Commercial Redevelopment
352 Whitney Road Spartanburg, SC 29303
New
352 Whitney Road, Spartanburg, SC, 29303
$88,900
For Sale
$88,900
SINGLE_FAMILY - Spartanburg, SC
Property Size925 SF
Lot Size0.40 Acres
Price / SF$96.11
Days on Market2
Property Features for 352 Whitney Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- commercial
- Standard status
- Active
- Size
- 925 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1296
Utilities
- Heating system
- None (Heating)
- Cooling system
- None (Cooling)
- Water source
- Public
Listing agency
Summey & McKillop Realty, LLC
(864) 909-6975
Listed by
Brandon McKillop · License #67162
(864) 590-4921
Added: Jul 21 Checked: Jul 22 at 3:06PM
MLS# 339692
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.
For sale is a commercial-zoned property on Whitney Road featuring 925 square feet of existing building area on a 0.4-acre lot. The property is currently condemned and will require extensive renovations, so it is being offered as a blank slate for a buyer’s redevelopment plans.
The property is listed as 352 Whitney Road in Spartanburg County, SC. It offers convenient access to Spartanburg amenities per the remarks, and buyers are encouraged to verify zoning requirements, permitted uses, and all development conditions with local authorities.
The property is being sold AS IS, WHERE IS with no repairs to be made by the seller. This is an agent-owned listing.
The property is listed as 352 Whitney Road in Spartanburg County, SC. It offers convenient access to Spartanburg amenities per the remarks, and buyers are encouraged to verify zoning requirements, permitted uses, and all development conditions with local authorities.
The property is being sold AS IS, WHERE IS with no repairs to be made by the seller. This is an agent-owned listing.
Key Highlights
- 925‑square‑foot property at 352 Whitney Road (Chesnee Highway 221)
- Currently condemned and requiring extensive renovations
- Sold AS IS, WHERE IS with no repairs by the seller
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.7k | $15.84 |
| − Vacancy | −$806 | −$0.87 |
| EGI | $13.8k | $14.97 |
| − OpEx | −$6.2k | −$6.74 |
| NOI | $7.6k | $8.23 |
925 SF · lease $15.84/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Office B
$204.3K
$178.7K – $238.3K
NOI $14,299 @ 7.0% cap · market cap 16.08%
Second Best
Apartment 5plus
$108.8K
$95.2K – $126.9K
NOI $7,615 @ 7.0% cap · market cap 8.57%
Theoretical Best
Warehouse
$718.1K
$628.3K – $837.8K
NOI $50,267 @ 7.0% cap · market cap 56.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Consolidated sale of a condemned, 925-square-foot commercial-zoned property on Whitney Road, sold as-is for redevelopment.
Where is this single family property located?
The property is located at 352 Whitney Road Spartanburg, SC.
What is the asking price?
The asking price for this property is $88,900.
What are key features of this property?
This property features: 925‑square‑foot property at 352 Whitney Road (Chesnee Highway 221); Currently condemned and requiring extensive renovations; Sold AS IS, WHERE IS with no repairs by the seller
