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    Property profile & analytics

    2199 Chesnee Hwy Spartanburg, SC 29303

    • Grocery and convenience stores
    • 1,800 SF
    • 1.00 lot acres
    For Sale
    View listing
    $275,000
    Value Estimation
    Last Sale
    Mar 03, 2023
    $2,009,773
    Location Intelligence
    Property ID
    US77-0593253
    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

    • Hunt Brothers Pizza / Pizza Restaurant / Pizza Takeout
    • 76 / Gas Station
    • ATM (Citgo Corner Mart) / Atm

    Property Details for 2199 Chesnee Hwy

    Year built
    1996
    Construction
    CONCRETE BLOCKS
    Lot size
    1.00 lot acres
    Property size
    1,800 SF
    Property type
    Grocery and convenience stores
    APN
    7-0200-05800
    APU
    7020005800

    Description

    This exceptional 0.68-acre commercial land parcel presents a prime investment opportunity in Spartanburg, South Carolina. Strategically located at the intersection of Chesnee Highway and I-85, this property boasts unparalleled visibility and accessibility. Situated at Exit 78 of I-85 Northbound, it benefits from over 76,000 vehicles passing daily, ensuring high exposure for any commercial venture. The lot's ideal location makes it perfect for businesses such as gas stations or fast-food restaurants seeking high-traffic exposure. All utilities are readily available on-site, simplifying development and operational costs. The property is identified by Spartanburg County Tax Map # 7-02-00-058.04. The asking price is $275,000. Please note that any existing billboard is not included in the sale. This is a rare opportunity to acquire a highly visible commercial lot in a thriving area with significant daily traffic volume. Don't miss out on this chance to establish your business in a prime location. The address is 2199 Chesnee Hwy, Spartanburg, SC 29303.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,925,000
      6.5%
      $2,080,000
      7%
      $1,845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,180,000
      Geo Method
      $2,170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,005,000
      Retail
      $2,120,000
      Mixed-Use
      $2,165,000
      Hospitality
      $2,030,000
      Educational
      $2,180,000
      Residential Income
      $1,815,000
      Energy
      $2,025,000
      Income-Based Land
      $2,025,000
      Food Service
      $2,225,000

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.8993
    Latitude
    35.0147
    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
    $7,296
    $15,090
    $3,144
    $18,234
    -
    $251,500
    $52,400
    $303,900

    Comparable in this City

    • Value Estimation
      $1,205,000
      4,385 SF

      1301 New Cut Rd

      CONVENIENCE STORE • 4,385 SF
      1301 New Cut Rd, Spartanburg, SC 29303-4734
      View Details
    • Value Estimation
      $195,000
      2,210 SF

      180 Bryant Rd

      CONVENIENCE STORE • 2,210 SF
      180 Bryant Rd, Spartanburg, SC 29303-4008
      View Details
    • Value Estimation
      $300,000
      1,888 SF

      548 Howard St

      CONVENIENCE STORE • 1,888 SF
      548 Howard St, Spartanburg, SC 29303-3548
      View Details
    • Value Estimation by Request
      1,888 SF

      7558 Asheville Hwy

      CONVENIENCE STORE • 1,888 SF
      7558 Asheville Hwy, Spartanburg, SC 29303-1751
      View Details
    • Value Estimation by Request
      2,920 SF

      2030 New Cut Rd

      CONVENIENCE STORE • 2,920 SF
      2030 New Cut Rd, Spartanburg, SC 29303-4747
      View Details
    • Value Estimation
      $320,000
      1,888 SF

      955 Howard St

      CONVENIENCE STORE • 1,888 SF
      955 Howard St, Spartanburg, SC 29303-2834
      View Details

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      Spartanburg Warehouse/Flex Space Available

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      View Details
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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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