)
Zoning code
S1
APN
0545.01-01-002.01
UPID
US77-0417574
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.27M
Owner & transaction history
Marketplace Real Estate Holdings Ll · 4 yrs held
Marketplace Real Estate Holdings Ll
since 2022
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
S1 · Greenville, 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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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.
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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
$1,195,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10% · vs last sale $1.28M (May 6 2022)
Last sale anchor
$1.28M
May 6 2022
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
$841 / SF
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
$25,548
Tax year 2023
Assessed value
$76,090
Assessed 2023
Previous assessed
$39,740
+91.5% YoY
Effective rate
33.58%
On assessed value
Assessed land
$25,970
Assessed improvement
$50,120
Land market value
$432,750
Improvement market value
$835,280
Total market value
$1,268,030
Applied tax rate
200.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1995
Heating
NONE
Total area
1,510 SF
Lot
0.95 ac (41,338 SF)
Zoning code
S1
APN
0545.01-01-002.01
UPID
US77-0417574
Jurisdiction
GREENVILLE
Zoning & alternative use
S1 · Greenville, SCZoning S1 · permitted uses
S1 · Greenville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
0.95 ac
Current owner
From public records · entity-resolved
Marketplace Real Estate Holdings Ll
Entity
Mailing address
PO BOX 6595, GREENVILLE, SC 29606-6595
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
$1,275,000
Marketplace Real Estate Holdings Ll
Amy Katherine Duncan Scheiper
Deed
$1,000,000 · Southern First Bank NA
Jun 26, 2020
$895,000
Scheiper,robert J Trust
Now Is The Time LLC
Grant Deed
$716,000 · Oconee Fed'l S&l Assn
Oct 27, 2009
$725,000
Now Is The Time LLC
Iwc LLC
Warranty Deed
$552,500 · Independence National Bank
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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