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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Retail space
362 Main St Spartanburg, SC 29301-2358
Entity Owned
~
Est. High Equity
Property ID
US77-0027331
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Total area
11,425 SF
Lot
1.7 ac (74,226 SF)
APN
7-1213-09900
UPID
US77-0027331
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
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.02M
Owner & transaction history
Lavg Holdings LLC
Lavg Holdings LLC
since 2025
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+57.0%
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
Method
Estimation
Statistic approach
$805,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,040,000
Current use
MEDICAL BUILDING
$1,635,000
Change: +57% · Conversion: Difficult
COMMERCIAL (GENERAL)
$950,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$900,000
Change: -14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$880,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10% · vs last sale $1.15M (Aug 4 2025)
Last sale anchor
$1.15M
Aug 4 2025
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
$89 / 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
$38,377
Tax year 2023
Assessed value
$79,710
Assessed 2023
Previous assessed
$79,710
+0.0% YoY
Effective rate
48.15%
On assessed value
Assessed land
$37,770
Assessed improvement
$41,940
Land market value
$629,500
Improvement market value
$699,000
Total market value
$1,328,500
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
1996
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,425 SF
Lot
1.7 ac (74,226 SF)
APN
7-1213-09900
UPID
US77-0027331
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
$1.0M
MEDICAL BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$880,000
RETAIL STORES Current
MEDICAL 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
1996
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Lavg Holdings LLC
Entity
Mailing address
490 PERALTA AVE, LONG BEACH, CA 90803-2218
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
$1,150,000
Lavg Holdings LLC
Scottks LLC
Warranty Deed
$840,000 · Palmetto State Bank
Dec 30, 2021
$1,315,000
Scottks LLC
Willaim P Floyd Family LP
Deed
—
Mar 27, 2015
$1,250,000
William P Floyd Family LP
Usrei 1 LLC
Grant Deed
—
Oct 24, 2007
$1,760,000
Usrei 1 LLC
Baiden & Mckeown Properties LLC
Warranty Deed
$1,250,000 · Wachovia Bank NA
Jul 3, 2007
$1,700,000
Baiden & Mckeown Properties LLC
Hatter Family LP
Deed
—
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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