908 Mechanic St Pendleton, SC 29670-1815
- Office buildings
- 6,375 SF
- 0.95 lot acres
Current Use by Public Records
- Fresenius Kidney Care Pendleton Dialysis / Dialysis Center
- RALPH S HENRY / Nephrologist
Property Details for 908 Mechanic St
- Year built
- 2004
- Lot size
- 0.95 lot acres
- Property size
- 6,375 SF
- Property type
- Office buildings
- APN
- 040-13-02-004
- APU
- 401302004
Description
This ±6,375 square foot medical office building, constructed in 2004, presents a compelling investment opportunity in Pendleton, South Carolina. Situated on approximately 0.95 acres, the property boasts ample parking and enjoys a highly visible location just one mile from downtown Pendleton, offering easy access to Highway 76 (26,400 vehicles per day). Its central location within Anderson County provides convenient access to a thriving community. The building's mixed-use zoning allows for flexibility, catering to various medical and office tenants. The surrounding area features a strong retail presence, including United Community Bank, Subway, Dairy Queen, Dollar General, CVS, Food Lion, Burger King, Zaxby's, and Bojangles, indicating a robust local economy. The average household income within a three-mile radius is $94,019, suggesting a high-demand market for this type of property. This property is ideal for investors seeking a well-located, established medical office building with significant potential for growth and strong tenant occupancy. The building's size and location make it suitable for a variety of medical practices or office uses. The property's proximity to Highway 76 ensures excellent visibility and accessibility for patients and clients. This is a rare opportunity to acquire a well-established property in a growing market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $760,000
- 6.5%
- $785,000
- 7%
- $740,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $755,000
- Geo Method
- $860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $800,000
- Retail
- $900,000
- Mixed-Use
- $895,000
- Hospitality
- $905,000
- Educational
- $850,000
- Residential Income
- $795,000
- Energy
- $780,000
- Income-Based Land
- $860,000
- Food Service
- $885,000
Location Insight
- Map
- Local Demand
- City
- Pendleton
- County
- Anderson
- State
- South Carolina
- Longitude
- -82.7833
- Latitude
- 34.6371
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
