Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2600 Boiling Springs Rd Boiling Springs, SC 29316
    Back to Search
    Property profile & analytics

    2600 Boiling Springs Rd Boiling Springs, SC 29316

    View on Map
    • Land
    • 1.08 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2600 Boiling Springs Rd

    Lot size
    1.08 lot acres
    Property type
    Land

    Description

    This exceptional 1.08-acre commercial land parcel presents a remarkable development opportunity in the rapidly growing Boiling Springs, South Carolina market. Priced at $750,000, this property boasts excellent visibility and accessibility. Situated on Boiling Springs Road, it offers approximately 75 feet of frontage on Highway 9 and approximately 200 feet of frontage on Rocky Branch Road, ensuring high traffic exposure. All utilities are readily available to the site, simplifying development plans. The location is strategically advantageous, with proximity to major thoroughfares and significant retail developments. It's just 1.3 miles from a Target development and 1.5 miles from Interstate 85, providing convenient access for both employees and customers. The surrounding area demonstrates strong demographics, with a 5-mile population of 66,941 and an average household income of $65,974. The high daily traffic volume of 33,400 vehicles per day further underscores the property's exceptional commercial potential. This prime location and readily available infrastructure make this land an ideal investment for a variety of commercial ventures. Don't miss this chance to capitalize on the thriving Boiling Springs market. The property is located in Spartanburg County, South Carolina, zip code 29316.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boiling Springs
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9686
    Latitude
    35.0325

    Comparable in this City

    • Value Estimation by Request
      20.33 Acres

      160 Malinda Dr

      Land • 20.33 Acres
      160 Malinda Dr, Boiling Springs, SC 29316
      View Details
    • Value Estimation by Request
      4.80 Acres

      3420 Boiling Springs Rd

      Land • 4,021 SF
      3420 Boiling Springs Rd, Boiling Springs, SC 29316
      View Details
    • Value Estimation by Request
      2.05 Acres

      120 Old Furnace Rd

      Land • 2.05 Acres
      120 Old Furnace Rd, Boiling Springs, SC 29316
      View Details
    • Value Estimation by Request
      3.75 Acres

      8709 Asheville Hwy

      Land • 3.75 Acres
      8709 Asheville Hwy, Boiling Springs, SC 29316
      View Details
    • Value Estimation by Request
      1.00 Acre

      9 And Kenneth Dr

      Land • 1.00 Acre
      9 And Kenneth Dr, Boiling Springs, SC 29316
      View Details
    • Value Estimation by Request
      2.21 Acres

      1564 Boiling Springs Rd

      Land • 2.21 Acres
      1564 Boiling Springs Rd, Boiling Springs, SC 29316
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      2.05 acres of land available for purchase.
      120 Old Furnace Rd, Boiling Springs, SC 29316
      View Details
    • Contact for pricing

      Land For Sale Boiling Springs

      Land available for purchase in Boiling Springs, South Carolina.
      1548 Boiling Spring Rd, Boiling Springs, SC 29316
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Boiling Springs, SC.
      190 Sloane Garden Rd, Boiling Springs, SC 29316
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Boiling Springs, SC.
      161 Mcmillin Blvd, Boiling Springs, SC 29316
      View Details
    • $1,500,000

      Land For Sale

      Land available for sale in Boiling Springs, South Carolina.
      8709 Asheville Hwy, Boiling Springs, SC 29316
      View Details

    Similar Nearby for Lease

    • $36,000

      Boiling Springs Land for Rent

      Eight acres of land available for rent in Boiling Springs.
      8211 Asheville Hwy, Boiling Springs, SC 29316
      View Details
    • Contact for pricing

      Highway Frontage Outparcel For Lease

      0.67-acre lot available for land lease or build-to-suit.
      Melody Ln & Boiling Spg Rd, Spartanburg, SC 29316
      View Details
    • Contact for pricing

      Prime Retail Pad for Lease

      1.5 acre pad site near Target and Ingles.
      2201 Boiling Spring Rd, Boiling Springs, SC 29316
      View Details
    • $3,000 /Mo

      Boiling Springs Outdoor Storage Lot

      10.60 AC outdoor storage lot for lease, Boiling Springs.
      201 Giles Dr, Boiling Springs, SC 29316
      View Details
    • Contact for pricing

      Retail or Land Lease Opportunity

      Land available for retail build to suit or land lease.
      3420 Boiling Spring Rd, Boiling Springs, SC 29316
      View Details
    • Contact for pricing

      Land for Rent Opportunity

      Land available for rent in Boiling Springs, South Carolina.
      2137 Boiling Spring Rd, Boiling Springs, SC 29316
      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.
    2600 Boiling Springs Rd
    Boiling Springs, SC 29316
    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
    2600 Boiling Springs Rd, Boiling Springs, SC, 29316
    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!