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    Property profile & analytics

    204 Spartanburg Hwy Lyman, SC 29365-1808

    • Retail space
    • 5,488 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Location Intelligence
    Property ID
    US77-1589758
    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

    • Lyman Drug Inc / Pharmacy
    • William High / Pharmacy

    Property Details for 204 Spartanburg Hwy

    Year built
    1973
    Lot size
    0.81 lot acres
    Property size
    5,488 SF
    Property type
    Retail space
    APN
    5-1507-12010
    APU
    5150712010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $200,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $230,000
      Mixed-Use
      $210,000
      Hospitality
      $220,000
      Educational
      $225,000
      Residential Income
      $175,000
      Energy
      $180,000
      Income-Based Land
      $235,000
      Food Service
      $180,000

    Location Insight

    • Map
    • Local Demand
    City
    Lyman
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.1188
    Latitude
    34.9547
    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
    2023
    $5,501
    $3,216
    $10,284
    $13,500
    -
    $53,600
    $171,400
    $225,000

    Comparable in this City

    • Value Estimation by Request
      2,240 SF

      1098 Hampton Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,240 SF
      1098 Hampton Rd, Lyman, SC 29365-9617
      View Details
    • Value Estimation by Request
      9,020 SF

      3361 Hwy 357

      RETAIL STORES (PERSONAL SERVICES) • 9,020 SF
      3361 Hwy 357, Lyman, SC 29365
      View Details
    • Value Estimation
      $125,000
      8,000 SF

      107 Spartanburg Hwy

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      107 Spartanburg Hwy, Lyman, SC 29365-1627
      View Details
    • Value Estimation by Request
      8,363 SF

      3 Greer Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,363 SF
      3 Greer Rd, Lyman, SC 29365-9533
      View Details
    • Value Estimation
      $195,000
      3,200 SF

      3290 Hwy 357

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      3290 Hwy 357, Lyman, SC 29365
      View Details
    • Value Estimation
      $560,000
      10,113 SF

      101 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 10,113 SF
      101 Locust St, Lyman, SC 29365-1503
      View Details

    Similar Nearby for Sale

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      0.70-acre lot in Lyman, SC, no HOA.
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      High-traffic location, development ready.
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      Residential Lot with Lake Views

      Beautiful Lyman, SC lot with lake views for sale.
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      Residential Lot with Lake Views

      Beautiful residential lot with lake views in Lyman, South Carolina.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Duncan, SC

      Retail property for lease in a high-traffic area.
      Duncan, SC 29365
      View Details
    • $8 SF/Yr
      16,000 SF

      Lyman Retail Space - 16,000 SF

      High-visibility retail building, Hwy 29, SC.
      200 Spartanburg Hwy, Lyman, SC 29365
      View Details
    • Contact for pricing
      449,000 SF

      Subdivisible Industrial Space in Lyman

      449,000 SF industrial space for sublease near I-85.
      101 Groce Rd, Lyman, SC 29365
      View Details

    Property Visit Statistics

    • Visits by month
      15.9k
    • Visitors by month
      10.9k
    • Avg Time on site
      22 min
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    Lyman, SC 29365-1808
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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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