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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Office buildings
1524 John B White Sr Blvd Spartanburg, SC 29301-3878
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US77-0525065
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
BRICK
Total area
6,925 SF
Lot
1.15 ac (49,920 SF)
APN
6-2114-01400
UPID
US77-0525065
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
-
Kemp Gurganus: Allstate Insurance Insurance Agency
-
Bill Pace Insurance Insurance Agency
-
Supreme Insurance Agency Spartanburg Insurance Agency
-
Massive Medical Staffing LLC Employment Agency
-
Koch Lynne DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Gurganus Real Estate LLC · 14 yrs held
Gurganus Real Estate LLC
since 2012
6 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
$164 / 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
$17,900
Tax year 2023
Assessed value
$42,108
Assessed 2023
Previous assessed
$42,108
+0.0% YoY
Effective rate
42.51%
On assessed value
Assessed land
$17,118
Assessed improvement
$24,990
Land market value
$285,300
Improvement market value
$416,500
Total market value
$701,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,925 SF
Lot
1.15 ac (49,920 SF)
APN
6-2114-01400
UPID
US77-0525065
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
1985
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Gurganus Real Estate LLC
Entity
Mailing address
1524 JOHN B WHITE SR BLVD STE #6, SPARTANBURG, SC 29301-3878
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
Gurganus Real Estate LLC
—
Deed
related
$350,000 · Southern First Bank NA
Nov 25, 2019
—
Gurganus Real Estate LLC
—
Deed
related
$595,000 · Southern First Bk NA
Jul 2, 2012
—
Gurganus Real Estate LLC
Gurganus,l Stephen
Quit Claim Deed
$875,000 · Carolina Alliance Bank
Jul 19, 2011
—
L Stephen Gurganus
Sill,stanley A
Grant Deed
—
—
—
Larry S Gurganus
—
Deed Of Trust
related
$764,688 · Branch Bk&tr
—
—
Gurganus Real Estate LLC
—
Deed Of Trust
related
$595,000 · Southern First Bk NA
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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