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Property profile & analytics
OFF-MARKET
Estimated value
$2,650,000
Warehouses
112 Mccullugh Rd Boiling Springs, SC 29316-6054
Individually Owned
Property ID
US77-0085262
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Construction
WOOD
Total area
33,245 SF
Lot
14.95 ac (651,222 SF)
APN
2-4410-03802
UPID
US77-0085262
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
$2.26M
Blend (final)
Blend
$2.65M
Owner & transaction history
Blue Door 112 Mccullugh Rd Dst
Blue Door 112 Mccullugh Rd Dst
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.2M
+105.4%
Retail stores
$2.7M
+75.7%
Commercial (general)
$2.7M
+74.9%
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 Boiling Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boiling Springs 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,180,000
Change: +105% · Conversion: Difficult
RETAIL STORES
$2,720,000
Change: +76% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,705,000
Change: +75% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,615,000
Change: +69% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,555,000
Change: +65% · Conversion: Moderate
Blend value · Realmo final
$2.65M
Range $2.39M – $2.92M · ±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
$80 / 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
$60,582
Tax year 2023
Assessed value
$172,500
Assessed 2023
Previous assessed
$172,500
+0.0% YoY
Effective rate
35.12%
On assessed value
Assessed land
$18,300
Assessed improvement
$154,200
Land market value
$305,000
Improvement market value
$2,570,000
Total market value
$2,875,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
33,245 SF
Lot
14.95 ac (651,222 SF)
APN
2-4410-03802
UPID
US77-0085262
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.2M
RETAIL STORES
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
14.95 ac
Current owner
From public records · entity-resolved
Blue Door 112 Mccullugh Rd Dst
Individual
Mailing address
PO BOX 5565, SPARTANBURG, SC 29304-5565
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
$7,400,000
Blue Door 112 Mccullugh Rd Dst
Mccullugh Road Self Storage LLC
Deed
—
Dec 19, 2025
—
Blue Door 112 Mccullugh Rd Dst
Mccullugh Road Self Storage LLC
Quitclaim Deed
related
—
Jul 12, 2018
$305,000
Mccullugh Road Self Storage Ll
Holly Drive Properties INC
Grant Deed
$4,452,719 · Arthur St Bk-spartanburg E
Dec 16, 2014
—
Steve A Parker
Parker,steve A
Quit Claim Deed
related
—
Oct 28, 2013
$155,000
Steve Parker
Fbsa 1 LLC
Grant Deed
—
Feb 16, 2012
—
Fbsa 1 LLC
Nafh Natl Bk
Grant Deed
related
—
Aug 25, 2010
$590,000
Nafh National Bank
Cooper,gordon G
Trustees Deed
related
—
Feb 12, 2009
—
Peggy C Wilson
Nace,dennis J
Warranty Deed
—
Feb 14, 2005
—
Dennis J Nace
Pugh,martha A & Jose
Grant Deed
related
—
—
—
Steve A Parker
—
Deed Of Trust
related
$344,957 · Carolina Alliance Bank
—
—
Peggy C Wilson
—
Deed Of Trust
related
$105,000 · Instant Cash INC
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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