Back to Search
Property profile & analytics
FOR SALE
Medical Office Space
200 Dillon Cir Spartanburg, SC 29307
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-3031710
For Sale
1 / 49
Contact for pricing
200 Dillon Cir, Spartanburg, SC 29307
View Listing →
Property summary
AI-generated overview
This exceptional 11,064-square-foot special purpose building in Spartanburg, South Carolina, sits on a generous 1.58-acre lot and offers significant potential for a variety of uses. Currently vacant, the property presents a unique opportunity for adaptive reuse. The building features three entrances – two in the front and one in the back leading to a courtyard – providing convenient access. Ample parking is available with 50 spaces, including a handicap-accessible ramp, and three separate entrances to the parking lot from different roads, one of which is gated. The interior has been prepared for renovation, with floors already removed, allowing for complete customization to suit the needs of the new tenant or owner. The seller is open to negotiating further renovations to meet specific requirements. The property's location in the Mary Black hospital area makes it ideally suited for medical offices, daycare centers, or professional office spaces. The zoning is Commercial
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Total area
11,925 SF
Lot
1.58 ac (68,694 SF)
APN
7-0900-04000
UPID
US77-3031710
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
-
Carolina Pediatric Alliance Medical Clinic
-
Cheap Car Insurance Spartanburg Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.43M
Owner & transaction history
Dillon Cir LLC · 4 yrs held
Dillon Cir LLC
since 2022
5 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
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
MEDICAL BUILDING
$1,705,000
Current use
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±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
$119 / 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
$45,636
Tax year 2023
Assessed value
$109,230
Assessed 2023
Previous assessed
$109,230
+0.0% YoY
Effective rate
41.78%
On assessed value
Assessed land
$7,230
Assessed improvement
$102,000
Land market value
$120,500
Improvement market value
$1,700,000
Total market value
$1,820,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1987
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,925 SF
Lot
1.58 ac (68,694 SF)
APN
7-0900-04000
UPID
US77-3031710
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
MEDICAL BUILDING Current
Est. value
$1.7M
MEDICAL BUILDING Current
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
1987
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Dillon Cir LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1449 50TH ST, BROOKLYN, NY 11219-3632
Ownership since
2022
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
Jan 4, 2022
—
Dillon Cir LLC
Chai Invest LLC
Warranty Deed
—
Nov 23, 2021
$720,000
Chai Invest LLC
Aa Invest LLC
Warranty Deed
$432,000 · Gnm Lending LLC
Nov 12, 2009
$1,335,000
200 Dillon Circle LLC
Robinson Properties Sc LLC
Grant Deed
$1,068,000 · Pinnacle Bk/sc
Jun 22, 2006
—
Charlotte Rv Storage LLC
Tiller,w Howard JR
Grant Deed
—
Mar 24, 2006
$183,000
Michael W Funderburk
200 Dillon Circle Group Ptshp
Grant Deed
—
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?”
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.
