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Property profile & analytics
OFF-MARKET Estimated value $655,000
Community centers

102 Metro Dr Spartanburg, SC 29303-2754

7,500 SF 0.65 ac lot Built 1977
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US77-0510274
Property summary
AI-generated overview

This exceptional commercial property at 102 Metro, Spartanburg, SC, presents a lucrative investment opportunity. Priced at $890,000, this general commercial building boasts high visibility and convenient access, situated less than a mile from I-585, Boiling Springs, and Asheville Highway. The property comprises several move-in ready retail and office suites, currently occupied by a diverse range of tenants including a restaurant, hair salon, waxing salon, and a space with multiple individual offices. One notable suite is a fully open event space featuring composite flooring and a built-in kitchen, offering significant potential for various uses. The building's prime location ensures a steady flow of potential customers, making it ideal for established businesses or new ventures seeking a thriving commercial environment. The existing tenant leases provide immediate cash flow, making this a compelling investment with strong potential for future growth and appreciation. Detailed information regarding current tenants and lease terms is available upon request. Don't miss this chance to acquire a highly desirable commercial property in a rapidly developing area. This property is ready for immediate occupancy and offers a unique blend of established businesses and versatile spaces.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1977
Total area 7,500 SF
Lot 0.65 ac (28,314 SF)
APN 6-1308-20206
UPID US77-0510274
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
  • Minority Business Association Business Networking Company Association / Organization
  • Authentic Pearls, LLC Home Health Care Service
  • Evergreen Business Solutions Consultant
  • F.A.C. Advocacy Group, LLC. Social Service Agency Charitable Organization
  • Ospiel Mobility & Medical (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$655k
Owner & transaction history
Shakti Enterprise 1 LLC · 2 yrs held
Shakti Enterprise 1 LLC
since 2024
Last sale
$655,000
5 recorded transactions
2024
$655,000
2020
Price N/A
2019
Price N/A
2019
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.1M +86.2%
Office building $745,000 +28.9%
Commercial (general) $690,000 +19.7%
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