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    175 Town Dr Spartanburg, SC 29303

    Sponsored
    For Sale
    $385,000

    Prime Office Space, I-85 Visibility

    Property size:
    2,228 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,228 square foot office building in Spartanburg, South Carolina, presents a compelling investment opportunity. Located at 175 N Town Dr, 29303, this single-building property sits on a one-acre lot, offering significant expansion potential. Built in 1998, the building is in very good condition and boasts excellent visibility due to its direct exposure to Interstate 85, near a convenient exit. The asking price is $385,000, translating to $172.80 per square foot. Currently vacant, this versatile space is ideal for traditional office use, but could also easily accommodate service-based businesses or retail operations. The property's strategic location provides immediate access to a thriving commercial area, with nearby retail establishments, restaurants, banks, and apartments. The ample land provides the opportunity to significantly expand the existing parking lot or even construct an additional building. This property offers a rare combination of prime location, excellent condition, and significant growth potential, making it an attractive investment for discerning buyers. The property is ready for immediate occupancy and offers the flexibility to expand as needed.

    Property Features for 175 Town Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,228 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1998
    Buildings
    1

    HighLights

    • 2,228 SF office building on a one‑acre lot in Spartanburg, SC.
    • Located at 175 N Town Dr, 29303, with excellent I‑85 visibility.
    • Built in 1998, in very good condition, currently vacant.
    • Asking price: $385,000 ($172.80/SF).
    • Prime location near retail, restaurants, banks, and apartments; expansion potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9692757
    Latitude
    34.9857892

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, I-85 Visibility
    Where is this office property / space located?
    The property is located at 175 Town Dr Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: 2,228 SF office building on a one-acre lot in Spartanburg, SC.; Located at 175 N Town Dr, 29303, with excellent I-85 visibility.; Built in 1998, in very good condition, currently vacant.
    (864) 576-4660
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    175 Town Dr Spartanburg, SC 29303
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    Spartanburg, SC 29303
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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
    175 Town Dr Spartanburg, SC 29303
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