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    Property profile & analytics

    127 Spartanburg Hwy Lyman, SC 29365-1601

    • Turn key restaurants
    • 1,575 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $1,055,000
    Last Sale
    Mar 10, 2025
    $1,200,000
    Location Intelligence
    Property ID
    US77-0939831
    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

    • Artistic View Inc. / General Contractor
    • Redi Care Weight Loss and Wellness / Weight Loss Service / Wellness Program
    • FDX1 Recruiting / Recruiter
    • Eternal Wellness / Alternative Medicine Practitioner

    Property Details for 127 Spartanburg Hwy

    Year built
    1972
    Construction
    CONCRETE BLOCKS
    Lot size
    0.11 lot acres
    Property size
    1,575 SF
    Property type
    Turn key restaurants
    APN
    5-1507-07901
    APU
    5150707901

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,025,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,125,000
      6.5%
      $1,310,000
      7%
      $1,195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,385,000
      Geo Method
      $1,265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,000,000
      Retail
      $1,160,000
      Mixed-Use
      $890,000
      Hospitality
      $995,000
      Educational
      $925,000
      Residential Income
      $920,000
      Energy
      $1,150,000
      Income-Based Land
      $1,090,000
      Food Service
      $1,060,000

    Location Insight

    • Map
    • Local Demand
    City
    Lyman
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.1211
    Latitude
    34.9561
    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
    $1,854
    $1,008
    $3,540
    $4,548
    -
    $16,800
    $59,000
    $75,800

    Comparable in this City

    • Value Estimation by Request
      3,322 SF

      215 Spartanburg Hwy

      RESTAURANT • 3,322 SF
      215 Spartanburg Hwy, Lyman, SC 29365-1844
      View Details
    • Value Estimation
      $350,000
      1,140 SF

      12196 Greenville Hwy

      RESTAURANT • 1,140 SF
      12196 Greenville Hwy, Lyman, SC 29365-1512
      View Details
    • Value Estimation by Request
      2,754 SF

      201 Inman Rd

      RESTAURANT • 2,754 SF
      201 Inman Rd, Lyman, SC 29365-1409
      View Details
    • Value Estimation
      $550,000
      4,566 SF

      14 Groce Rd

      RESTAURANT • 4,566 SF
      14 Groce Rd, Lyman, SC 29365-1631
      View Details
    • Value Estimation by Request
      2,695 SF

      12229 Greenville Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,695 SF
      12229 Greenville Hwy, Lyman, SC 29365-1513
      View Details
    • Value Estimation by Request
      2,724 SF

      12227 Greenville Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,724 SF
      12227 Greenville Hwy, Lyman, SC 29365-1513
      View Details

    Similar Nearby for Sale

    • $378,000
      4,212 SF

      Lyman Storefront: Prime Downtown Location

      Historic building, 4,212 sq ft, high potential.
      56 Groce Rd, Lyman, SC 29365
      View Details
    • $119,900
      0.70 Acres

      Residential Lot with Lake Views

      Beautiful 0.7-acre residential lot with lake views in Lyman, SC.
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    • $75,000
      0.70 Acres

      Residential Lot in Lyman, SC

      0.70-acre lot in Lyman, SC, no HOA.
      Rollingwood Dr, Lyman, SC 29365
      View Details
    • $350,000
      1.90 Acres

      Lyman Commercial Corner Lot

      High-traffic location, development ready.
      2 Groce Rd, Lyman, SC 29365
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    • $149,500
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      Residential Lot with Lake Views

      Beautiful Lyman, SC lot with lake views for sale.
      354 Lyman Lake Rd, Lyman, SC 29365
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    • $149,500
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      Residential Lot with Lake Views

      Beautiful residential lot with lake views in Lyman, South Carolina.
      356 Lyman Lake Rd, Lyman, SC 29365
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    Similar Nearby for Lease

    • $8 SF/Yr
      16,000 SF

      Lyman Retail Space - 16,000 SF

      High-visibility retail building, Hwy 29, SC.
      200 Spartanburg Hwy, Lyman, SC 29365
      View Details
    • Contact for pricing

      Retail Space in Duncan, SC

      Retail property for lease in a high-traffic area.
      Duncan, SC 29365
      View Details
    • Contact for pricing
      449,000 SF

      Subdivisible Industrial Space in Lyman

      449,000 SF industrial space for sublease near I-85.
      101 Groce Rd, Lyman, SC 29365
      View Details
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    Lyman, SC 29365-1601
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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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