954 Pleasantburg DrGreenville, SC 29607

  • Retail properties
  • 0.66 AC
For Lease

Property Details for 954 Pleasantburg Dr

Lot size
0.66 AC
Zone code
C-3
Property type
Retail properties
Property subtype
Drive through restaurants
APN
0280.00-01-056.02
APU
280000105602

Description

This 1,525 square foot quick-service restaurant (QSR) with a drive-thru is located at 954 N Pleasantburg Dr, Greenville, SC 29607, in Greenville County. The property is situated in a high-traffic retail corridor, surrounded by numerous national and local businesses including Sprouts Farmers Market, Clutch Coffee, CVS Pharmacy, Walgreens, Starbucks, and Wendy's. The location benefits from a strong demographic profile, with an affluent suburban community boasting an average household income exceeding $86,000 within a three-mile radius. The area's population density is significant, with over 71,300 residents within three miles and over 177,600 within five miles. The property also enjoys high visibility due to a daily vehicle count of 55,000. Furthermore, the proximity to Bob Jones University provides a substantial student population of over 3,800 within a one-mile radius, creating a consistent customer base. This single-tenant property presents a compelling investment opportunity in a thriving retail environment. The property is a quick-service restaurant with a drive-thru.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,291,678
    6.5%
    $8,576,934
    7%
    $7,964,296
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,973,730
    Geo Method
    $5,973,730
  • Alternative Use

    Use
    Valuation
    Residential
    $7,234,964
    Hospitality
    $6,627,189
    Educational
    $5,513,744
    Medical
    $5,703,370
    Retail
    $8,576,934
954 Pleasantburg Dr, Greenville, South Carolina

Location Insight

City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8666
Longitude
-82.3573
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
$44,353
$64,350
$56,750
$121,100
-
$1,072,560
$945,820
$2,018,380

FAQs

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