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Property profile & analytics
OFF-MARKET
Residential income homes
314 Pne St Spartanburg, SC 29302-2677
Entity Owned
9-yr Hold
Property ID
US77-2368941
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2014
Construction
BRICK
Total area
5,014 SF
Lot
1.93 ac (84,071 SF)
APN
7-1216-00104
UPID
US77-2368941
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
-
Parks Engineering Associates, Inc. Engineering Consultant
-
George Johnson Insurance Insurance Agency
-
Greene Gator Technology Inc Tech Support Center IT Consulting Firm
-
Dr. Wendell Bowers, DDS Physician
-
Kyle Milner III Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
314 South LLC · 9 yrs held
314 South LLC
since 2017
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$59,303
Tax year 2023
Assessed value
$122,475
Assessed 2023
Previous assessed
$122,475
+0.0% YoY
Effective rate
48.42%
On assessed value
Assessed land
$17,863
Assessed improvement
$104,612
Land market value
$374,000
Improvement market value
$2,190,300
Total market value
$2,564,300
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2014
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
48
Total area
5,014 SF
Lot
1.93 ac (84,071 SF)
APN
7-1216-00104
UPID
US77-2368941
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
Building & site characteristics
From public records
Year built
2014
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Bathrooms
48
Lot
1.93 ac
Current owner
From public records · entity-resolved
314 South LLC
Entity
Mailing address
314 S PNE ST STE #100, SPARTANBURG, SC 29302-2677
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
—
Mid South Management Company INC
—
Deed
related
$960,500 · Carolina Alliance Bank
Oct 3, 2019
—
Combo Properties LLC
—
Deed
related
$892,500 · Carolina Alliance Bk
Apr 18, 2018
—
Combo Properties LLC
—
Deed
related
$850,000 · Carolina Alliance Bk
Mar 16, 2017
—
314 South LLC
Mid-south Management Co INC
Quitclaim Deed
related
—
Feb 18, 2015
—
314 South LLC
Mid-south Management Co INC
Grant Deed
—
—
—
314 South LLC
—
Deed Of Trust
related
$2,362,500 · Everbank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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