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    Property profile & analytics

    118 Rainbow Lk Rd Boiling Springs, SC 29316-5743

    • Office buildings
    • 1,440 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US77-0349969
    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

    • Office buildings

    Property Details for 118 Rainbow Lk Rd

    Year built
    2020
    Construction
    WOOD
    Lot size
    0.76 lot acres
    Property size
    1,440 SF
    Property type
    Office buildings
    APN
    2-4401-01801
    APU
    2440101801

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boiling Springs
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9838
    Latitude
    35.0494
    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
    $10,438
    $7,482
    $22,026
    $29,508
    -
    $124,700
    $367,100
    $491,800

    Comparable in this City

    • Value Estimation by Request
      12,619 SF

      165 Old John Dodd Rd

      OFFICE BUILDING • 12,619 SF
      165 Old John Dodd Rd, Boiling Springs, SC 29316-9132
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    • Value Estimation by Request
      2,572 SF

      130 Rogers Commerce Blvd

      OFFICE BUILDING • 2,572 SF
      130 Rogers Commerce Blvd, Boiling Springs, SC 29316-6144
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    • Value Estimation by Request
      1,226 SF

      925 Wesley Ct

      OFFICE BUILDING • 1,226 SF
      925 Wesley Ct, Boiling Springs, SC 29316-5653
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      $355,000
      2,475 SF

      1111 Springfield Rd

      OFFICE BUILDING • 2,475 SF
      1111 Springfield Rd, Boiling Springs, SC 29316-7245
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      1,740 SF

      215 Outlook Dr

      OFFICE BUILDING • 1,740 SF
      215 Outlook Dr, Boiling Springs, SC 29316-6223
      View Details
    • Value Estimation
      $635,000
      1,440 SF

      381 Old Furnace Rd

      OFFICE BUILDING • 1,440 SF
      381 Old Furnace Rd, Boiling Springs, SC 29316-7213
      View Details

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    Similar Nearby for Lease

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      1,753 SF

      Retail Sublease Opportunity on Highway

      Retail space available for sublease in Boiling Springs, SC.
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    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      2.0k
    • Avg Time on site
      16 min
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    118 Rainbow Lk Rd
    Boiling Springs, SC 29316-5743
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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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