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Property profile & analytics
FOR SALE
Retail space
391 N Main St Woodruff, SC 29388
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-0272927
For Sale
1 / 6
Contact for pricing
391 N Main St, Woodruff, SC 29388
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Construction
STONE
Total area
18,600 SF
Lot
3.46 ac (150,500 SF)
APN
4-2515-11100
UPID
US77-0272927
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
-
Zaxby's Chicken Fingers & Buffalo Wings Restaurant
-
Tractor Supply Co. Pet Store & Service
-
TSC Dog Wash (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.26M
CAP Approach
CAP
$3.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.40M
Owner & transaction history
Zaxby S Properties LLC · 4 yrs held
Zaxby S Properties LLC
since 2022
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.4M
+198.7%
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 Woodruff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodruff 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
$5,105,000
ML approach
$5,255,000
CAP Approach
CAP Return
Estimation
6%
$3,565,000
6.5%
$3,290,000
7%
$3,055,000
Alternative Use
Use
Estimation
RESTAURANT
$4,400,000
Change: +199% · Conversion: Easy
Blend value · Realmo final
$5.40M
Range $4.86M – $5.94M · ±10% · vs last sale $5.63M (Mar 13 2020)
Last sale anchor
$5.63M
Mar 13 2020
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
$290 / 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
$121,912
Tax year 2023
Assessed value
$269,364
Assessed 2023
Previous assessed
$269,364
+0.0% YoY
Effective rate
45.26%
On assessed value
Assessed land
$53,268
Assessed improvement
$216,096
Land market value
$887,800
Improvement market value
$3,601,600
Total market value
$4,489,400
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
For Sale
Year built
2020
Construction
STONE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
18,600 SF
Lot
3.46 ac (150,500 SF)
APN
4-2515-11100
UPID
US77-0272927
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
RESTAURANT
Est. value
$4.4M
RESTAURANT
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
2020
Construction
STONE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.46 ac
Current owner
From public records · entity-resolved
Zaxby S Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
287 HUNTERSRIDGE RD, WINCHESTER, VA 22602-6834
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2022
$1,489,216
Zaxby S Properties LLC
Out Parcel Holdings LLC
Warranty Deed
—
Jan 4, 2022
—
Jade Partners LLC
—
Deed
related
$4,100,000 · Ameris Bank
Mar 23, 2020
—
Encore Woodruff LLC
—
Deed
related
$2,882,690 · Wells Fargo Bk
Mar 13, 2020
$900,000
Encore Woodruff LLC
Mvp Properties INC
Special Warranty Deed
—
Jun 29, 2006
$20,000
Terry G Lanford
Mvp Properties INC
Grant Deed
—
Mar 24, 2006
$2,500
Federal Natl Mtg Assn Fnma
Master Of Equity/spartanburg Cnty
Trustees Deed
related
—
—
—
Encore Woodruff LLC
—
Deed Of Trust
related
$2,882,690 · Wells Fargo Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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