Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    401 Alabama Ave Chesnee, SC 29323-1507

    • Retail space
    • 17,570 SF
    • 1.28 lot acres
    OFF-MARKET
    Value Estimation
    $840,000
    Last Sale
    Dec 30, 2020
    $900,000
    Location Intelligence
    Property ID
    US77-3007114
    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

    • Paws & Purrs Animal Clinic Inc / Veterinarian
    • Robertson's Ace Hardware / Paint Store / Tool Store
    • Chesnee ACE Hardware / Hardware Store
    • FedEx OnSite / Mailing Service

    Property Details for 401 Alabama Ave

    Year built
    1962
    Construction
    CONCRETE BLOCKS
    Lot size
    1.28 lot acres
    Property size
    17,570 SF
    Property type
    Retail space
    APN
    2-1413-09600
    APU
    2141309600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $815,000

    • CAP approach

      CAP return
      Estimation
      6%
      $905,000
      6.5%
      $850,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $845,000
      Geo Method
      $805,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $750,000
      Retail
      $700,000
      Mixed-Use
      $835,000
      Hospitality
      $780,000
      Educational
      $680,000
      Residential Income
      $850,000
      Energy
      $860,000
      Income-Based Land
      $910,000
      Food Service
      $785,000

    Location Insight

    • Map
    • Local Demand
    City
    Chesnee
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.86
    Latitude
    35.1441
    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
    $29,726
    $7,530
    $52,224
    $59,754
    -
    $125,500
    $870,400
    $995,900

    Comparable in this City

    • Value Estimation by Request
      1,250 SF

      109 Cherokee St

      RETAIL STORES (PERSONAL SERVICES) • 1,250 SF
      109 Cherokee St, Chesnee, SC 29323-1225
      View Details
    • Value Estimation by Request
      825 SF

      4154 Chesnee Hwy

      RETAIL STORES (PERSONAL SERVICES) • 825 SF
      4154 Chesnee Hwy, Chesnee, SC 29323
      View Details
    • Value Estimation by Request
      1,800 SF

      212 Arrowood Br Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      212 Arrowood Br Rd, Chesnee, SC 29323-9759
      View Details
    • Value Estimation
      $395,000
      2,592 SF

      5581 Chesnee Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,592 SF
      5581 Chesnee Hwy, Chesnee, SC 29323-8724
      View Details
    • Value Estimation
      $250,000
      1,017 SF

      102 Marion St

      RETAIL STORES (PERSONAL SERVICES) • 1,017 SF
      102 Marion St, Chesnee, SC 29323-1541
      View Details
    • Value Estimation by Request
      962 SF

      114 Alabama Ave

      RETAIL STORES (PERSONAL SERVICES) • 962 SF
      114 Alabama Ave, Chesnee, SC 29323
      View Details

    Similar Nearby for Sale

    • $250,000
      2,100 SF

      Downtown Chesnee Commercial Opportunity

      Versatile commercial space in a high-visibility, growing downtown area.
      120 S Alabama Ave, Chesnee, SC 29323
      View Details
    • $320,000
      2,012 SF

      Retail Property in Chesnee, SC

      Retail property available for sale in Chesnee, South Carolina.
      213 S Alabama Ave, Chesnee, SC 29323
      View Details
    • $349,000
      5.73 Acres

      152 Long Branch Rd, Chesnee, SC 29323

      Commercial real estate • 5.73 Acres
      152 Long Branch Rd, Chesnee, SC 29323
      View Details
    • $198,900
      1.92 Acres

      Waterfront Residential Lot for Sale

      1.92 acre residential lot with lake access and shoreline.
      712 Buck Creek Rd, Chesnee, SC 29323
      View Details
    • New
      $85,000
      1.11 Acres

      Residential Lot Ready to Build

      1.1 acre residential lot near Strawberry Hill, Chesnee, SC
      107 Brooklyn Church Rd, Chesnee, SC 29323
      View Details
    • $315,000
      1 SF

      Chesnee Multifamily Investment Opportunity

      Well-maintained 13-unit building in Chesnee, SC.
      146 Country Club Trl, Chesnee, SC 29323
      View Details

    Property Visit Statistics

    • Visits by month
      15.4k
    • Visitors by month
      8.9k
    • Avg Time on site
      16 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.
    401 Alabama Ave
    Chesnee, SC 29323-1507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    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.