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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Retail space
2125 Main St Spartanburg, SC 29307-1457
Entity Owned
19-yr Hold
Free & Clear
Property ID
US77-0530335
Property summary
AI-generated overview
This exceptional retail opportunity presents itself at the Eastpointe Shopping Center, located at 2125 E Main St, Spartanburg, SC 29307. The property is a well-established strip center boasting a total of 30,000 square feet and currently features a diverse mix of successful tenants including Aspen Dental, ATI Physical Therapy, McDonald's, Extra Space Storage, Cato, Pizza Hut, and Sally Beauty Supply. This high-traffic location on US-29 offers excellent visibility and accessibility, complemented by ample parking. Two spaces are immediately available, with flexible sizes ranging from 3,040 to 5,000 contiguous square feet. A build-to-suit option is available for a space up to 5,000 square feet, allowing for customization to meet specific business needs. The property is zoned B-1, providing versatility for a range of retail uses. Currently, 8,040 square feet are vacant, presenting a significant opportunity for expansion or new tenancy within this thriving commercial center in Spartanburg County. The property's strong tenant roster and strategic location make it an ideal investment for businesses seeking high visibility and a robust customer base. Contact us today to learn more about this exceptional retail space.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Construction
BRICK
Total area
12,210 SF
Lot
1.41 ac (61,637 SF)
APN
7-0900-01705
UPID
US77-0530335
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
-
ATI Physical Therapy Medical Clinic
-
Hope Animal Hospital Veterinary Clinic
-
Aspen Dental - Spartanburg, SC (East) Dental Office
-
Pizza Hut Restaurant
-
US Wings & Deli - Spartanburg Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.16M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.73M
Owner & transaction history
Spartan Main LLC · 19 yrs held
Spartan Main LLC
since 2006
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+75.0%
Office building
$1.2M
+16.9%
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%
$2,340,000
6.5%
$2,160,000
7%
$2,005,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,745,000
Change: +75% · Conversion: Difficult
OFFICE BUILDING
$1,170,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±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
$141 / 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
$59,789
Tax year 2023
Assessed value
$126,328
Assessed 2023
Previous assessed
$126,328
+0.0% YoY
Effective rate
47.33%
On assessed value
Assessed land
$32,105
Assessed improvement
$94,223
Land market value
$552,300
Improvement market value
$1,620,900
Total market value
$2,173,200
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
2021
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,210 SF
Lot
1.41 ac (61,637 SF)
APN
7-0900-01705
UPID
US77-0530335
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
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
OFFICE 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
2021
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.41 ac
Current owner
From public records · entity-resolved
Spartan Main LLC
Entity
Free & Clear · 19 yrs held
Mailing address
201 RIVERPLACE STE #400, GREENVILLE, SC 29601-2591
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2025
—
Spartman Main LLC
—
Deed
related
$10,600,000 · Truliant FCU
Sep 27, 2019
—
Spartan Main LLC
—
Deed
related
$15,000,000 · Ameris Bank
Jul 20, 2006
—
Spartan Main LLC
Lpes 1 Spartanburg LLC
Quit Claim Deed
—
Nov 18, 2004
$400,000
Peter R Macdougall
Powell,sara F
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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