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    Property profile & analytics

    10 Groce Rd Lyman, SC 29365-1631

    • Retail space
    • 3,264 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $165,000
    Last Sale
    Apr 17, 2023
    $175,000
    Location Intelligence
    Property ID
    US77-0647496
    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

    • Retail space

    Property Details for 10 Groce Rd

    Year built
    1945
    Construction
    BRICK
    Lot size
    0.32 lot acres
    Property size
    3,264 SF
    Property type
    Retail space
    APN
    5-1507-09300
    APU
    5150709300

    Description

    This exceptional commercial property, located at 10 Groce Rd, Lyman, SC 29365, presents a lucrative investment opportunity. The property is classified as Class C retail space situated on a 0.36-acre lot, identified by APN 5-15-07-093.00. The building boasts a two-story design, offering a total square footage ranging from 3,520 to 7,040 square feet. Each typical floor encompasses 3,520 square feet. The building height measures 20 feet, and the floor area ratio (FAR) is 0.45. The property is zoned for Suburban use, providing flexibility for a variety of retail ventures. The asking price for this single-tenancy building is $350,000. Its prime location in Lyman, Spartanburg County, South Carolina, offers excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a thriving retail space. This property is ready for immediate occupancy and presents a unique opportunity to establish or expand a successful business in a desirable market. The property's size and zoning make it suitable for a range of retail uses. Don't miss this chance to acquire a well-positioned commercial property in a growing area.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lyman
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.1247
    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
    $1,443
    $2,120
    $1,040
    $3,160
    -
    $35,328
    $20,700
    $56,028

    Comparable in this City

    • Value Estimation by Request
      2,240 SF

      1098 Hampton Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,240 SF
      1098 Hampton Rd, Lyman, SC 29365-9617
      View Details
    • Value Estimation by Request
      9,020 SF

      3361 Hwy 357

      RETAIL STORES (PERSONAL SERVICES) • 9,020 SF
      3361 Hwy 357, Lyman, SC 29365
      View Details
    • Value Estimation
      $125,000
      8,000 SF

      107 Spartanburg Hwy

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      107 Spartanburg Hwy, Lyman, SC 29365-1627
      View Details
    • Value Estimation by Request
      6,300 SF

      3282 Hwy 357

      RETAIL STORES (PERSONAL SERVICES) • 6,300 SF
      3282 Hwy 357, Lyman, SC 29365-9780
      View Details
    • Value Estimation by Request
      1,200 SF

      2980 Hwy 357

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      2980 Hwy 357, Lyman, SC 29365-9735
      View Details
    • Value Estimation
      $315,000
      2,932 SF

      34 Groce Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,932 SF
      34 Groce Rd, Lyman, SC 29365-1630
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

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    Lyman, SC 29365-1631
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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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