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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Retail space
1981 Hwy 101st S, Duncan, SC 29651-7100
Entity Owned
5-yr Hold
Free & Clear
Property ID
US77-0916418
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Construction
CONCRETE BLOCKS
Total area
5,000 SF
Lot
1.42 ac (61,855 SF)
APN
5-2900-12901
UPID
US77-0916418
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$648k
Blend (final)
Blend
$920k
Owner & transaction history
Virk Enterprises LLC · 5 yrs held
Virk Enterprises LLC
since 2020
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+198.7%
Medical building
$740,000
+86.4%
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 Duncan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duncan 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
$905,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$820,000
Alternative Use
Use
Estimation
RESTAURANT
$1,185,000
Change: +199% · Conversion: Easy
MEDICAL BUILDING
$740,000
Change: +86% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $1.00M (Oct 8 2020)
Last sale anchor
$1.00M
Oct 8 2020
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
$184 / 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
$21,060
Tax year 2023
Assessed value
$60,000
Assessed 2023
Previous assessed
$60,000
+0.0% YoY
Effective rate
35.10%
On assessed value
Assessed land
$26,952
Assessed improvement
$33,048
Land market value
$449,200
Improvement market value
$550,800
Total market value
$1,000,000
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
1970
Construction
CONCRETE BLOCKS
Heating
SPACE
Stories
1
Total area
5,000 SF
Lot
1.42 ac (61,855 SF)
APN
5-2900-12901
UPID
US77-0916418
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
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$740,000
RESTAURANT
MEDICAL BUILDING
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
1970
Construction
CONCRETE BLOCKS
Heating
SPACE
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Virk Enterprises LLC
Entity
Free & Clear · 5 yrs held
Mailing address
172 S LK EMORY DR, INMAN, SC 29349-7257
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2020
$1,000,000
Virk Enterprises LLC
Shooters World Properties LLC
Deed
—
Mar 25, 2020
—
Shooters World Sc Properties LLC
—
Deed
related
$222,780 · United Community Bank
Mar 17, 2020
—
Shooters World Sc Properties LLC
—
Deed
related
$30,000 · United Community Bank
Dec 29, 2016
—
Shooters World Sc Properties L
—
Trustees Deed
related
$250,000 · United Cmnty Bk
Dec 23, 2014
$50,000
Daniel E Porter
Shooters World Sc Properties
Grant Deed
$46,248 · Shooters World Sc Properties
Dec 23, 2014
—
Shooters World Sc Properties
Shooters World LLC
Quit Claim Deed
—
Dec 8, 2014
$400,000
Shooters World LLC
Thackston,herbert O
Grant Deed
—
Dec 2, 2014
$400,000
Shooters World LLC
Thackston,herbert O
Grant Deed
related
—
Jun 29, 2012
$400,000
Shooters World LLC
Thackston,herbert O
Grant Deed
$304,408 · Palmetto Bank
Jul 9, 2008
—
Herbert O Thackston
Thackston Herbert O
Quit Claim Deed
—
Jun 16, 2006
$100
H Oneal Thackston
Master Of Equity/spartanburg Cnty
Trustees Deed
related
—
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.
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