Financial
Distress signals
Property profile

516 E Main St Spartanburg, SC 29302

FOR SALE
Retail space
Property ID
US77-2768333
1,800 SF 0.04 ac lot Built 1930
Last sale Sep 2023 · $215,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$12k
Assessed land$1k
Assessed improvement$10k
Effective rate47.81%

Value estimate

· Sep 2026
$160k
$144k – $176k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 7.72% cap applied$24k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$45 – $104
Qualifying comparables6

Cap rate analysis

How does the asset earn?
7.72%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPARTANBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy9.7
Tailor Shop9.6
Storage Facility9.2

Location

516 E Main St Spartanburg, SC 29302
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4205 Pne, Spartanburg, SC 29302-3683 $142,500 Jul 2025 1,461 SF
301 Stone, Spartanburg, SC 29302-4516 $115,000 Mar 2024 2,530 SF
4681 Pne, Spartanburg, SC 29302-3780 $100,000 Feb 2024 2,300 SF
518 Main, Spartanburg, SC 29302-1927 $135,000 May 2023 1,400 SF
1470 Un, Spartanburg, SC 29302 $115,000 May 2022 1,800 SF
1015 Un, Spartanburg, SC 29302-3343 $105,000 Feb 2022 1,810 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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