Operating Tire
For Sale
$1,500,000
778 S Church St, Spartanburg, SC 29306
Commercial property currently supporting tire-service operations on S Church St in Spartanburg.
Property Size2,004 SF
Price / SF$748.50
Days on Market48
Property Features for 778 S Church St
General Information
Standard status
Active
Size
2,004 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,602
Listing Agency:
Keller Williams Realty
(864) 641-5641
Listed By:
Amanda Mershon · License #130827
(864) 641-5641
Source:
Exprealty
Added: Jun 19
Changed: Aug 5
Last Checked: Aug 5 at 2:56AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This auto shop property at 778 S Church St in Spartanburg, SC, is currently operating as a tire shop. The existing commercial use provides a ready physical setting for automotive service operations, with the property positioned along a road offering frontage and visibility.
The site provides access to major highways and is situated near shopping, dining, and residential neighborhoods. These surrounding uses contribute to a broad nearby customer base for an automotive-oriented business.
The site provides access to major highways and is situated near shopping, dining, and residential neighborhoods. These surrounding uses contribute to a broad nearby customer base for an automotive-oriented business.
Key Highlights
- Currently operating as a tire shop
- Located at 778 S Church St, Spartanburg, SC
- Road frontage supports property visibility
Financial Insights For Industrial
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 | $141.9k | $70.80 |
| − Vacancy | −$13.8k | −$6.87 |
| EGI | $128.1k | $63.93 |
| − OpEx | −$38.4k | −$19.18 |
| NOI | $89.7k | $44.75 |
2,004 SF · lease $70.80/SF/yr · vacancy 9.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.28M
$1.12M – $1.49M
NOI $89,684 @ 7.0% cap · market cap 5.98%
Second Best
Retail
$329.3K
$288.2K – $384.2K
NOI $23,054 @ 7.0% cap · market cap 1.54%
Theoretical Best
Warehouse
$1.56M
$1.36M – $1.82M
NOI $108,902 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 54%
Dining 35%
Groceries 10%
Citi Trends
Apparel
5,042 visits/mo
0.4 miles
American Deli
Dining
3,287 visits/mo
0.4 miles
Piggly Wiggly
Groceries
957 visits/mo
0.4 miles
Demographics for 29306, SC
16,822
Population
7,618
Households
2.2
Avg Household Size
36
Median Age
21%
College-Educated
83%
High-School Grad
19.5 sq mi
ZIP Area
863
Density / Sq Mi
$38,858
Median Household Income
$30,629
Median Earnings
$913
Median Rent
$159,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Ace Towing of Spartanburg LLC — 904 S Church St, Spartanburg, SC 29306
- A-1 Wrecker Services — 905 Irwin Ave Extention, Spartanburg, SC 29306
- Jerry Bishop Body Shop — 1040 S Church St Ext, Spartanburg, SC 29306
- Taylor Made Towing, Spartanburg, SC — 880 S Irwin Ave, Spartanburg, SC 29306
- TMR - Towing - Spartanburg, SC — 888 S Irwin Ave, Spartanburg, SC 29306
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property currently supporting tire-service operations on S Church St in Spartanburg.
Where is this auto shop located?
The property is located at 778 S Church St Spartanburg, SC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Currently operating as a tire shop; Located at 778 S Church St, Spartanburg, SC; Road frontage supports property visibility
