Technical
Financial
Distress signals
Property profile

2161 Main St Spartanburg, SC 29307

OFF-MARKET
Drive through restaurants
Property ID
US77-3046939
2,972 SF 1.12 ac lot Built 2003
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant retail property, located at 2161 E Main St in Spartanburg, South Carolina, presents a unique investment opportunity. Built in 2003, this 62 sq. ft. building is situated on a prominent corner lot offering unparalleled visibility and accessibility. The property boasts approximately 180 feet of frontage along E. Main St., a major thoroughfare with over 26,100 vehicles passing daily, ensuring high traffic exposure. Its strategic location is further enhanced by its position as a direct outparcel to a Walmart and across from the recently constructed, approximately $138 million Spartanburg High School, guaranteeing a consistent flow of potential customers. The property is zoned RC and includes 44 parking spaces, providing ample convenience for patrons. The single-story building offers a functional layout ideal for a quick-service restaurant (QSR) or similar retail use. This is a second-generation QSR space, ready for immediate occupancy. The property's location in Spartanburg County, SC, zip code 29307, offers a thriving market with significant growth potential. This is an exceptional opportunity for businesses seeking a high-profile location with excellent visibility and accessibility in a dynamic and growing community.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2003
Construction BRICK
Total area 2,972 SF
Lot 1.12 ac (48,787 SF)
APN 7-0900-01811
UPID US77-3046939

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

2161 Main St Spartanburg, SC 29307-1421
Spartanburg metro Census 21303 SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$80k

Owner & transaction history

since 2026
Last sale
$1.6M
4 recorded transactions
2026
$1.6M
2017
$275,000
2011
Price N/A
2004
$2.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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