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    1023 Fernwood Glendale Rd Spartanburg, SC 29307

    Sponsored
    For Lease
    $15 SF/Yr ($8,625 /Mo)

    4,400 SF Available, Ample Parking

    Lot size:
    6,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,400 square foot commercial space, located at 1023 Fernwood Glendale Rd in Spartanburg, South Carolina, presents a unique opportunity for businesses seeking a prominent location. Situated in Spartanburg County, zip code 29307, this property boasts a highly desirable Eastside location directly across from the bustling Hillcrest Shopping Center, ensuring high visibility and foot traffic. The building itself offers a total of 6,900 square feet, with the available space suitable for either retail or executive office use. The flexible layout allows for customization to meet diverse business needs. Ample parking is available for tenants and their clients, addressing a common concern in high-traffic areas. The property is classified as multi-tenant, offering a vibrant and collaborative environment. This prime location, combined with the significant available space and convenient parking, makes this property an ideal choice for businesses seeking to establish or expand their presence in a thriving commercial district. The property is zoned for both retail and office use, providing flexibility for a wide range of potential tenants. Don't miss this chance to secure a space in a highly sought-after area of Spartanburg.

    Property Features for 1023 Fernwood Glendale Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,900 SF
    Total Rate
    8625

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,400 SF
    Rate per SF
    $15

    HighLights

    • 4,400 SF of available commercial space in Spartanburg, SC.
    • High‑traffic Eastside location.
    • Directly across from Hillcrest Shopping Center.
    • Suitable for retail or office use.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Minuteman Press Graphic Designer Gateway Tours and Cruises Cruise Agency Beautiful Ending Beauty ... Beauty Salon Stafford’s of Spartanburg Gift Shop Wine & Design Spartanburg Painting Studio

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -81.8933204
    Latitude
    34.9662466

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    FAQs

    What type of property is this?
    Individual retail property - 4,400 SF Available, Ample Parking
    Where is this individual retail property located?
    The property is located at 1023 Fernwood Glendale Rd Spartanburg, SC.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 4,400 SF of available commercial space in Spartanburg, SC.; High-traffic Eastside location.; Directly across from Hillcrest Shopping Center.
    Request Owner's contact information
    1023 Fernwood Glendale Rd Spartanburg, SC 29307
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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
    1023 Fernwood Glendale Rd Spartanburg, SC 29307
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