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    1074 Asheville Hwy Spartanburg, SC 29303

    • Office buildings
    • 3,010 SF
    • 0.62 lot acres
    For Sale
    View listing
    $450,000
    Value Estimation
    Last Sale
    Mar 22, 2022
    $450,000
    Location Intelligence
    Property ID
    US77-0510287
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Site Design, Inc. / Website Designer
    • Exacta Workforce Solutions / Employment Agency
    • Chad Wagner - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency

    Property Details for 1074 Asheville Hwy

    Year built
    1986
    Construction
    BRICK
    Lot size
    0.62 lot acres
    Property size
    3,010 SF
    Property type
    Office buildings
    APN
    7-0716-08000
    APU
    7071608000

    Description

    This exceptional industrial property, located at 1074 Asheville Highway in Spartanburg, South Carolina, presents a compelling investment opportunity. Priced at $450,000, this 0.26-acre lot offers significant potential for various commercial uses. The property is classified as both industrial and commercial, providing flexibility for a range of businesses. The warehouse building itself is currently un-subdivided, offering a blank canvas for customization and development. Its location in Spartanburg, SC, zip code 29303, provides convenient access to major transportation routes and a thriving local economy. The property's zoning and permitted uses should be independently verified to ensure compliance with intended business operations. This is an excellent opportunity for owner-occupiers or investors seeking a versatile industrial space in a prime location. The absence of existing units allows for complete design and build-out to meet specific business needs. Serious inquiries are encouraged to explore the full potential of this valuable asset. Further details regarding the property's specifics, including any potential environmental concerns, should be independently investigated prior to purchase. This property is being sold as-is.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9523
    Latitude
    34.969
    CBSA code
    43900
    CBSA name
    SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,754
    $7,860
    $19,206
    $27,066
    -
    $131,000
    $320,100
    $451,100

    Comparable in this City

    • Value Estimation by Request
      1,920 SF

      360 Magnolia St

      OFFICE BUILDING • 1,920 SF
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      View Details
    • Value Estimation by Request
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      400 Magnolia St

      OFFICE BUILDING • 4,000 SF
      400 Magnolia St, Spartanburg, SC 29303-3640
      View Details
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      42,915 SF

      630 Chesnee Hwy

      OFFICE BUILDING • 42,915 SF
      630 Chesnee Hwy, Spartanburg, SC 29303-2378
      View Details
    • Value Estimation by Request
      1,040 SF

      1233 Asheville Hwy

      OFFICE BUILDING • 1,040 SF
      1233 Asheville Hwy, Spartanburg, SC 29303-2107
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    • Value Estimation by Request
      2,944 SF

      620 John Dodd Rd

      OFFICE BUILDING • 2,944 SF
      620 John Dodd Rd, Spartanburg, SC 29303-6314
      View Details
    • Value Estimation by Request
      2,100 SF

      689 Pne St

      OFFICE BUILDING • 2,100 SF
      689 Pne St, Spartanburg, SC 29303-3746
      View Details

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    Similar Nearby for Lease

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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
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