Back to Search
Property profile & analytics
OFF-MARKET
Retail space
116 Rutherford St Landrum, SC 29356-1524
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US77-0541538
Property summary
AI-generated overview
This exceptional commercial property, located at 116 E Rutherford St in Landrum, South Carolina, presents a lucrative investment opportunity. The 5,100 square foot building is classified as Class C retail space and sits on a 0.07-acre lot. The asking price is $990,000, translating to a price per square foot of $194.12. The property features two stories and is zoned for commercial use, offering significant flexibility for a variety of businesses. Its convenient location in Landrum, within Spartanburg County, and its easily accessible address make it highly attractive to potential tenants. The property's APN is 1-08-05-048.00. This is a rare opportunity to acquire a well-situated commercial building in a thriving South Carolina community. The property's size and zoning provide ample space for a diverse range of commercial ventures. With its strategic location and attractive price point, this property is poised for immediate success. Serious inquiries are encouraged to explore the potential of this exceptional investment. The property is currently listed for sale.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1922
Construction
BRICK
Total area
3,680 SF
Lot
0.05 ac (2,047 SF)
APN
1-0805-04800
UPID
US77-0541538
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 Southern Pet (Bike/Boat/Book/etc) Store Pet Store & Service
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
Md Capital Investments LLC · 5 yrs held
Md Capital Investments LLC
since 2021
Last sale
$170,000
5 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 Landrum submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Landrum 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,493
Tax year 2023
Assessed value
$17,748
Assessed 2023
Previous assessed
$17,748
+0.0% YoY
Effective rate
47.85%
On assessed value
Assessed land
$798
Assessed improvement
$16,950
Land market value
$13,300
Improvement market value
$282,500
Total market value
$295,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1922
Construction
BRICK
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
3,680 SF
Lot
0.05 ac (2,047 SF)
APN
1-0805-04800
UPID
US77-0541538
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
1922
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Md Capital Investments LLC
Entity
Mailing address
505 W MAIN ST, SPARTANBURG, SC 29301-2103
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2021
$333,000
Md Capital Investments LLC
Md Capital Investments LLC
Warranty Deed
related
—
Nov 15, 2018
—
Southern Joy
—
Deed
related
$100,000 · Betty Rusch
Feb 2, 2017
—
Joy P Southern
—
Deed
related
$248,000 · Hometrust Bank
Nov 25, 2014
$170,000
Joy Southern
Rusch,betty
Grant Deed
—
—
—
Southern Joy
—
Deed Of Trust
related
$100,000 · Betty Rusch
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?”
You own 116 Rutherford St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
