Property profile

975 By Pass 123 Seneca, SC 29678

OFF-MARKET
Banks
Property ID
US77-0987017
3,032 SF 0.66 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,289 square foot medical office building in Seneca, South Carolina, currently leased to AFC Urgent Care under a 10-year absolute NNN lease commencing December 24, 2023, and expiring December 31, 2033. The property boasts a strong 5.75% cap rate and a Net Operating Income (NOI) of $120,000. The lease includes annual rent bumps, ensuring consistent income growth. Situated on a 0.66-acre lot at 975 By Pass 123, Seneca, SC 29678, this high-visibility location benefits from exceptional daily traffic counts exceeding 31,000 vehicles on US Route 123, and an additional 50,900 vehicles daily at the nearby intersection of US Route 123 and State Route 28. The property enjoys proximity to major national retailers including Walmart, Lowe's, and numerous others, further enhancing its visibility and desirability. Its strategic location is also less than one mile from Prisma Health Oconee Memorial Hospital and less than eight miles from Clemson University, providing a substantial and stable patient base for the tenant. The building underwent renovations in 2024. This is a passive, long-term investment opportunity with a proven tenant in a high-traffic area. This offering is suitable for a 1031 exchange.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1985
Total area 3,032 SF
Lot 0.66 ac (28,750 SF)
APN 520-16-01-012
UPID US77-0987017

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm

Location

975 By Pass 123 Seneca, SC 29678-4758
Seneca metro Census 30601 SENECA, SC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2025
Last sale
$1.9M
2 recorded transactions
2025
$1.9M
2022
$530,000

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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