1451 Woodruff RdGreenville, SC 29607

  • Retail properties
  • 23.62 AC
For Lease

Property Details for 1451 Woodruff Rd

Lot size
23.62 AC
Zone code
C-3
Property type
Retail properties
Property subtype
Outlet malls
APN
0547.03-01-001.24
APU
547030100124

Description

The Shoppes at Woodruff, a thriving community center in Greenville, South Carolina, offers a prime retail space totaling 3,207 square feet. This 82,408-square-foot center, built in 1999, boasts 18 suites and ample parking with 469 spaces. Strategically located at 1451 Woodruff Road in Greenville County (zip code 29607), the property benefits from its position on Greenville's busiest retail thoroughfare, Woodruff Road. The center enjoys a Walmart Supercenter shadow anchor and is conveniently situated half a mile east of the I-85 and I-385 interchange, experiencing high daily traffic exceeding 40,100 vehicles. A signalized main entrance ensures easy access. Established national tenants include Staples, Dollar Tree, Cato, Once Upon A Child, and Sally Beauty Supply, creating a strong tenant mix and a vibrant shopping environment. This exceptional location and established tenant base present a compelling opportunity for a new business to thrive. The property is situated in Greenville County, South Carolina.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $332,070,432
    6.5%
    $306,526,560
    7%
    $284,631,808
  • Comparable approach

    Method
    Valuation
    Relative Method
    $213,492,016
    Geo Method
    $213,492,016
  • Alternative Use

    Use
    Valuation
    Residential
    $258,566,624
    Hospitality
    $236,845,648
    Educational
    $197,052,800
    Medical
    $203,829,744
    Retail
    $306,526,560
1451 Woodruff Rd, Greenville, South Carolina

Location Insight

City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8229
Longitude
-82.282
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
$362,043
$381,300
$776,260
$1,157,560
-
$6,355,000
$12,937,610
$19,292,610

FAQs

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