Realmo Analytics

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Property profile

341 Old Spartanburg Hwy Wellford, SC 29385

FOR SALE
Office buildings
Property ID
US77-2294489
4,800 SF 1.84 ac lot Built 2005
Last sale Aug 2021 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 15,000-square-foot office building situated on 1.84 acres, configured with a layout intended to accommodate a mix of administrative and operational functions. It is described as suitable for light industrial or flex use, combining office space with an outdoor component. The site is located approximately one mile from I-85 and 0.5 miles from Highway 29, providing access to regional transportation routes. It also includes substantial yard area that can support outdoor storage…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$17k
Assessed land$3k
Assessed improvement$14k
Effective rate35.68%

Value estimate

· Oct 2026
$155k
$140k – $171k
AI approach$190k
NOI build-up
Gross scheduled income$121k
Vacancy & credit loss−$18k
Operating expenses−$26k
NOI · 9.66% cap applied$77k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$102/SF
County average, outlier-cleaned · 155 recorded sales of this use type
Observed band · Q1–Q3$64 – $201

Cap rate analysis

How does the asset earn?
9.66%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPARTANBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.0
HVAC Service9.6
Restaurant9.5

Location

341 Old Spartanburg Hwy Wellford, SC 29385
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2036 Ft Prince, Wellford, SC 29385-9745 $125,000 May 2024 2,520 SF
10581 Greenville, Wellford, SC 29385-9541 $239,999 Oct 2023 1,500 SF
126 Ft Prince, Wellford, SC 29385-9353 $120,000 Nov 2020 625 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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