10 Groce Rd Lyman, SC 29365-1631
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.