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    Property profile & analytics

    1057 Fernwood Glendale Rd Spartanburg, SC 29307

    • Community centers
    • 8,320 SF
    • 0.87 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US77-0508872
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Community centers

    Property Details for 1057 Fernwood Glendale Rd

    Year built
    1969
    Construction
    BRICK
    Lot size
    0.87 lot acres
    Property size
    8,320 SF
    Property type
    Community centers
    APN
    7-0914-10400
    APU
    7091410400

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.8905
    Latitude
    34.9658
    CBSA code
    43900
    CBSA name
    SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,685
    $8,682
    $4,572
    $13,254
    -
    $144,700
    $76,200
    $220,900

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      1855 Main St

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    • Value Estimation by Request
      28,053 SF

      1451 Fernwood Glendale Rd

      MINI-MALL • 28,053 SF
      1451 Fernwood Glendale Rd, Spartanburg, SC 29307-3044
      View Details

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    Spartanburg, SC 29307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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