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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Community centers
200 Spartanburg Hwy Lyman, SC 29365-1808
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-2952503
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1973
Construction
BRICK
Total area
27,360 SF
Lot
4.99 ac (217,321 SF)
APN
5-1507-12001
UPID
US77-2952503
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
-
First Citizens Bank ATM Bank Loan Service
-
Lyman Guitar (Bike/Boat/Book/etc) Store
-
Dollar Tree Discount Store
-
Aspen Street Sweets Food truck LLC Take-out & Catering Catering Service
-
TNT Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.32M
Owner & transaction history
Capa Real Estate LLC · 4 yrs held
Capa Real Estate LLC
since 2022
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+0.5%
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 Lyman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lyman 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
$1,205,000
ML approach
$1,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,155,000
Current use
RETAIL STORES
$2,165,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,150,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±10% · vs last sale $1.80M (Feb 24 2022)
Last sale anchor
$1.80M
Feb 24 2022
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
$48 / 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
$33,008
Tax year 2023
Assessed value
$81,000
Assessed 2023
Previous assessed
$81,000
+0.0% YoY
Effective rate
40.75%
On assessed value
Assessed land
$41,328
Assessed improvement
$39,672
Land market value
$688,800
Improvement market value
$661,200
Total market value
$1,350,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
27,360 SF
Lot
4.99 ac (217,321 SF)
APN
5-1507-12001
UPID
US77-2952503
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.2M
RETAIL STORES
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1973
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.99 ac
Current owner
From public records · entity-resolved
Capa Real Estate LLC
Entity
Mailing address
101 E WASHINGTON ST #400, GREENVILLE, SC 29601-4807
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
Feb 24, 2022
$1,800,000
Capa Real Estate LLC
Nara Properties LLC
Deed
$1,687,500 · The Peoples Bank
Apr 25, 2019
$300,000
Lyman Drug INC
Nara Properties LLC
Deed
$255,000 · Paragon Bank
Mar 23, 2015
—
Nara Properties LLC
Yellow Mama Music LLC
Grant Deed
—
Jun 28, 2013
$825,000
Yellow Mama Music LLC
Shoppes At Friendship LLC
Grant Deed
—
Feb 22, 2006
$1,285,000
Shoppes Of Friendship LLC
Lyman Dev Associates
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.
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