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Property profile & analytics
OFF-MARKET
Community centers
1200 Main St Spartanburg, SC 29307-1711
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1268967
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Construction
BRICK
Total area
12,000 SF
Lot
1.31 ac (57,281 SF)
APN
7-1301-00101
UPID
US77-1268967
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
-
Pure Barre Gym & Fitness Center
-
Marco's Pizza Restaurant
-
Michael Bell DO Pediatrician Physician
-
Scott Arendt MD Pediatrician Physician
-
eye doctor spartanburg sc Physician
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
Waterstone Southeast Spartan Portfo · 3 yrs held
Waterstone Southeast Spartan Portfo
since 2022
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 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
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
$16,266
Tax year 2023
Assessed value
$32,881
Assessed 2023
Previous assessed
$32,881
+0.0% YoY
Effective rate
49.47%
On assessed value
Assessed land
$32,725
Assessed improvement
$156
Land market value
$545,412
Improvement market value
$2,600
Total market value
$548,012
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
Off-Market
Year built
1989
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,000 SF
Lot
1.31 ac (57,281 SF)
APN
7-1301-00101
UPID
US77-1268967
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
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Waterstone Southeast Spartan Portfo
Individual
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
5 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
1200 East Main Street LLC
Deed
$56,000,000 · Jpmorgan Chase Bank NA
Dec 27, 2007
$2,441,940
1200 East Main Street LLC
Lawsons Fork Associates LLC
Grant Deed
—
—
—
1200 East Main Street LLC
—
Deed Of Trust
related
$1,430,000 · Park Sterling Bank
—
—
1200 East Main Street LLC
—
Deed Of Trust
related
$72,146,425 · Anglo Irish Bank Corp Plc
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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