Property profile

501 Willis Rd Spartanburg, SC 29301

FOR SALE
Sports & entertainment properties
Saved see the list in your Dashboard
Property ID
US77-1159821
19,099 SF 9.15 ac Built 1994
Last sale Aug 2022·$338,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$38k
Assessed land$2k
Assessed improvement$36k
Effective rate34.64%

Value estimate

· Nov 2026
$225k
$203k – $248k
AI approach$205k
NOI build-up
Gross scheduled income$1.47M
Vacancy & credit loss−$177k
Operating expenses−$485k
NOI · 20.25% cap applied$809k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$2,900/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$41 – $5,244

Cap rate analysis

How does the asset earn?
20.25%
$809k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPARTANBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office21.3
Building Supply20.6
Auto Repair Shop18.2

Location

501 Willis Rd Spartanburg, SC 29301
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
901 Meridian Riv, Spartanburg, SC 29301-6180 $28,508,824 Mar 2025 3,202 SF
Warren H Abernathy, Spartanburg, SC 29301 $250,000 Aug 2024 4,713 SF
191 White Star, Spartanburg, SC 29301-5209 $3,400,000 Sep 2023 No data
2970 Reidville, Spartanburg, SC 29301-5634 $38,979,300 Feb 2023 3,446 SF
Copper Line, Spartanburg, SC 29301 $338,000 Jul 2022 No data
7 Thomas Oaks, Spartanburg, SC 29301-5258 $2,100,000 Dec 2018 2,243 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?