Technical
Financial
Distress signals
Property profile

707 Bypass 25 NE 1 Greenwood, SC 29646

FOR SALE
Retail space
Property ID
US77-2145356
18,974 SF Built 1972
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses a 30,890 square foot flex space property situated on a 6.92-acre lot in Greenwood, South Carolina. The property consists of four buildings with diverse uses, offering a compelling blend of retail and industrial space. Building 1, a ±12,478 square foot retail space with a drive-thru, is currently occupied by a local tenant. Building 2, a vacant ±18,974 square foot former retail space previously occupied by a regional tenant, is actively being marketed for lease at $5 per square foot, triple net (NNN). Building 3 is a ±7,028 square foot flex building leased to a local tenant. Finally, Building 4 is a ±12,500 square foot warehouse currently occupied by a regional tenant. The property boasts a current Net Operating Income (NOI) of $81,000 and is currently 65% occupied. The property is zoned I-1 and features multiple APNs: 6856-655-414, 6856-670-398, 6856-617-394, and 6856-611-415. Located at 707 Bypass 25 NE, Greenwood, SC 29646, this property presents a strong investment opportunity in a thriving South Carolina community. The Greenwood area is home to numerous global companies and boasts a lower-than-average cost of living, a strong workforce, and access to higher education institutions. This diverse property portfolio offers significant potential for future income growth and value appreciation.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Total area 18,974 SF
APN 6856-655-414
UPID US77-2145356

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

707 Bypass 25 NE, Unit 1 Greenwood, SC 29646
Greenwood metro Census 970500 GREENWOOD, SC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$566k
Blend (final) Blend
$720k

Owner & transaction history

since 2025
Last sale
$845,000
1 recorded transaction
2025
$845,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.3M +15.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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