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    Cedar Springs Rd Spartanburg, SC 29302

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, 1,200 sq ft.

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property in Spartanburg, South Carolina, presents a prime opportunity for retail businesses. Located on Cedar Springs Rd, zip code 29302, this property boasts a total of 1,200 square feet of retail space currently available for lease. The entire building is vacant, offering a blank canvas for a new tenant to customize. The property is zoned C-1, allowing for a variety of commercial uses. The lot size is between 0.5 and 1 acre, providing ample space for potential expansion or outdoor seating, depending on the tenant's needs. The property type is classified as retail, land, and restaurant, making it suitable for a diverse range of businesses. The multiple tenancy designation indicates the potential for subdividing the space to accommodate multiple tenants. This property is situated in Spartanburg County and offers excellent visibility and accessibility due to its location on Cedar Springs Rd. The 0.5-acre lot provides ample space for parking and outdoor amenities. This is a ground lease opportunity. Interested parties should inquire for further details. The property's location in Spartanburg offers access to a thriving local market and a strong customer base. This is an ideal location for businesses seeking high visibility and convenient access for customers.

    Property Features for 0 Cedar Springs Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,200 SF
    Space
    Available Space
    Size
    0 SF

    HighLights

    • High‑visibility site directly across from a Walmart Neighborhood Market and a shopping center with KFC and Walgreens as co‑tenants.
    • New Starbucks location immediately adjacent.
    • 0.5‑acre parcel available for ground lease.
    • Prime location on the heavily trafficked intersection of Hwy 295.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.8856983
    Latitude
    34.9162809

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space, 1,200 sq ft.
    Where is this restaurant located?
    The property is located at Cedar Springs Rd Spartanburg, SC.
    What are key features of this property?
    This property features: High-visibility site directly across from a Walmart Neighborhood Market and a shopping center with KFC and Walgreens as co-tenants.; New Starbucks location immediately adjacent.; 0.5-acre parcel available for ground lease.
    Request Owner's contact information
    Cedar Springs Rd Spartanburg, SC 29302
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    Spartanburg, SC 29302
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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
    Cedar Springs Rd Spartanburg, SC 29302
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