Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    813 Greenwood St Abbeville, SC 29620-2552
    Property profile & analytics

    813 Greenwood St Abbeville, SC 29620-2552

    View on Map
    • Commercial real estate
    • 2,382 SF
    • 0.70 lot acres
    Off-Market
    Property ID
    US77-2701152
    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

    • Bojangles / Restaurant / Take-out & Catering

    Property Details for 813 Greenwood St

    Lot size
    0.70 lot acres
    Property size
    2,382 SF
    Property type
    Commercial real estate
    APN
    122-00-00-176
    APU
    1220000176

    Description

    This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 2,695 square foot Bojangles restaurant in Abbeville, South Carolina. Built in 2023, this single-tenant property boasts a 15.3-year remaining lease term (expiring February 28, 2040) with a top-performing franchisee operating over 125 units. The lease is a triple-net (NNN) agreement, ensuring minimal landlord responsibilities. The property features 28 parking spaces and is situated on a 0.85-acre lot with high visibility on SC Hwy 72, a major commercial corridor. The lease includes 10% rent bumps every five years, starting in year seven, providing significant long-term growth potential. The property's strong location benefits from proximity to government offices, a medical center, and other established retailers. With a current NOI of $131,704 and a 5.85% cap rate, this investment offers a compelling return on investment. The property is zoned GC (General Commercial) and enjoys 100% occupancy since its January 31, 2024 opening. Three five-year lease renewal options further enhance the security and longevity of this investment. The Abbeville location benefits from a substantial workforce within a 30-mile radius and a growing population in Abbeville County. This is a rare opportunity to acquire a high-performing, net-leased asset with a strong tenant and significant upside potential.

    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
    Abbeville
    County
    Abbeville
    State
    South Carolina
    Longitude
    -82.3822
    Latitude
    34.1624

    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
    $1,437
    $0.00
    $0.00
    $3,360
    -
    $56,000
    $0.00
    $56,000

    Comparable in this City

    • Value Estimation by Request
      3.91 Acres

      844 Greenwood Hwy

      Retail properties & Spaces • 10,600 SF
      844 Greenwood Hwy, Abbeville, SC 29620
      View Details
    • Value Estimation by Request
      8.48 Acres

      265 Cold Spgs Church Rd

      COMMERCIAL (GENERAL) • 8.48 Acres
      265 Cold Spgs Church Rd, Abbeville, SC 29620-4002
      View Details
    • Value Estimation by Request
      0.09 Acres

      Abbeville, SC 29620

      COMMERCIAL (GENERAL) • 0.09 Acres
      Abbeville, SC 29620
      View Details
    • Value Estimation by Request
      0.21 Acres

      Abbeville, SC 29620

      COMMERCIAL (GENERAL) • 0.21 Acres
      Abbeville, SC 29620
      View Details
    • Value Estimation by Request
      0.22 Acres

      1st St

      COMMERCIAL (GENERAL) • 0.22 Acres
      1st St, Abbeville, SC 29620
      View Details
    • Value Estimation by Request
      0.13 Acres

      Br St

      COMMERCIAL (GENERAL) • 0.13 Acres
      Br St, Abbeville, SC 29620
      View Details

    Similar Nearby for Sale

    • $750,000
      188.78 Acres

      Abbeville Vacant Land Opportunity

      Unique land parcel with utilities near downtown Abbeville.
      -- Brookside Dr, Abbeville, SC 29620
      View Details
    • $159,000
      1,386 SF

      Downtown Abbeville Commercial Space

      Versatile commercial building in historic downtown Abbeville, South Carolina.
      107 Trinity St, Abbeville, SC 29620
      View Details
    • Contact for pricing

      Abbeville Industrial Building For Sale

      112,000 SF industrial building with office space on 7 acres.
      718 Carwellyn Rd, Abbeville, SC 29620
      View Details
    • $198,900
      32.00 Acres

      32 Acres Development Opportunity, Abbeville

      32 acres of land suitable for residential or commercial development.
      821 Greenwood St E, Abbeville, SC 29620
      View Details
    • Contact for pricing
      1.45 Acres

      Land For Sale, Abbeville SC

      1.45 acre land available in Abbeville, South Carolina.
      Lake Forest Dr, Abbeville, SC 29620
      View Details
    • $4,000,000
      82.14 Acres

      Waterfront Acreage Near Great Waters

      82.14 acres of waterfront property near Lake Secession.
      00 Jets Landing Rd, Abbeville, SC 29620
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr

      Abbeville Warehouse/Industrial Space For Lease

      Versatile property with ample space for various business needs.
      584 Highway 28 South, Abbeville, SC 29620
      View Details
    • Contact for pricing

      Abbeville Retail Spaces Available

      Retail spaces available, ranging from 1,375 to 1,875 SqFt.
      1616 N Main St, Abbeville, SC 29620
      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.
    813 Greenwood St
    Abbeville, SC 29620-2552
    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
    813 Greenwood St, Abbeville, SC, 29620
    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!