Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    White Horse Rd Piedmont, SC 29673

    • Flex space
    • 1.71 lot acres
    OFF-MARKET
    Last Sale
    Aug 25, 2021
    $465,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1223863
    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

    • Flex space

    Property Details for White Horse Rd

    Lot size
    1.71 lot acres
    Zone code
    S1
    Property type
    Flex space
    APN
    WG06.01-01-016.03
    APU
    WG06010101603

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Piedmont
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.4143
    Latitude
    34.7879
    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
    $7,396
    $9,960
    $8,210
    $18,170
    -
    $0.00
    $0.00
    $403,670

    Comparable in this City

    • Value Estimation by Request
      50.00 Acres

      1866 Old Grv Rd

      LIGHT INDUSTRIAL • 50.00 Acres
      1866 Old Grv Rd, Piedmont, SC 29673-9661
      View Details
    • Value Estimation by Request
      3.95 Acres

      Piedmont Hwy

      LIGHT INDUSTRIAL • 3.95 Acres
      Piedmont Hwy, Piedmont, SC 29673
      View Details
    • Value Estimation by Request
      1.30 Acres

      2838 Frk Shls Rd

      LIGHT INDUSTRIAL • 1.30 Acres
      2838 Frk Shls Rd, Piedmont, SC 29673-8650
      View Details
    • Value Estimation by Request
      58.95 Acres

      1700 Old Grv Rd

      LIGHT INDUSTRIAL • 58.95 Acres
      1700 Old Grv Rd, Piedmont, SC 29673-9562
      View Details
    • Value Estimation
      $16,000,000
      12.87 Acres

      119 Matrix Pkwy

      LIGHT INDUSTRIAL • 12.87 Acres
      119 Matrix Pkwy, Piedmont, SC 29673-6553
      View Details
    • Value Estimation by Request
      17.98 Acres

      561 Bessie Rd

      LIGHT INDUSTRIAL • 17.98 Acres
      561 Bessie Rd, Piedmont, SC 29673-9551
      View Details

    Similar Nearby for Sale

    • $1,300,000
      10,500 SF

      Piedmont Industrial Flex Space

      10,500 SF Flex Warehouse - $1.3M
      2310 River Rd, Piedmont, SC 29673
      View Details
    • $1,675,000
      11,570 SF

      Piedmont Industrial Flex/Manufacturing Property

      11,570 SF industrial flex/manufacturing building on 1.13 acres.
      2516 River Rd, Piedmont, SC 29673
      View Details
    • $470,000
      3,000 SF

      Retail/Industrial Space on 0.36 Acres

      3,000 SF retail/industrial space on 0.36 acres for sale.
      1733 Piedmont Hwy, Piedmont, SC 29673
      View Details
    • Contact for pricing
      28,350 SF

      Piedmont Industrial Opportunity For Sale

      Prime industrial opportunity in Piedmont, SC, for sale or lease.
      Exchange Logistics Park Dr, Piedmont, SC 29673
      View Details
    • Contact for pricing
      10 SF

      Piedmont Warehouse on 2.23 Acres

      10,415 SF warehouse on 2.23 AC in Piedmont, SC.
      1400 Piedmont Hwy, Piedmont, SC 29673
      View Details
    • $1,300,000
      10,500 SF

      Renovated Warehouse with Outdoor Storage

      Renovated, fully air-conditioned warehouse with easy highway access.
      2310 River Rd, Piedmont, SC 29673
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 SF

      Piedmont Flex/Industrial Space Available

      Flex/industrial space available for rent in Piedmont, South Carolina.
      1412 Piedmont Hwy, Piedmont, SC 29673
      View Details
    • $5,500 /Mo
      9,882 SF

      Office/Warehouse Space with Laydown Area

      9,882 SF office/warehouse space available for sublease.
      265 Pine Dr, Piedmont, SC 29673
      View Details
    • Contact for pricing
      42,120 SF

      Industrial Space in Upstate Trade

      Newly constructed industrial space available for lease in Greenville, SC.
      1172 Bracken Rd, Piedmont, SC 29673
      View Details
    • Contact for pricing
      100,000 SF

      Piedmont Warehouse Space Available

      100000 square foot warehouse space for rent.
      1104 Piedmont Hwy, Piedmont, SC 29673
      View Details
    • Contact for pricing
      10 SF

      Piedmont Warehouse on 2.23 Acres

      10,415 SF warehouse on 2.23 AC in Piedmont, SC.
      1400 Piedmont Hwy, Piedmont, SC 29673
      View Details
    • $6 SF/Yr
      300,645 SF

      1700 Old Grove Road: Industrial Space

      Class A industrial space for lease in Piedmont, SC
      1700 Old Grove Rd, Piedmont, SC 29673
      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.
    White Horse Rd
    Piedmont, SC 29673
    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

    Google sign-in failed. Please try again or use another login method.