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Property profile & analytics
OFF-MARKET
Community centers

1057 Fernwood Glendale Rd Spartanburg, SC 29307-2311

8,320 SF 0.87 ac lot Built 1969
Entity Owned 11-yr Hold Free & Clear
Property ID
US77-0508872
Property summary
AI-generated overview

This exceptional 5,500 square foot commercial property, located at 1057 Fernwood Glendale Rd in Spartanburg, South Carolina, presents a fantastic opportunity for retail or restaurant businesses. Currently vacant and available for lease, the single-tenant space offers significant flexibility. The building's total area is 5,500 square feet, allowing for a variety of configurations. The property is divisible, catering to businesses requiring smaller footprints. A fully equipped kitchen featuring an 8-foot hood and sinks is already in place, making it ideal for food service establishments. The lease rate is $15 per square foot, triple net (NNN). This prime location in Spartanburg County, near the Hillcrest Shopping Center on the Eastside, ensures high visibility and accessibility for customers. The property's address is 1057 Fernwood Glendale Rd, Spartanburg, SC 29307. Its convenient location and adaptable space make it an attractive option for a wide range of businesses seeking a prominent presence in a thriving area. The property is classified as retail and restaurant space. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1969
Construction BRICK
Total area 8,320 SF
Lot 0.87 ac (37,897 SF)
APN 7-0914-10400
UPID US77-0508872
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kim Chheuy 1 LLC · 11 yrs held
Kim Chheuy 1 LLC
since 2015
2 recorded transactions
2021
Price N/A
2015
$200,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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