Back to Search
Property profile & analytics
FOR LEASE
Community centers
110 Garner Rd Spartanburg, SC 29303
Individually Owned
3-yr Hold
Free & Clear
Property ID
US77-1065717
For Lease
1 / 2
$570,000
110 Garner Rd, Spartanburg, SC 29303
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Total area
19,600 SF
Lot
1.76 ac (76,622 SF)
APN
7-0814-08400
UPID
US77-1065717
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
-
The Frank A. Carter III Agency: Allstate Insurance Insurance Agency
-
MANPOWER Employment Agency
-
Waterstone Properties Group, Inc Real Estate Agency
-
V's Beauty Salon and Consulting Firm Hair Salon Nail Salon
-
Axcess Home Care Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$418k
Blend (final)
Blend
$570k
Owner & transaction history
Waterstone Southeast Spartan Portfo · 3 yrs held
Waterstone Southeast Spartan Portfo
since 2022
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
$570k
Range $513k – $627k · ±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
$36,122
Tax year 2023
Assessed value
$74,183
Assessed 2023
Previous assessed
$74,183
+0.0% YoY
Effective rate
48.69%
On assessed value
Assessed land
$26,609
Assessed improvement
$47,574
Land market value
$443,480
Improvement market value
$792,900
Total market value
$1,236,380
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1989
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
19,600 SF
Lot
1.76 ac (76,622 SF)
APN
7-0814-08400
UPID
US77-1065717
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
1989
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Waterstone Southeast Spartan Portfo
Individual
Free & Clear · 3 yrs held
Mailing address
250 1ST AVE STE #202, NEEDHAM HEIGHTS, MA 02494-2886
Ownership since
2022
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
Nov 2, 2022
—
Waterstone Southeast Spartan Portfo
Waterstone Southeast Portfolio LLC
Deed
—
Feb 6, 2014
—
Waterstone Southeast Portfolio LLC
110 Garner Road LLC
Deed
—
Dec 27, 2007
$1,468,775
110 Garner Road LLC
Merchants Plaza Associates LLC
Grant Deed
$72,146,425 · Anglo Irish Bank Corp Plc
—
—
110 Garner Road LLC
—
Deed Of Trust
related
$9,406,980 · Anglo Irish Bank Corp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
