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    Property profile & analytics

    1850 Old Furnace Rd Boiling Springs, SC 29316-8591

    • Day care centers
    • 1,232 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Mar 02, 2023
    $425,000
    Location Intelligence
    Property ID
    US77-1288716
    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

    • Day care centers

    Property Details for 1850 Old Furnace Rd

    Lot size
    1.27 lot acres
    Property size
    1,232 SF
    Property type
    Day care centers
    APN
    2-4401-03900
    APU
    2440103900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $415,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $345,000
      Mixed-Use
      $405,000
      Hospitality
      $365,000
      Educational
      $350,000
      Residential Income
      $325,000
      Energy
      $340,000
      Income-Based Land
      $355,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Boiling Springs
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9844
    Latitude
    35.0464
    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
    2022
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      11,265 SF

      851 Double Bridge Rd

      Day care centers • 11,265 SF
      851 Double Bridge Rd, Boiling Springs, SC 29316
      View Details
    • Value Estimation by Request
      1,456 SF

      8279 Asheville Hwy

      DAY CARE, PRE-SCHOOL • 1,456 SF
      8279 Asheville Hwy, Boiling Springs, SC 29316-1577
      View Details
    • Value Estimation
      $310,000
      2,130 SF

      8275 Asheville Hwy

      DAY CARE, PRE-SCHOOL • 2,130 SF
      8275 Asheville Hwy, Boiling Springs, SC 29316-1577
      View Details
    • Value Estimation by Request
      4,800 SF

      170 Giles Dr

      DAY CARE, PRE-SCHOOL • 4,800 SF
      170 Giles Dr, Boiling Springs, SC 29316-6033
      View Details
    • Value Estimation
      $140,000
      3,128 SF

      8631 Vly Fls Rd

      DAY CARE, PRE-SCHOOL • 3,128 SF
      8631 Vly Fls Rd, Boiling Springs, SC 29316-5344
      View Details
    • Value Estimation by Request
      6,730 SF

      230 Giles Dr

      DAY CARE, PRE-SCHOOL • 6,730 SF
      230 Giles Dr, Boiling Springs, SC 29316-6036
      View Details

    Similar Nearby for Sale

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      New construction build-to-suit property with corporate-guaranteed lease.
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    • $1,795,000
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      Boiling Springs Commercial Land

      2.94 Acres, High-Traffic Location, I-26 & I-85 Access
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      Residential lot in a high-end community, ready for your dream home.
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    Similar Nearby for Lease

    • $16 SF/Yr
      4,875 SF

      Boiling Springs Former Day Care

      Former day care space easily convertible to office use.
      101 Builders Ct, Boiling Springs, SC 29316
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    • $38 SF/Yr
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      View Details
    • Contact for pricing
      80,435 SF

      Cypress Shopping Center: Prime Retail Space

      Thriving Highway 9 location; multiple suites available.
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    • $36,000

      Boiling Springs Land for Rent

      Eight acres of land available for rent in Boiling Springs.
      8211 Asheville Hwy, Boiling Springs, SC 29316
      View Details
    • $1,900 /Mo
      1,191 SF

      Office Space on Asheville Highway

      Office space for lease with road frontage and ample parking.
      8891 Asheville Hwy, Boiling Springs, SC 29316
      View Details
    • Contact for pricing
      4,021 SF

      Spartanburg County Retail Opportunity

      Build-to-suit or land lease; high traffic.
      3420 Boiling Spring Rd, Boiling Springs, SC 29316
      View Details

    Property Visit Statistics

    • Visits by month
      4.8k
    • Visitors by month
      4.7k
    • Avg Time on site
      16 min
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    Boiling Springs, SC 29316-8591
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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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