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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Community centers
100 Burton St Spartanburg, SC 29301-5484
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-0625739
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Construction
CONCRETE BLOCKS
Total area
5,600 SF
Lot
0.65 ac (28,350 SF)
APN
6-2012-09500
UPID
US77-0625739
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sylvan Learning of Spartanburg Tutoring Service
-
Stellar Academy Daycare Center Foster Care Service
-
Camara Bodyworks Inc Gym & Fitness Center Alternative Medicine Practice
-
Spartanburg Holistic Health and Salt Cave Physician Alternative Medicine Practice
-
WestGate Nutrition (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Smi Group LLC · 1 yrs held
Smi Group LLC
since 2024
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$800,000
+86.2%
Retail stores
$510,000
+18.6%
Commercial (general)
$465,000
+8.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spartanburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spartanburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$430,000
Current use
MEDICAL BUILDING
$800,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$510,000
Change: +19% · Conversion: Easy
COMMERCIAL (GENERAL)
$465,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$440,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Oct 7 2024)
Last sale anchor
$700k
Oct 7 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,180
Tax year 2023
Assessed value
$26,400
Assessed 2023
Previous assessed
$26,400
+0.0% YoY
Effective rate
42.35%
On assessed value
Assessed land
$9,906
Assessed improvement
$16,494
Land market value
$165,100
Improvement market value
$274,900
Total market value
$440,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
5,600 SF
Lot
0.65 ac (28,350 SF)
APN
6-2012-09500
UPID
US77-0625739
Jurisdiction
SPARTANBURG
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$430,000
MEDICAL BUILDING
Est. value
$800,000
RETAIL STORES
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$465,000
AUTO REPAIR, GARAGE
Est. value
$440,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Smi Group LLC
Entity
Mailing address
563 VERDAE DR, SPARTANBURG, SC 29301-5384
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
—
Smi Group LLC
—
Deed
related
$556,317 · Park National Bank
Oct 7, 2024
$700,000
Smi Group LLC
Beth S Owens
Deed
—
Jan 24, 2018
—
J Douglas
—
Deed
related
$850,000 · Carolina Alliance Bk
Dec 20, 2017
—
Beth S Owens
Owens,j D
Quit Claim Deed
related
—
Jan 25, 2017
—
J Douglas Owens
—
Deed
related
$1,312,680 · Carolina Alliance Bk
—
—
J Douglas Owens
—
Deed Of Trust
related
$75,000 · Community S Bank & Trust
—
—
Owens J D
—
Deed Of Trust
related
$675,000 · Community S Bank & Trust
—
—
J Douglas Owens
—
Deed Of Trust
related
$854,115 · Carolina Alliance Bank
—
—
J Douglas Owens
—
Deed Of Trust
related
$816,743 · Carolina Alliance Bank
—
—
J Douglas Owens
—
Loan Modification
related
$12,925 · Carolina Alliance Bk
—
—
J Douglas Owens
—
Loan Modification
related
$1,312,680 · Carolina Alliance Bk
—
—
J Douglas
—
Loan Modification
related
$850,000 · Carolina Alliance Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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