Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1707 John B White Sr Blvd. Hwy Spartanburg, SC 29301
    Property profile & analytics

    1707 John B White Sr Blvd. Hwy, Spartanburg, SC 29301

    View on Map
    • Retail properties & Spaces
    • 6,234 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1707 John B White Sr Blvd. Hwy

    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional retail and office property, located at 1707 John B White Sr Blvd (Hwy 296) in Spartanburg, South Carolina, 29301, offers a prime opportunity for businesses seeking flexible and versatile space. The building totals 6,234 square feet and is zoned B-1 City of Spartanburg, allowing for a variety of commercial uses. Currently, there is 4,312 square feet of vacant space available, divisible into units ranging from a minimum of 742 square feet to a maximum contiguous space of 1,785 square feet. The property's multiple tenancy structure provides a dynamic environment, suitable for both established businesses and startups. Its convenient location on John B White Sr Blvd (Hwy 296) ensures high visibility and easy access for clients and employees. The property's subtype includes Executive Office, Storefront, and Traditional options, catering to diverse business needs. This is an excellent opportunity to secure a well-situated space in a thriving Spartanburg County location. The property is available for lease and offers a range of sizes to accommodate various business requirements. Inquire today to learn more about this exceptional commercial real estate opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9864
    Latitude
    34.9243

    Comparable in this City

    • Value Estimation by Request
      2,527 SF

      1703-1707 John B White Sr Blvd

      Individual retail properties
      1703-1707 John B White Sr Blvd, Spartanburg, SC 29301
      View Details
    • Value Estimation by Request
      11,245 SF

      1510 O. Ezell Blvd

      Individual retail properties
      1510 O. Ezell Blvd, Spartanburg, SC 29301
      View Details
    • Value Estimation by Request
      1.78 Acres

      Hidden Hill Rd

      Land
      0 Hidden Hill Rd, Spartanburg, SC 29301
      View Details
    • Value Estimation by Request
      1.65 Acres

      John B White Sr Blvd & Hidden Hl Rd

      Retail properties & Spaces
      0 John B White Sr Blvd & Hidden Hl Rd, Spartanburg, SC 29301
      View Details
    • Value Estimation by Request
      15,600 SF

      1407 Wo Ezell Blvd

      RETAIL STORES (PERSONAL SERVICES)
      1407 Wo Ezell Blvd, Spartanburg, SC 29301-1529
      View Details
    • Value Estimation by Request
      870 SF

      704 Main St

      RETAIL STORES (PERSONAL SERVICES)
      704 Main St, Spartanburg, SC 29301-2033
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,400 SF

      Operating Retail Storefront For Sale

      Operating retail store with high traffic volume, inventory negotiable.
      8003 Warren H Abernathy Hwy, Spartanburg, SC 29301
      View Details
    • $200,000
      1,800 SF

      Retail and Residential Income Property

      Investment opportunity with retail space and tenant-occupied mobile home.
      170 S Blackstock Rd, Spartanburg, SC 29301
      View Details
    • Contact for pricing
      3,600 SF

      Retail Property in Spartanburg, SC

      Retail property available for sale in Spartanburg, South Carolina.
      234 John B White Sr Blvd, Spartanburg, SC 29301
      View Details
    • Contact for pricing
      2,040 SF

      Retail Property in Spartanburg, SC

      Retail property available for sale in Spartanburg, South Carolina.
      2880 Reidville Rd, Spartanburg, SC 29301
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space with Mobile Home

      Investment property featuring retail space and a mobile home.
      170 Blackstock Rd, Spartanburg, SC 29301
      View Details
    • $4,175,000

      Spartanburg Retail Investment Opportunity

      Fully leased outparcel pad building in Spartanburg's prime retail area.
      1501 W O. Ezell Blvd, Spartanburg, SC 29301
      View Details

    Similar Nearby for Lease

    • $22,200
      1,700 SF

      Prime Spartanburg Office Space

      1700 SF Executive Office, $1850/Month
      603 Main St, Spartanburg, SC 29301
      View Details
    • Contact for pricing
      1,745 SF

      Mixed-Use Building in Opportunity Zone

      Retail, restaurant, office, and entertainment spaces for lease.
      500 W Main St, Spartanburg, SC 29301
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space with Highway Access

      4,500 SF retail space with flexible terms and visibility.
      2799 Reidville Rd, Spartanburg, SC 29301
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Available Near I-26

      Retail space available near Exit 22 off I-26.
      2401 Reidville Rd, Spartanburg, SC 29301
      View Details
    • Contact for pricing
      9,000 SF

      Spartanburg Retail Showroom Space Available

      8,000 SF showroom with warehouse storage and tenant improvements.
      150 East Blackstock Rd, Spartanburg, SC 29301
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in Dorman Centre

      Retail space available in a shopping center anchored by Walmart.
      142 Dorman Centre Dr, Spartanburg, SC 29301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1707 John B White Sr Blvd. Hwy
    Spartanburg, SC 29301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1707 John B White Sr Blvd. Hwy, Spartanburg, SC, 29301
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!