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    1564 Asheville Hwy Spartanburg, SC 29303

    For Lease
    Contact for pricing

    Retail space for lease near major universities and downtown.

    Property size:
    1,200 SF
    Lot size:
    2.00 Acres

    Property Features for 1564 Asheville Hwy

    General Information

    Size
    1,200 SF
    Lot size
    2.00 Acres

    Source: Collett & Associates | Greenville Agent Cortney Carter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Asheville Highway

    Up to 1,200 square feet of retail space is available for lease. The property is ideally situated off Asheville Highway, a major corridor with a traffic volume of 22,200 vehicles per day, leading from Business I-85 to downtown Spartanburg. It is located near USC Upstate, which has approximately 6,000 students, Converse University with approximately 1,394 students, and Wofford College with approximately 1,770 students. The location offers close proximity to Business I-85 and downtown Spartanburg. Current co-tenants include Monterrey Mexican Restaurant, Wing Crave, Lifestyle Nutrition, H&R Block, Smoker Cabinet, and MedEquip. Nearby retailers and restaurants include Chick-fil-A, Bojangles, Arby’s, Burger King, Taco Bell, Family Dollar, La Unica, Waffle House, and O’Reilly Auto Parts.
    Insight Report Location Intelligence

    Current Use by Public Records

    On Premise Solutions Drug Testing Service Personnel Solutions Inc Employment Agency Smokers Cabinet Vaporizer Store Cleveland Village Business Center Wing Crave Chicken Wings Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.968169
    Latitude
    34.98008

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease near major universities and downtown.
    Where is this retail space located?
    The property is located at 1564 Asheville Hwy Spartanburg, SC.
    What are key features of this property?
    This property features: - High-traffic location on Asheville Hwy (22,200 VPD); - Proximity to Business I-85 and Downtown Spartanburg; - Located near USC Upstate, Converse University, and Wofford College
    (864) 752-0302
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    1564 Asheville Hwy Spartanburg, SC 29303
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