Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    346 Un St Spartanburg, SC 29306-3553

    • Auto shops
    • 8,850 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1303952
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Advantage A/C, Tire & Repair / Tire Shop / Transmission Shop

    Property Details for 346 Un St

    Year built
    1989
    Construction
    METAL FRAME
    Lot size
    0.79 lot acres
    Property size
    8,850 SF
    Property type
    Auto shops
    APN
    7-1215-33300
    APU
    7121533300

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $669,000
      Market price range: $328k - $1.13M
      AI Estimate
      $584,000
      Market price range: $307k - $923k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $695,000
      Current use
      RETAIL STORES
      $740,000
      Change: +6% Conversion: Difficult
      OFFICE BUILDING
      $700,000
      Change: +1% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $680,000
      Change: -2% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $665,000
      Change: -4% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9212
    Latitude
    34.9463
    CBSA code
    43900
    CBSA name
    SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,454
    $7,037
    $11,938
    $18,975
    -
    $130,100
    $220,700
    $350,800

    Comparable in this City

    • Value Estimation by Request
      2,704 SF

      160 Spg St

      AUTO REPAIR, GARAGE • 2,704 SF
      160 Spg St, Spartanburg, SC 29306-3238
      View Details
    • Value Estimation by Request
      3,512 SF

      2095 Church St Ext

      AUTO REPAIR, GARAGE • 3,512 SF
      2095 Church St Ext, Spartanburg, SC 29306-4545
      View Details
    • Value Estimation by Request
      13,660 SF

      2065 Church St Ext

      AUTO REPAIR, GARAGE • 13,660 SF
      2065 Church St Ext, Spartanburg, SC 29306-4544
      View Details
    • Value Estimation by Request
      3,396 SF

      234 John B White Sr Blvd

      AUTO REPAIR, GARAGE • 3,396 SF
      234 John B White Sr Blvd, Spartanburg, SC 29306-6045
      View Details
    • Value Estimation by Request
      5,340 SF

      508 Un St

      AUTO REPAIR, GARAGE • 5,340 SF
      508 Un St, Spartanburg, SC 29306-3622
      View Details
    • Value Estimation by Request
      3,196 SF

      240 John B White Sr Blvd

      AUTO REPAIR, GARAGE • 3,196 SF
      240 John B White Sr Blvd, Spartanburg, SC 29306-6045
      View Details

    Similar Nearby for Sale

    • $495,000

      Spartanburg Auto Repair Shop For Sale

      Established Business, High Traffic Area
      234 John B White Sr Blvd, Spartanburg, SC 29306
      View Details
    • Contact for pricing

      Caliber Collision NNN Investment Opportunity

      Recently renewed 15-year NNN corporate lease with zero landlord responsibilities.
      119 Southport Rd, Spartanburg, SC 29306
      View Details
    • $550,000
      7,000 SF

      7,000 SF Building on 1.19 Acres

      7,000 SF building on 1.19 acres with 100 parking spaces.
      93 Kensington Dr, Spartanburg, SC 29306
      View Details
    • $495,000
      3,600 SF

      Retail Property in Spartanburg, SC

      Retail property available for sale in Spartanburg, South Carolina.
      234 John B White Sr Blvd, Spartanburg, SC 29306
      View Details
    • $1,700,000
      7,665 SF

      Retail Property in Spartanburg, SC

      Retail property available for sale in Spartanburg, South Carolina.
      350 E Henry St, Spartanburg, SC 29306
      View Details
    • $250,000
      4,262 SF

      Spartanburg Industrial Property

      $250K, 4,262 SF Flex Space
      1010 Church Street Ext, Spartanburg, SC 29306
      View Details

    Similar Nearby for Lease

    • $2,850 /Mo
      2,700 SF

      Showroom with Large Parking Area

      Showroom with offices, work bay, and ample parking.
      203 John B White Sr Blvd, Spartanburg, SC 29306
      View Details
    • Contact for pricing
      37,026 SF

      Downtown Spartanburg Mixed-Use

      Prime .85-acre urban redevelopment site.
      100 Kennedy St, Spartanburg, SC 29306
      View Details
    • $24 SF/Yr
      1,525 SF

      Downtown Spartanburg Retail/Office Space

      Retail or office space with high visibility in downtown.
      178-182 E Main St, Spartanburg, SC 29306
      View Details
    • Contact for pricing
      7,500 SF

      Downtown Spartanburg Retail Space Available

      Prime retail suites for lease in downtown Spartanburg, SC.
      100 E Main St, Spartanburg, SC 29306
      View Details
    • $20 SF/Yr
      3,900 SF

      Downtown Spartanburg Corner Restaurant Space

      Restaurant space with full kitchen, bar, and on-site parking.
      187 N Church St, Spartanburg, SC 29306
      View Details
    • $16 SF/Yr
      1,587 SF

      Downtown Spartanburg Office/Retail Space

      Office or retail space for lease in downtown Spartanburg.
      300 Union St, Spartanburg, SC 29306
      View Details

    Property Visit Statistics

    • Visits by month
      0
    • Visitors by month
      579
    • Avg Time on site
      26 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    346 Un St
    Spartanburg, SC 29306-3553
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.