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    1015 Union St Spartanburg, SC 29302

    For Sale
    $250,000

    Retail property for sale, close to downtown and transportation.

    Property size:
    1,810 SF
    Lot size:
    0.34 Acres

    Property Features for 1015 Union St

    General Information

    Size
    1,810 SF
    Lot size
    0.34 Acres

    Source: Colliers | Spartanburg Agent Greyson Furnas, CCIM

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

    Overview

    Retail Property Near Downtown Spartanburg

    This retail property is located approximately 2.2 miles from Downtown Spartanburg. The property experiences a traffic volume of approximately 16,600 vehicles per day via Union Street, based on 2024 data. It is situated in close proximity to both the Mary Black Rail Trail and Duncan Park. The property offers a total area of 1,810 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -81.9046332
    Latitude
    34.9377841

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    FAQs

    What type of property is this?
    Retail property - Retail property for sale, close to downtown and transportation.
    Where is this retail property located?
    The property is located at 1015 Union St Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Close proximity to Downtown Spartanburg (±2.2 miles); - High traffic volume via Union Street (±16,600 VPD); - Near Mary Black Rail Trail
    (864) 316-8192
    Request Owner's contact information
    1015 Union St Spartanburg, SC 29302
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    Spartanburg, SC 29302
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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
    1015 Union St Spartanburg, SC 29302
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