1203 Poinsett StGreer, SC 29650

  • Mixed-use properties
  • 1,551 SF
For Sale
$579,000 View listing

Property Details for 1203 Poinsett St

Lot size
0.26 AC
Property size (Sq ft)
1,551 SF
Zone code
C3
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
G011.00-04-004.00
APU
G011000400400

Description

This exceptional 1,551-square-foot commercial property, located at 1203 W Poinsett St, Greer, SC 29650, presents a unique opportunity. Situated on a 0.255-acre lot near the intersection of Wade Hampton Blvd and W Poinsett St, this single-tenant building boasts a Class A designation and underwent a complete renovation in 2024. The property features a modern mid-century design with four individual offices, each enhanced by large windows allowing ample natural light. A spacious common area showcases 13-foot vaulted ceilings, complemented by new lighting and fixtures throughout. Recent improvements include new decking at both the front and rear of the building, an ADA-compliant handicap ramp, expanded rear parking with a designated handicap space in the front, and updated exterior landscaping. The building is fully furnished and zoned C-3. Originally constructed in 1976, this property offers a blend of classic charm and modern functionality, making it ideal for executive or medical office use. The total building area is 1,551 square feet, currently vacant and ready for immediate occupancy. This is a single-story building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $299,547
    6.5%
    $276,505
    7%
    $256,754
  • Comparable approach

    Method
    Valuation
    Relative Method
    $127,694
    Geo Method
    $127,694
  • Alternative Use

    Use
    Valuation
    Residential
    $342,866
    Hospitality
    $314,063
    Educational
    $261,297
    Medical
    $270,283
    Retail
    $406,462
1203 Poinsett St, Greer, South Carolina

Location Insight

City
Greer
County
Greenville
State
South Carolina
Latitude
34.942
Longitude
-82.2499
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
$5,474
$4,280
$9,990
$14,270
-
$71,400
$166,470
$237,870

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