Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1217 Riveroak Road Inman, SC 29349

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 1217 Riveroak Road, Inman, SC
    For Sale
    $85,000

    Residential Lot - Inman, SC

    Lot size:
    0.52 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    15
    Last Refresh:
    Apr 20 at 1:06 pm

    Property Features for 1217 Riveroak Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2-22-00-183.00
    Lot size
    0.52 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kimberley Humphries

    Listing agent Kimberley Humphries

    Listing office Bluefield Realty Group 750 Executive Center Dr #207, Greenville, SC

    Listing date Apr 6, 2026

    MLS# 1587166 Listing URL

    Copyright © 2026 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot Near Lake Bowen

    This half-acre residential lot is located near Lake Bowen, Boiling Springs, and Spartanburg. Situated in the District 2 school area, the property has no restrictions. Its location provides convenient access to I-26, restaurants, shopping, parks, and other amenities. The lot is suitable for building a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Garden Center Travel Agency (Bike/Boat/Book/etc) Store Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inman
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.00366
    Latitude
    35.096302

    Nearby Similar for Sale

    • $849,900

      Commercial Land in Growing Inman

      1.27 acres in Inman, SC, suitable for retail/office.
      11031 Asheville Highway, Inman, SC 29349
      View Details
    • $985,000

      Multifamily Investment Opportunity in Inman

      Five-unit multifamily property with immediate income and long-term potential.
      Bishop Road, Inman, SC 29349
      View Details
    • $3,250,000
      1,800 SF

      Inman Commercial Property with Storage

      4.24 acre commercial property with warehouse and storage units.
      5301 Highway 9, Inman, SC 29349
      View Details
    • $523,000

      Inman Commercial Land Opportunity

      4.76 acre commercial lot with road frontage near Lake Bowen.
      7680 * 7690 Highway 9, Inman, SC 29349
      View Details
    • $1,350,000
      7,500 SF

      Commercial Property Near Interstate 26

      2.75 acre commercial property with 7,500 SF building.
      1385 Meadow Farm Road, Inman, SC 29349
      View Details
    • $350,000

      Inman Acreage with Pond

      8.1 acres of land with pond near Inman, SC.
      0 Hannon Road, Inman, SC 29349
      View Details
    • $1,200,000

      Inman, SC Development-Ready Land

      11-acre development-ready land with high visibility and resale potential.
      0 HWY 11, Inman, SC 29349
      View Details
    • $305,000

      Lakefront Lot in Golf Community

      Residential lot in Woodfin Ridge Golf Community with lake frontage.
      434 Tangleridge Drive, Inman, SC 29349
      View Details
    • $399,000

      New Duplex in Growing Inman

      New construction duplex in Inman, SC with strong rental demand.
      2039/2041 Brother Arthur Trail, Inman, SC 29349
      View Details
    • $375,000

      Newer Duplex in Growing Inman

      Turnkey investment: newer duplex with income potential in Inman, SC.
      2007/2009 Brother Arthur Trail, Inman, SC 29349
      View Details
    • $165,000

      Waterfront Residential Lot For Sale

      Half-acre waterfront lot on Spartanburg Reservoir, Inman, SC.
      0 Riveroak Rd, Inman, SC 29349
      View Details
    • $499,000

      Lakefront Lot in Woodfin Ridge

      Dockable lakefront lot with golf and mountain views.
      208 E Caledonia Court, Inman, SC 29349
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Half-acre residential lot near Lake Bowen and I-26.
    Where is this residential land & home lot located?
    The property is located at 1217 Riveroak Road Inman, SC.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Half acre lot next to Lake Bowen; No Restrictions; District 2 Schools
    (864) 626-7296
    We can help!
    Listing Contact
    Kimberley Humphries
    Real Estate License ID: 120398
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!