2 Kalyns WayPiedmont, SC 29673

  • Turn key restaurants
  • 3,448 SF

Property Details for 2 Kalyns Way

Year built
2006
Lot size
1.00 AC
Property size (Sq ft)
3,448 SF
Property type
Turn key restaurants
APN
237-00-05-057
APU
2370005057

Description

This exceptional 3,450-square-foot freestanding retail building, located at 2 Kalyns Way in Piedmont, South Carolina, presents a unique opportunity for a quick-service restaurant or fast-casual establishment. The property boasts a convenient drive-thru, a significant advantage for maximizing efficiency and customer convenience. Situated on a one-acre lot, the building is ideally positioned near Interstate 85, ensuring high visibility and accessibility for potential customers. Existing signage visible from the interstate provides immediate brand recognition potential. The building's previous use as a fast-food restaurant offers a head start for any operator looking to minimize initial build-out costs. The entire 3,450 square feet is currently vacant and ready for immediate occupancy. This prime location benefits from a strong concentration of national and regional restaurant chains in close proximity, including Cracker Barrel, Burger King, 7-Eleven, Arby's, KFC, Wendy's, Dunkin', McDonald's, and Starbucks, creating a vibrant and established commercial environment. The property's address is 2 Kalyns Way, Piedmont, SC 29673. This is an excellent opportunity to establish a thriving business in a high-traffic area with significant visibility. The property is zoned for commercial use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,239,580
    6.5%
    $1,144,228
    7%
    $1,062,498
  • Comparable approach

    Method
    Valuation
    Relative Method
    $715,362
    Geo Method
    $715,362
  • Alternative Use

    Use
    Valuation
    Residential
    $965,199
    Hospitality
    $884,117
    Educational
    $735,575
    Medical
    $760,873
    Retail
    $1,144,228

Location Insight

City
Piedmont
County
Anderson
State
South Carolina
Latitude
34.7764
Longitude
-82.4664
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
$40,372
$42,000
$81,440
$123,440
-
-
-
$2,057,300

FAQs

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