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    1457 Country Est Dr Inman, SC 29349

    Sponsored
    For Sale
    $333,000

    Residential Lot - Inman, SC

    Lot size:
    10.42 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 25 at 9:06 am

    Property Features for 1457 Country Est Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    Exterior features
    Hilly/Steep, Level, Open, Sloping, Wooded, River Frontage
    Lot size
    10.42 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Rick Angell
    Rick Angell

    Real Broker, LLC (704) 454-8820

    Listing agent Rick Angell (731) 561-3650 License #90911

    Listing date Feb 24, 2026

    MLS# 333864 Listing URL

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

    Learn more

    Overview

    Inman, SC Residential Lot

    This 10.5-acre property in Inman, SC, features 900 feet of river frontage and is set up for two homes. It includes two separate water lines with separate meters and two separate septic systems. A long driveway has been recently resurfaced with fresh gravel. The property includes a modified manufactured home that has been detitled and made into a permanent structure. Originally a 14 x 70 foot single wide, it has an additional 14 x 70 foot section added to the back, resulting in double exterior walls and a double roof covered by a single 28 x 70 roof. The property also features a circular driveway, two detached carports, multiple storage buildings with power, and a shed for parking tractor equipment. There is also an old trailer that was previously used as a large chicken coop. The HVAC system, along with all new duct work, was replaced 2-3 years ago. The home is equipped with gas heat and a furnace, as well as two wood-burning stoves. The septic system currently in use was recently pumped and is in great condition. The property backs up to the North Pacolet River, and the river water has been tested annually and deemed clean and safe. The property is being sold as-is.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Inman
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.0561
    Latitude
    35.0511

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    FAQs

    What type of property is this?
    Specialty property - 10.5 acre lot with river frontage and home.
    Where is this specialty property located?
    The property is located at 1457 Country Est Dr Inman, SC.
    What is the asking price?
    The asking price for this property is $333,000.
    What are key features of this property?
    This property features: - 10.5 acres with **900 ft of North Pacolet River frontage.**; - Setup for two homes with 2 separate water lines/meters and 2 separate septic systems.; - Modified, detitled manufactured home with double exterior walls and roof.
    (864) 400-4200
    Request Owner's contact information
    1457 Country Est Dr Inman, SC 29349
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    Inman, SC 29349
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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
    1457 Country Est Dr Inman, SC 29349
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    We can help!
    Listing Contact
    Rick Angell
    Rick Angell
    Real Estate License ID: 90911
    (864) 400-4200 (864) 504-4314 (864) 414-5188
    Learn more
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