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Property profile & analytics
OFF-MARKET
Estimated value
$3,360,000
Retail space
104 Franklin Ave Spartanburg, SC 29301-3901
Entity Owned
Free & Clear
Property ID
US77-0535144
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
BRICK
Total area
117,282 SF
Lot
12.54 ac (546,242 SF)
APN
6-2003-09002
UPID
US77-0535144
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
-
Cartridge World Business To Business Service Fax Service
-
HearingLife of Spartanburg SC Physician
-
Corporate Intel, Inc. Law Firm Security Service
-
Police and Fire Publishing Publishing House
-
TKA Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.70M
Blend (final)
Blend
$3.36M
Owner & transaction history
Bobs Discount Furniture LLC
Bobs Discount Furniture LLC
since 2026
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.36M
Range $3.02M – $3.70M · ±10%
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
$29 / 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
$119,359
Tax year 2023
Assessed value
$344,571
Assessed 2023
Previous assessed
$344,571
+0.0% YoY
Effective rate
34.64%
On assessed value
Assessed land
$94,689
Assessed improvement
$249,882
Land market value
$2,686,200
Improvement market value
$7,088,800
Total market value
$9,775,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
117,282 SF
Lot
12.54 ac (546,242 SF)
APN
6-2003-09002
UPID
US77-0535144
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
Building & site characteristics
From public records
Year built
1987
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
12.54 ac
Current owner
From public records · entity-resolved
Bobs Discount Furniture LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3665 FISHINGER BLVD, HILLIARD, OH 43026-7558
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2026
—
Bobs Discount Furniture LLC
Uspg Franklin Square LLC
Deed
—
Dec 5, 2022
—
Uspg Franklin LLC
—
Deed
related
$9,000,000 · The Huntington National Bank
May 5, 2021
—
Bradley V Rawson
—
Deed
related
$70,000 · Jack L Baker
Nov 9, 2012
—
Uspg Franklin LLC
Uspg Portfolio Two LLC
Quit Claim Deed
related
$8,600,000 · Royal Bank Scotland Plc
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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