1504 Greenville StAnderson, SC 29621

  • Retail properties
  • 2,491 SF
For Sale
$750,000 View listing

Property Details for 1504 Greenville St

Year built
1989
Lot size
0.52 AC
Property size (Sq ft)
2,491 SF
Property type
Retail properties
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1504 Greenville St, Anderson, South Carolina

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

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
$12,978
$16,200
$15,270
$31,470
-
-
-
$524,417

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