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Property profile & analytics
FOR LEASE
Retail properties & Spaces
205 W Blackstock Rd Spartanburg, SC 29301
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-0694982
For Lease
1 / 5
$3,960,000
205 W Blackstock Rd, Spartanburg, SC 29301
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1976
Construction
BRICK
Total area
161,514 SF
Lot
9.99 ac (435,164 SF)
APN
6-1716-00101
UPID
US77-0694982
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Maurices Clothing & Fashion Store
-
The Children's Place Clothing & Fashion Store
-
American Eagle Fashion Accessories Store Men'S Clothing Store
-
rue 21 Clothing Store Fashion Accessories Store
-
Helzberg Diamonds (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.84M
Blend (final)
Blend
$3.96M
Owner & transaction history
Ajm LLC Spartanburg Sc · 1 yrs held
Ajm LLC Spartanburg Sc
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spartanburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spartanburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.96M
Range $3.56M – $4.36M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$25 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$153,835
Tax year 2023
Assessed value
$357,180
Assessed 2023
Previous assessed
$357,180
+0.0% YoY
Effective rate
43.07%
On assessed value
Assessed land
$201,396
Assessed improvement
$155,784
Land market value
$3,356,600
Improvement market value
$2,596,400
Total market value
$5,953,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
For Lease
Year built
1976
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
161,514 SF
Lot
9.99 ac (435,164 SF)
APN
6-1716-00101
UPID
US77-0694982
Jurisdiction
SPARTANBURG
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
9.99 ac
Current owner
From public records · entity-resolved
Ajm LLC Spartanburg Sc
Entity
Mailing address
150 GREAT NCK RD #3, GREAT NECK, NY 11021-3356
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2025
$5,200,000
Ajm LLC Spartanburg Sc
Srb Spartanburg LLC
Warranty Deed
—
Dec 27, 2024
—
Westgate Carolina Realty LLC
—
Deed
related
—
Aug 5, 2024
—
Belk INC
—
Deed
related
$2,000,000 · Sixth Street Lending Partners
Jun 7, 2024
$15,150,000
Westgate Carolina Realty LLC
Spinoso Real Estate Group Dls LLC
Quit Claim Deed
related
—
Jun 4, 2020
—
Belk INC
—
Deed
related
$110,000,000 · Wilmington Tr NA
Apr 13, 2020
—
Srb Spartanburg LLC
Tf Spartanburg Sc LLC
Quitclaim Deed
related
—
Apr 13, 2020
$5,000,000
Srb Spartanburg LLC
Tf Spartanburg Sc LLC
Deed
—
Apr 19, 2019
—
Tf Spartanburg Sc LLC
—
Grant Deed
related
$800,000,000 · Hps Inv Ptrs LLC
Mar 1, 2019
—
Tf Spartanburg Sc LLC
Src Facilities LLC
Trust Deed
$325,000,000 · Jpp LLC
Sep 17, 2018
—
Src Facilities LLC
—
Deed
related
$143,000 · Ubs Ag Stamford Br
Mar 16, 2018
—
Src Facilities LLC
Src Facilities Sta 2003-a
Quitclaim Deed
related
$200,000,000 · Ubs Ag Stamford Br
—
—
Westgate Mall Cmbs LLC
—
Deed Of Trust
related
$40,000,000 · Key Bank NA
—
—
Belk INC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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