This exceptional 8,000 square foot medical office building, situated at 3535 Pelham Road in Greenville, South Carolina, presents a prime leasing opportunity. Constructed in 2002 and extensively renovated in 2022, the Class B property boasts a modern aesthetic and efficient layout. The building features two stories and offers 4,000 square feet of immediately available space, perfect for a single tenant or divisible for multiple occupants. The maximum contiguous space available is 4,000 square feet. Located in the Pelham/I-85 Submarket, this property benefits from excellent visibility and accessibility. The 0.124-acre site provides ample parking, with a ratio of 3.34 spaces per 1,000 square feet. Utilities are serviced by Duke Energy. While elevators are not present, the two-story building offers convenient access. The property is zoned POD (Planned Office District) within Greenville County, SC, and its address is 3535 Pelham Road, Greenville, SC 29615, with a cross street of Milestone Way. The property's APN is 0533250100600. This is a multi-tenant building offering a versatile space ideal for medical practices seeking a well-maintained and conveniently located facility in a thriving Greenville submarket.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,043,102
6.5%
$962,863
7%
$894,087
Comparable approach
Method
Valuation
Relative Method
$444,664
Geo Method
$444,664
Alternative Use
Use
Valuation
Residential
$1,193,950
Hospitality
$1,093,652
Educational
$909,906
Medical
$941,199
Retail
$1,415,409
Location Insight
City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8611
Longitude
-82.2714
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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