1504 Greenville StAnderson, SC 29621

Property Details for 1504 Greenville St

Year built

1989

Lot size

0.52 AC

Property size (Sq ft)

2,491 SF

Property type

Individual retail properties

APN

148-09-02-005

APU

1480902005

Description

This 2,400 square foot storefront, built in 1989, is situated on a 0.52-acre lot at 1504 E Greenville St, Anderson, SC 29621. The property boasts 125 feet of frontage on E. Greenville Street, a major thoroughfare with a daily traffic count of 29,200 vehicles. Its strategic location places it approximately 1.5 miles from both AnMed Health Campus and AnMed Hospital, offering significant visibility and accessibility. The property includes an access road leading to a traffic light at the intersection of E. Greenville Street and Cornelia Road, enhancing convenience for customers. The building's design is well-suited for repurposing as a drive-thru establishment. An adjacent property at 1502 E. Greenville Street is also available for purchase, presenting an opportunity for expansion or combined ownership. The asking price for this exceptional retail space is $750,000.

• CAP approach

  CAP return

  Valuation

  6%

  $936,801

  6.5%

  $864,739

  7%

  $802,972

• Comparable approach

  Method

  Valuation

  Relative Method

  $516,812

  Geo Method

  $516,812

• Alternative Use

  Use

  Valuation

  Residential

  $729,440

  Hospitality

  $668,163

  Educational

  $555,904

  Medical

  $575,022

  Retail

  $864,739

Location Insight

City

Anderson

County

Anderson

State

South Carolina

Latitude

34.5276

Longitude

-82.6355

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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