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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Retail space
3440 Boiling Spgs Rd Boiling Springs, SC 29316-6010
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-0081044
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
METAL FRAME
Total area
4,950 SF
Lot
0.67 ac (29,185 SF)
APN
2-4406-03300
UPID
US77-0081044
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$563k
Blend (final)
Blend
$600k
Owner & transaction history
Neelkanth Of Sc INC · 4 yrs held
Neelkanth Of Sc INC
since 2021
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$710,000
+75.0%
Office building
$475,000
+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 Boiling Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boiling Springs 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
$460,000
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$405,000
Current use
MEDICAL BUILDING
$710,000
Change: +75% · Conversion: Difficult
OFFICE BUILDING
$475,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$405,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$390,000
Change: -4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$380,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $750k (Dec 2 2021)
Last sale anchor
$750k
Dec 2 2021
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
$121 / 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
$14,705
Tax year 2023
Assessed value
$41,868
Assessed 2023
Previous assessed
$41,868
+0.0% YoY
Effective rate
35.12%
On assessed value
Assessed land
$11,292
Assessed improvement
$30,576
Land market value
$188,200
Improvement market value
$509,600
Total market value
$697,800
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
2003
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
4,950 SF
Lot
0.67 ac (29,185 SF)
APN
2-4406-03300
UPID
US77-0081044
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
RETAIL STORES Current
Est. value
$405,000
MEDICAL BUILDING
Est. value
$710,000
OFFICE BUILDING
Est. value
$475,000
COMMERCIAL (GENERAL)
Est. value
$405,000
AUTO REPAIR, GARAGE
Est. value
$390,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$380,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2003
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Neelkanth Of Sc INC
Entity
Mailing address
1460 UN ST, SPARTANBURG, SC 29302-4147
Ownership since
2021
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
Dec 2, 2021
$750,000
Neelkanth Of Sc INC
Southern Diversified Properties LLC
Deed
$609,042 · Southern Bank
Jun 15, 2007
$640,000
Southern Diversified Properties LLC
Ivan A Turnage
Deed
$595,000 · First Piedmont Fsla
—
—
Ivan A Turnage
—
Deed Of Trust
related
$440,131 · First South Bank
—
—
Southern Diversified Props LLC
—
Deed Of Trust
related
$75,000 · Ivan A Turnage
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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