New search
Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail space
1320 Asheville Hwy Spartanburg, SC 29303-2110
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US77-0755166
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Construction
METAL FRAME
Total area
4,900 SF
Lot
2.94 ac (128,066 SF)
APN
6-1307-02600
UPID
US77-0755166
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
-
Brad's 24/7 Towing Service Auto Repair Shop
-
Joe Cruisers - Leonard Buildings & Truck Accessories Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$438k
Blend (final)
Blend
$500k
Owner & transaction history
Hyder Real Estate LLC · 19 yrs held
Hyder Real Estate LLC
since 2007
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$700,000
+128.0%
Office building
$485,000
+57.9%
Commercial (general)
$450,000
+46.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$310,000
Current use
MEDICAL BUILDING
$700,000
Change: +128% · Conversion: Difficult
OFFICE BUILDING
$485,000
Change: +58% · Conversion: Easy
COMMERCIAL (GENERAL)
$450,000
Change: +47% · Conversion: Easy
AUTO REPAIR, GARAGE
$385,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$375,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$500k
Range $450k – $550k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
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
$12,480
Tax year 2023
Assessed value
$33,212
Assessed 2023
Previous assessed
$33,212
+0.0% YoY
Effective rate
37.58%
On assessed value
Assessed land
$16,664
Assessed improvement
$16,548
Land market value
$277,734
Improvement market value
$275,800
Total market value
$553,534
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Construction
METAL FRAME
Heating
SPACE
Cooling
YES
Stories
1
Bathrooms
1
Total area
4,900 SF
Lot
2.94 ac (128,066 SF)
APN
6-1307-02600
UPID
US77-0755166
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$310,000
MEDICAL BUILDING
Est. value
$700,000
OFFICE BUILDING
Est. value
$485,000
COMMERCIAL (GENERAL)
Est. value
$450,000
AUTO REPAIR, GARAGE
Est. value
$385,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$375,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.94 ac
Current owner
From public records · entity-resolved
Hyder Real Estate LLC
Entity
Mailing address
1320 ASHEVILLE HWY, SPARTANBURG, SC 29303-2110
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Sep 30, 2019
—
Hyder Real Estate LLC
—
Deed
related
$300,000 · South State Bank
May 3, 2007
$500,000
Hyder Real Estate LLC
Freeman,brady D
Grant Deed
$650,000 · Community S Bank & Trust
Sep 2, 2005
—
Brady D Freeman
Travelier Outfitters INC
Deed
—
Aug 10, 2005
—
Travelier Outfitters INC
Travelier Industries INC
Quit Claim Deed
—
—
—
Hyder Real Estate LLC
—
Deed Of Trust
related
$505,000 · Branch Bk&tr
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 1320 Asheville Hwy?
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.
