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100 Kennedy St Spartanburg, SC 29306-3204

OFF-MARKET Office buildings Google Maps
13,449 SF 0.86 ac lot Built 1961
Entity Owned Free & Clear
Estimated value (blended)
$590k
Range $531k – $649k (±10%)
Property ID US77-0429043

Property summary

AI-generated overview

This exceptional 0.85-acre lot, located at 100 E Kennedy St in Spartanburg County, presents a high-profile mixed-use urban redevelopment opportunity. Zoned DT5 - Urban Center District (APN 7-12-14-328.00), this property is ideally suited for a multi-level project catering to a diverse range of tenants. The site is actively seeking an eclectic mix of businesses, including restaurants (QSR included), service retail establishments, boutique fitness centers, and financial institutions. The build-to-suit nature of this project allows for significant customization to meet the specific needs of prospective tenants. A new development on this site will incorporate multiple points of ingress and egress for convenient access, along with dedicated parking to ensure ample space for customers and employees. The potential exists for a corporate headquarters, floor-by-floor company occupancy, or individual office suite tenancy, offering flexibility and scalability for various business models. This is a rare opportunity to develop a landmark property in a thriving urban center. The property's central location and flexible zoning make it an attractive investment for developers seeking a high-impact project in a dynamic market. One space is currently available for lease.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1961
Construction CONCRETE BLOCKS
Total area 13,449 SF
Lot 0.86 ac (37,650 SF)
APN 7-1214-32800
UPID US77-0429043

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$795k
Blend (final) Blend
$590k

Owner & transaction history

since 2026
6 recorded transactions
2026
Price N/A
2026
$1.8M
2021
Price N/A
2013
$700,000
2009
Price N/A
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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