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    For Sale (27)

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    Residential Land in Chesnee, SC
    $144,900
    2.49 Acres

    Residential Land in Chesnee, SC

    2.49 acre lot for dream home in District 2.

    229 Holly Dr, Chesnee, SC 29323
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    Gaffney Residential Lot For Sale
    $65,500
    2.34 Acres

    Gaffney Residential Lot For Sale

    2.34-acre residential lot in Gaffney, SC, ideal for building.

    Lake Whelchel Dr, Gaffney, SC 29341
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    Residential Lot in Gated Community
    $250,000
    0.76 Acres

    Residential Lot in Gated Community

    Homesite in Moore's sought-after gated community, build your dream home.

    617 Monfret Ct, Moore, SC 29369
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    Residential Lot in Gated Community
    $250,000
    0.62 Acres

    Residential Lot in Gated Community

    Homesite in Moore's prestigious gated community, build your dream home.

    631 Monfret Ct, Moore, SC 29369
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    Residential Lot in Gated Community
    $250,000
    0.62 Acres

    Residential Lot in Gated Community

    Residential lot in Moore, SC, ideal for custom estate.

    641 Monfret Ct, Moore, SC 29369
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    Residential Lot in Gated Community
    $250,000
    0.67 Acres

    Residential Lot in Gated Community

    Homesite in Moore's premier gated community, build your dream home.

    607 Monfret Ct, Moore, SC 29369
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    Roebuck Acreage: Build Your Dream Home
    $500,000
    18.31 Acres

    Roebuck Acreage: Build Your Dream Home

    18.31 acres near District 6 and I-26.

    Independence Ct, Roebuck, SC 29376
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    Residential Lot in Historic District
    $75,000
    0.14 Acres

    Residential Lot in Historic District

    Rare opportunity to build in downtown Spartanburg's Historic Hampton Heights.

    266 Hydrick St, Spartanburg, SC 29306
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    Residential Lot in Lyman, SC
    $75,000
    0.70 Acres

    Residential Lot in Lyman, SC

    0.70-acre lot for a dream home, no HOA.

    Rollingwood Dr, Lyman, SC 29365
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    Two Woodruff Homes on Acre+
    $384,900
    1,820 SF

    Two Woodruff Homes on Acre+

    Two renovated homes on a 1+ acre lot.

    710 W Georgia St, Woodruff, SC 29388
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    77 Acres Prime For Development
    $1,399,000
    77.30 Acres

    77 Acres Prime For Development

    77 acres in Gaffney, SC, suitable for development.

    00 Victory Trail Rd, Gaffney, SC 29340
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    Residential Lot with Lake View
    $69,900
    3.30 Acres

    Residential Lot with Lake View

    3.3-acre residential lot with lake in Inman, South Carolina.

    1559 Country Estates Rd, Inman, SC 29349
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    Inman Land Parcel For Sale
    $200,000
    0.92 Acres

    Inman Land Parcel For Sale

    Two combined parcels totaling 0.92 acres in Inman, South Carolina.

    221 N Main St, Inman, SC 29349
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    Undeveloped Land in Wellford, SC
    $215,000
    5.00 Acres

    Undeveloped Land in Wellford, SC

    5 acres of land between Spartanburg and Greenville.

    Barnwell Dr, Wellford, SC 29385
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    Spartanburg Acreage for Dream Home
    $275,000
    11.02 Acres

    Spartanburg Acreage for Dream Home

    11.02 acres in Spartanburg, SC, ideal for peaceful country living.

    Brown Sanders Rd, Spartanburg, SC 29307
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    19+ Acres on Carolina Country
    $900,000
    19.33 Acres

    19+ Acres on Carolina Country

    19.33 acres of prime real estate in Spartanburg, SC.

    2620 Carolina Country Club Rd, Spartanburg, SC 29306
    View details
    Highway 417 Acreage For Sale
    $689,500
    13.79 Acres

    Highway 417 Acreage For Sale

    13.79 acres on Highway 417 near Highway 101.

    00 Highway 417, Woodruff, SC 29388
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    Highway 417 Acreage For Sale
    $608,000
    12.16 Acres

    Highway 417 Acreage For Sale

    12.16 acres on Highway 417, Woodruff, South Carolina.

    Highway 417, Woodruff, SC 29388
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    Residential Lot in Woodfin Ridge
    $250,000
    1.79 Acres

    Residential Lot in Woodfin Ridge

    Two combined lots in a gated community with resort-style amenities.

    725 E Long Bay Dr, Inman, SC 29349
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    Residential Lot in Woodfin Ridge
    $250,000
    1.79 Acres

    Residential Lot in Woodfin Ridge

    Two combined lots in a gated community with golf course views.

    731 E Long Bay Dr, Inman, SC 29349
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    Residential Lot in Woodruff, SC
    Contact for pricing
    0.71 Acres

    Residential Lot in Woodruff, SC

    0.71 acre residential lot with no HOA restrictions.

    Kilgore Meadows Rd, Woodruff, SC 29388
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    Residential Lot in Dorman Meadows
    $37,900
    0.41 Acres

    Residential Lot in Dorman Meadows

    Residential lot in Roebuck, SC, ready for your dream home.

    324 Winston Ln, Roebuck, SC 29376
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    Residential Lot in Dorman Meadows
    Contact for pricing
    0.18 Acres

    Residential Lot in Dorman Meadows

    Residential lot in Roebuck, SC ready for your dream home.

    627 Pauline Ln, Roebuck, SC 29376
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    Roebuck Residential Lot For Sale
    $32,900
    0.38 Acres

    Roebuck Residential Lot For Sale

    0.38 acre residential lot in Dorman Meadows, Roebuck, SC.

    554 Vault Way, Roebuck, SC 29376
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    Roebuck Residential Lot For Sale
    Contact for pricing
    0.19 Acres

    Roebuck Residential Lot For Sale

    0.19 acre residential lot in Dorman Meadows subdivision.

    502 Vault Way, Roebuck, SC 29376
    View details
    25.75 Acres with Fenced Pastures
    $750,000
    25.75 Acres

    25.75 Acres with Fenced Pastures

    Land with fenced pastures, hardwoods, creek, and barn near Woodruff.

    240 Simmons Rd, Woodruff, SC 29388
    View details
    Residential Lot Near Downtown Spartanburg
    $34,900
    0.10 Acres

    Residential Lot Near Downtown Spartanburg

    0.10-acre vacant lot near downtown Spartanburg with sewer access.

    430 Tryon St, Spartanburg, SC 29301
    View details

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    THE PONCE REALTY GROUP, LLC.
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    THE PONCE REALTY GROUP, LLC.
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