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    Property profile & analytics

    230 Dean St Spartanburg, SC 29302

    • Specialty properties
    • 5,757 SF
    • 0.69 lot acres
    For Sale
    View listing
    $1,280,000
    Value Estimation
    Last Sale
    Feb 10, 2023
    $700,000
    Location Intelligence
    Property ID
    US77-1173043
    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

    • Specialty properties

    Property Details for 230 Dean St

    Year built
    1925
    Lot size
    0.69 lot acres
    Property size
    5,757 SF
    Property type
    Specialty properties
    APN
    7-1207-03900
    APU
    7120703900

    Description

    This exceptional mixed-use property at 230 N Dean Street, Spartanburg, SC, presents a remarkable investment opportunity. Boasting approximately 6,406 square feet on a 0.66-acre lot, this centrally located building offers endless possibilities for redevelopment or immediate occupancy. Its prime location in a desirable residential and office corridor places it minutes from Converse College, Wofford College, USC Upstate, the vibrant downtown district, Denny's headquarters, a variety of restaurants and retail shops, and major transportation arteries including US Hwy 29 and I-585. The property's convenient access to GSP International Airport (less than 25 minutes) further enhances its appeal. The building itself features two lobby spaces, a chapel, two bathrooms, numerous private office spaces, multiple conference rooms, ample storage, and an attached garage. Ample parking is also available. This property benefits from its proximity to Barnet Park and its adjacency to the new Silver Hill residential community, ensuring a strong and growing surrounding demographic. Detailed demographic information is available upon request. Priced at $1,280,000, this property is offered for sale only and represents a unique chance to acquire a versatile and strategically located asset in a thriving South Carolina market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $685,000
      6.5%
      $650,000
      7%
      $760,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $740,000
      Geo Method
      $795,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $625,000
      Retail
      $630,000
      Mixed-Use
      $750,000
      Hospitality
      $675,000
      Educational
      $730,000
      Residential Income
      $700,000
      Energy
      $610,000
      Income-Based Land
      $725,000
      Food Service
      $620,000

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.927
    Latitude
    34.9544
    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
    $15,406
    $7,740
    $24,402
    $32,142
    -
    $128,997
    $406,700
    $535,697

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    230 Dean St
    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
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