1607 Laurens RdGreenville, SC 29607
- Retail properties
- 2.49 AC
Property Details for 1607 Laurens Rd
- Lot size
- 2.49 AC
- Zone code
- R6
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 0257.00-08-018.00
- APU
- 257000801800
Description
The Shoppes at Gower, a single-story, 6,060 square foot retail center located at 1607 Laurens Road in Greenville, South Carolina (zip code 29607), offers exceptional leasing opportunities. Currently undergoing redevelopment, this property boasts high visibility on a heavily trafficked road (30,300 vehicles per day) and features multiple access points with a convenient turning lane. Two suites are available for lease, starting January 2025, ranging from 1,200 to 4,130 contiguous square feet, with a total of 10,560 square feet currently vacant. The space, previously occupied by a gym, is adaptable for various uses, including retail, professional, or office spaces. The center benefits from monument signage and is strategically positioned near a vibrant mix of retailers, restaurants, and entertainment venues, including The Fresh Market, Smoothie King, DaVinci's, Red Bowl Asian Bistro, and many more. The surrounding 5-mile radius is densely populated, with over 180,710 residents. The property was renovated in 2018. This prime location offers unparalleled exposure and access to a large consumer base, making it an ideal investment for businesses seeking high visibility and convenient access in a thriving Greenville community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $35,030,400
- 6.5%
- $32,335,752
- 7%
- $30,026,056
-
Comparable approach
- Method
- Valuation
- Relative Method
- $22,521,458
- Geo Method
- $22,521,458
-
Alternative Use
- Use
- Valuation
- Residential
- $27,276,418
- Hospitality
- $24,985,052
- Educational
- $20,787,270
- Medical
- $21,502,176
- Retail
- $32,335,752
Location Insight
- City
- Greenville
- County
- Greenville
- State
- South Carolina
- Latitude
- 34.8417
- Longitude
- -82.3578
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].