Building Details

Flooring type Concrete

Listing Agency: Springs Realty Show Phone

Listed By: Clay Palmer · License #97246 Show Phone

Added: Mar 21 Changed: Sep 4 Last Checked: Oct 8 at 8:06AM

Report an Issue

MLS# 335104

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.

Investment Insights

Based on property information with market context.

The property includes a 1,750-square-foot convenience store building with concrete flooring and central air conditioning. Public water serves the site, and the store has been closed for a few years.

The offering includes 6.4 acres along Highway 56 at 8091 Highway 56 in Enoree, Spartanburg County, South Carolina. The combination of an existing convenience-store structure and substantial acreage provides a defined commercial property footprint for evaluation.

Key Highlights

• 1,750‑square‑foot convenience store building
• 6.4 acres included with the property
• Located along Highway 56 in Enoree

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,132

Cap Rate

8.75%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$402,640 $402.6K

Cap Rate 7%

$287,600 $287.6K

Cap Rate 9%

$223,689 $223.7K

Market Conditions

NOI Build-Up for 1,750 SF

Gross rent

$31.5K $18.00/SF

− Vacancy

−$2.7K −$1.57/SF

EGI

$28.8K $16.43/SF

− OpEx

−$8.6K −$4.93/SF

NOI

$20.1K $11.50/SF

Area

Spartanburg County, SC

Vacancy

8.70%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$402,640

Cap Rate 7%

$287,600

Cap Rate 9%

$223,689

Alternative Uses

Best Use

Specialty Retail

$492.2K

$430.7K – $574.2K (±1% cap)

NOI $34,453 @ 7.0% cap · market cap 14.98%

Second Best

Retail

$287.6K

$251.7K – $335.5K (±1% cap)

NOI $20,132 @ 7.0% cap · market cap 8.75%

Theoretical Best

Warehouse

$1.36M

$1.19M – $1.58M (±1% cap)

NOI $95,099 @ 7.0% cap · market cap 41.35%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Grocery and convenience stores

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 29335, SC

5,316

Population

2,282

Households

2.3

Avg Household Size

44

Median Age

9%

College-Educated

80%

High-School Grad

95.6 sq mi

ZIP Area

56

Density / Sq Mi

$53,352

Median Household Income

$39,306

Median Earnings

$446

Median Rent

$121,000

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Restaurant and Convenience Store

701 Union Hwy, Enoree, SC 29335

$175,000

1,500 SF

View details

Freestanding NNN Property with Restaurant

3883 Cross Anchor Rd, Enoree, SC 29335

$5,768,400

View details

7-Eleven Gas Station

3890 CROSS ANCHOR RD, Enoree, SC 29335

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Existing retail improvements include central air, concrete flooring, and public water.

Where is this grocery and convenience store located?

The property is located at 8091 Highway 56 Enoree, SC.

What is the asking price?

The asking price for this property is $230,000.

What are key features of this property?

This property features: 1,750‑square‑foot convenience store building; 6.4 acres included with the property; Located along Highway 56 in Enoree