364 Whitney Rd Spartanburg, SC 29303-3147
This exceptional 0.43-acre commercial property at 364 Whitney Rd, Spartanburg, SC, presents a unique investment opportunity. Priced at $500,000, the property boasts a highly desirable location with very high traffic volume, ensuring excellent visibility and accessibility for any business. Previously utilized as a car wash and car sales lot, the existing structure offers significant potential for redevelopment and repurposing. The building includes office space that can be renovated to suit a variety of commercial uses. The adaptable layout and prominent location make this property ideal for entrepreneurs seeking a high-impact presence in a bustling area of Spartanburg. The substantial lot size provides ample space for expansion, parking, or outdoor operations. This is a rare chance to acquire a well-situated commercial property in a thriving market, ready for its next chapter. The property's history as a car wash and sales lot speaks to its proven commercial viability and strong location. Investors and business owners alike will appreciate the potential for immediate occupancy or extensive renovation to create a customized commercial space. Don't miss this chance to secure a prime commercial location in a dynamic and growing city. Serious inquiries only.
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Miles Motor Co Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.