Storefront
For Sale
$1,350,000
Pending
1385 Meadow Farm Road, Inman, SC 29349
Commercial building on a sizable tract with convenient access near Interstate 26 West.
Property Size7,500 SF
Lot Size2.75 Acres
Days on Market99
Property Features for 1385 Meadow Farm Road
General Information
Standard status
Pending
Size
7,500 SF
Total Parking Spaces
51
Lot size
2.75 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,327
Building Details
Buildings
1
Listed By:
Ott Group at Ponce Realty Group
(864) 580-6030
Source:
Ottgroupsells.idxbroker
Added: Jul 9
Changed: Oct 8
Last Checked: Oct 14 at 7:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ott Group at Ponce Realty Group
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Investment Insights
Based on property information with market context.
This storefront property includes a 7,500-square-foot commercial building on 2.75 acres. The site provides a substantial land component alongside the existing improvement, with room identified for parking or future expansion.
Positioned just off Interstate 26 West, the property offers direct access to a major transportation corridor. The existing building and land are described for potential retail, office, warehouse, or mixed-use development, providing several commercial use directions within the stated property profile.
Positioned just off Interstate 26 West, the property offers direct access to a major transportation corridor. The existing building and land are described for potential retail, office, warehouse, or mixed-use development, providing several commercial use directions within the stated property profile.
Key Highlights
- 7,500‑square‑foot commercial building
- 2.75‑acre commercial property
- Located just off Interstate 26 West
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,279
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,580
$1.7M
Cap Rate 7%
$1,232,557
$1.2M
Cap Rate 9%
$958,656
$958.7K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$135.0K $18.00/SF
− Vacancy
−$11.7K −$1.57/SF
EGI
$123.3K $16.43/SF
− OpEx
−$37.0K −$4.93/SF
NOI
$86.3K $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%
$1,725,580
Cap Rate 7%
$1,232,557
Cap Rate 9%
$958,656
Alternative Uses
Best Use
Retail
$1.23M
$1.08M – $1.44M
NOI $86,279 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.82M
$5.09M – $6.79M
NOI $407,569 @ 7.0% cap · market cap 30.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
71k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
QuikTrip
Shops & Services
47,218 visits/mo
0.2 miles
Circle K
Shops & Services
11,760 visits/mo
0.2 miles
Waffle House
Dining
8,212 visits/mo
0.2 miles
BP
Shops & Services
3,375 visits/mo
0.3 miles
Demographics for 29349, SC
36,458
Population
15,118
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
87%
High-School Grad
76.9 sq mi
ZIP Area
474
Density / Sq Mi
$74,363
Median Household Income
$42,604
Median Earnings
$917
Median Rent
$233,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Nicole's FlowerShop — Hemming Wy, Boiling Springs, SC 29316
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building on a sizable tract with convenient access near Interstate 26 West.
Where is this storefront property located?
The property is located at 1385 Meadow Farm Road Inman, SC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 7,500‑square‑foot commercial building; 2.75‑acre commercial property; Located just off Interstate 26 West
