102 Buford AveAnderson, SC 29621

Property Details for 102 Buford Ave

Year built

1978

Lot size

1.04 AC

Property size (Sq ft)

4,145 SF

Property type

Office buildings

APN

148-08-04-022

APU

1480804022

Description

This exceptional two-story, 10,405 square foot medical office building in Anderson, South Carolina, presents a compelling investment opportunity. Boasting a 7.89% cap rate and 100% occupancy across five tenants, this property offers immediate cash flow. Situated on a spacious 1.55-acre lot in Anderson County (APN 148-08-04-022-000), the building, constructed in 1978, benefits from its strategic location between AnMed Health's North and South campuses, ensuring convenient access for both tenants and patients. The substantial lot size presents potential for future expansion or development, enhancing long-term investment returns. The current multi-tenant structure minimizes risk and provides a stable income stream. The strong occupancy rate and favorable demographics of the area, coupled with the proximity to major healthcare facilities, contribute to a robust and sustained demand for medical office space. Opportunities exist to further increase property value through lease restructuring and implementing modern amenities to attract higher-quality tenants and command increased rental rates. This Class B property is a rare find in a thriving healthcare market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,201,820

  6.5%

  $1,109,370

  7%

  $1,030,130

• Comparable approach

  Method

  Valuation

  Relative Method

  $341,258

  Geo Method

  $341,258

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,234,190

  Retail / Commercial

  $1,135,880

  Mixed-Use / Specialty

  $1,124,100

  Hospitality / Lodging

  $814,652

  Institutional / Educational

  $1,165,850

  Residential Income

  $1,364,040

  Multifamily

  $1,678,800

  Automotive / Energy

  $999,296

  Parking / Income-Based Land

  $352,481

  Restaurant / Food Service

  $568,158

  Healthcare / Senior Housing

  $1,160,670

Location Insight

City

Anderson

County

Anderson

State

South Carolina

Latitude

34.5243

Longitude

-82.6355

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].