Technical
Financial
Distress signals
Property profile

508 Springfield Rd Spartanburg, SC 29303

OFF-MARKET
Turn key restaurants
Property ID
US77-0531182
3,834 SF 1.12 ac lot Built 1995
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Construction METAL FRAME
Total area 3,834 SF
Lot 1.12 ac (48,787 SF)
APN 2-5500-02501
UPID US77-0531182

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

508 Springfield Rd Spartanburg, SC 29303-9498
Spartanburg metro Census 21804 SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2015
6 recorded transactions
2025
Price N/A
2019
Price N/A
2015
$143,000
2012
Price N/A
2011
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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