2615 Woodruff RdSimpsonville, SC 29681

  • Retail properties
  • 1.16 AC
For Lease
$35/SF/YR View listing

Property Details for 2615 Woodruff Rd

Year built
1995
Lot size
1.16 AC
Zone code
C-1
Property type
Retail properties
Property subtype
Strip malls
APN
0548.02-01-039.02
APU
548020103902

Description

This ±3,040 square foot retail space, ideally situated in the heart of Five Forks' thriving retail corridor, presents a unique opportunity for a discerning business. The property boasts two storefront entrances, encompassing a former Cocobowlz space (approximately 1,300 SF) and a former Soul Yoga space (approximately 2,740 SF). An attractive outdoor patio, accessible via a roll-up door, adds significant appeal. The building enjoys exceptional visibility and accessibility due to its location at a signalized intersection. Currently occupied by tenants (please do not disturb), this space offers immediate potential for a variety of retail or restaurant concepts. The surrounding area is anchored by major retailers including Publix, Food Lion, and Lowe's Foods, ensuring high foot traffic and convenient access for customers. Five Forks is experiencing the highest residential growth in Greenville County, making this an ideal location to capitalize on a burgeoning market. The building itself has recently undergone extensive renovations, ensuring a modern and well-maintained space for your business. This property offers outstanding demographics, location, and visibility, making it a truly exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,098,578
    6.5%
    $13,937,149
    7%
    $12,941,638
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,483,540
    Geo Method
    $10,483,540
  • Alternative Use

    Use
    Valuation
    Residential
    $11,756,507
    Hospitality
    $10,768,897
    Educational
    $8,959,596
    Medical
    $9,267,730
    Retail
    $13,937,149
2615 Woodruff Rd, Simpsonville, South Carolina

Location Insight

City
Simpsonville
County
Greenville
State
South Carolina
Latitude
34.8061
Longitude
-82.2282
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
$26,405
$27,360
$58,150
$85,510
-
$456,000
$969,220
$1,425,220

FAQs

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