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    Property profile & analytics

    896 Mechanic St Pendleton, SC 29670-1813

    • Office buildings
    • 5,805 SF
    • 2.51 lot acres
    OFF-MARKET
    Value Estimations
    $1,330,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0841213
    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.

    Current Use by Public Records

    • Arthur L Bruce, DMD & Associates / Dental Office
    • Bruce Family Dental / Dental Office
    • Arthur L Bruce & Associates: Bruce Jay DDS / Dental Office
    • Dr. Craig A. Horton, DMD / Dental Office
    • Tompkins Patricia / Dental Office

    Property Details for 896 Mechanic St

    Year built
    2005
    Lot size
    2.51 lot acres
    Property size
    5,805 SF
    Property type
    Office buildings
    APN
    040-13-01-024
    APU
    401301024

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,700,000
      6.5%
      $1,570,000
      7%
      $1,455,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,305,000
      Market price range: $510k - $1.78M
      AI Estimate
      $1,112,000
      Market price range: $601k - $1.11M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $980,000
      Current use
      RESTAURANT
      $865,000
      Change: -12% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Pendleton
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.7825
    Latitude
    34.6391
    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
    $20,674
    $19,680
    $43,430
    $63,110
    -
    $0.00
    $0.00
    $1,051,793

    Comparable in this City

    • Value Estimation
      $565,000
      2,906 SF

      6615 Hwy 76

      OFFICE BUILDING • 2,906 SF
      6615 Hwy 76, Pendleton, SC 29670-9152
      View Details
    • Value Estimation by Request
      2,833 SF

      164 Main St, Unit 166

      OFFICE BUILDING • 2,833 SF
      164 Main St, Pendleton, SC 29670-1306
      View Details
    • Value Estimation by Request
      854 SF

      5911 Hwy 76

      OFFICE BUILDING • 854 SF
      5911 Hwy 76, Pendleton, SC 29670-9145
      View Details
    • Value Estimation by Request
      449 SF

      6605 Hwy 76

      OFFICE BUILDING • 449 SF
      6605 Hwy 76, Pendleton, SC 29670-9152
      View Details
    • Value Estimation by Request
      1,217 SF

      5298 Hwy 76

      OFFICE BUILDING • 1,217 SF
      5298 Hwy 76, Pendleton, SC 29670-8847
      View Details
    • Value Estimation by Request
      343 SF

      807 Queen St

      OFFICE BUILDING • 343 SF
      807 Queen St, Pendleton, SC 29670-1521
      View Details

    Similar Nearby for Sale

    • $429,900

      Office Space with Garage Bays

      Two-room office with three-bay garage near Highway 76.
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    • Contact for pricing
      420,000 SF

      Industrial Building Near I-85

      Industrial building with heavy power, multiple docks, and ample parking.
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    • $1,190,000

      Prime Pendleton Commercial Land Opportunity

      1.85-acre commercial land with high visibility and development potential.
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    • $180,000
      0.47 Acres

      Pendleton Commercial Property - High Traffic Area

      Prime Commercial Space, High Visibility, 0.47 Acres
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    • $750,000
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      Pendleton Commercial Land - 1 Acre

      Prime 1-acre commercial lot, ideal QSR location.
      0 Us-76, Pendleton, SC 29670
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    • $165,000
      5.72 Acres

      Private Land with Creek Border

      5.72 acres of peaceful land with mature hardwoods and creek.
      Six And Twenty Rd, Pendleton, SC 29670
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    Similar Nearby for Lease

    • $3 SF/Yr
      420,000 SF

      Industrial Building Near I-85

      Industrial building with heavy power, multiple docks, and ample parking.
      290 Old Anderson Rd, Pendleton, SC 29670
      View Details
    • $3 SF/Yr
      420,000 SF

      Pendleton Industrial Warehouse Space

      Large warehouse space available for lease or sale.
      290 Old Anderson Rd, Pendleton, SC 29670
      View Details
    • $3,500 /Mo

      Historic Pendleton Bank Retail Space

      Renovated retail space in historic Pendleton Town Square.
      104 Exchange St, Pendleton, SC 29670
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease in Pendleton, South Carolina.
      7624 Highway 76, Pendleton, SC 29670
      View Details
    • Contact for pricing
      196,560 SF

      Industrial Property in Pendleton, SC

      Industrial property available for lease in Pendleton, South Carolina.
      4601 Liberty Hwy, Pendleton, SC 29670
      View Details
    • $600 /Mo

      Vacant Land in Pendleton, SC

      Vacant land suitable for manufactured home in Pendleton, South Carolina.
      727 Greenville St, Pendleton, SC 29670
      View Details
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    896 Mechanic St
    Pendleton, SC 29670-1813
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    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
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