125 Venture Blvd Spartanburg, SC 29306-3817
This exceptional commercial property, located at 125 Venture in Spartanburg, South Carolina, presents a significant investment opportunity. The main building boasts over 10,000 square feet of versatile office space, ideally suited for a growing business or multiple tenants. The layout is highly adaptable, allowing for a single large office or division into two separate units. The interior features 17 individual offices, six bathrooms, multiple conference rooms, and two kitchens, ensuring ample space for staff and clients. Storage rooms provide additional functionality. Beyond the main building, a detached structure adds over 2,400 square feet of space, including oversized three-car garages. This outbuilding is plumbed for a bathroom, offering further expansion potential. The entire property sits on a generous 2.76-acre lot, providing ample parking and room for future development. Significant upgrades enhance the property's value, including five HVAC units, gas heat in the detached building, high-speed fiber optic cable, and a recently updated roof. This turnkey property is priced at $1,295,000 and offers a rare combination of size, functionality, and location. The property's features and expansive acreage make it an attractive option for a variety of commercial uses.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.