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    Property profile & analytics

    511 Old Spartanburg Hwy Wellford, SC 29385-9625

    • Grocery and convenience stores
    • 2,400 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $125,000
    Last Sale
    Apr 20, 2022
    $180,000
    Location Intelligence
    Property ID
    US77-0619651
    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

    • RockItCoin Bitcoin ATM / Crypto Atm
    • KUSH FOOD MART / Cigar Shop / Lottery Retailer
    • DigitalMint Bitcoin ATM / Currency Exchange Service / Atm
    • V-Go / Gas Station

    Property Details for 511 Old Spartanburg Hwy

    Year built
    1976
    Construction
    BRICK
    Lot size
    0.51 lot acres
    Property size
    2,400 SF
    Property type
    Grocery and convenience stores
    APN
    5-1613-07101
    APU
    5161307101

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $120,000

    • CAP approach

      CAP return
      Estimation
      6%
      $130,000
      6.5%
      $110,000
      7%
      $120,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $120,000
      Geo Method
      $115,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $140,000
      Retail
      $140,000
      Mixed-Use
      $115,000
      Hospitality
      $130,000
      Educational
      $125,000
      Residential Income
      $130,000
      Energy
      $105,000
      Income-Based Land
      $115,000
      Food Service
      $115,000

    Location Insight

    • Map
    • Local Demand
    City
    Wellford
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.0979
    Latitude
    34.9428
    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
    $3,906
    $4,446
    $4,932
    $9,378
    -
    $74,100
    $82,200
    $156,300

    Comparable in this City

    • Value Estimation
      $585,000
      2,046 SF

      1997 Nazareth Rd

      CONVENIENCE STORE • 2,046 SF
      1997 Nazareth Rd, Wellford, SC 29385-9642
      View Details
    • Value Estimation
      $325,000
      2,400 SF

      2030 Ft Prince Blvd

      CONVENIENCE STORE • 2,400 SF
      2030 Ft Prince Blvd, Wellford, SC 29385
      View Details
    • Value Estimation by Request
      2,505 SF

      859 Neighborhood Rd

      CONVENIENCE STORE • 2,505 SF
      859 Neighborhood Rd, Wellford, SC 29385-9207
      View Details
    • Value Estimation
      $1,245,000
      9,230 SF

      200 Craft St

      RETAIL STORES (PERSONAL SERVICES) • 9,230 SF
      200 Craft St, Wellford, SC 29385
      View Details
    • Value Estimation
      $340,000
      6,112 SF

      181 Cannon Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,112 SF
      181 Cannon Rd, Wellford, SC 29385-9423
      View Details
    • Value Estimation by Request
      2,430 SF

      10301 Greenville Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,430 SF
      10301 Greenville Hwy, Wellford, SC 29385-9539
      View Details

    Similar Nearby for Sale

    • $150,000
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      Wellford Commercial Land - $150K

      3.6-acre commercial lot, prime location.
      0 Fort Prince Blvd, Wellford, SC 29385
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    • $795,000
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      Greenville Hwy Commercial Land

      1.46 Acres, High Visibility, Great Location
      10410 Greenville Hwy, Wellford, SC 29385
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    • $170,000
      5.19 Acres

      Wellford Acreage Near Highway 29

      5.19 acre property near Wellford amenities and schools.
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      View Details
    • $475,000
      17.55 Acres

      Wellford Farm Ready for Livestock

      17.55-acre farm equipped for livestock and building a home.
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    • $499,000
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      Wellford, SC Commercial Land

      13 Acres, Multifamily Potential, Home Included
      0 Syphrit Rd, Wellford, SC 29385
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    • $195,000
      5.65 Acres

      Wellford Commercial Land - 5.65 Acres

      Prime Commercial Land, I-85 Proximity
      10418 Greenville Hwy, Wellford, SC 29385
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      2,382 SF

      Mixed-Use Retail or Office Space

      New retail or office space in redeveloped Startex Mill.
      21 N Main St, Wellford, SC 29385
      View Details
    • $16 SF/Yr
      1,800 SF

      Retail Space on Spartanburg Hwy

      Highly visible retail space in a busy shopping center.
      360 Spartanburg Hwy, Wellford, SC 29385
      View Details
    • $4 SF/Yr
      439,360 SF

      Industrial Property with I-85 Frontage

      Industrial property with strategic location and significant consumer reach.
      200 Fort Prince Rd, Wellford, SC 29385
      View Details
    • $3 SF/Yr
      4,800 SF

      Office Space Near I-85

      Flexible office space near I-85 and major transportation hubs.
      1101 Syphrit Rd, Wellford, SC 29385
      View Details
    • Contact for pricing
      166,000 SF

      Wellford Warehouse with Office Space

      166,000 SF warehouse with office space for lease.
      343 Old Spartanburg Hwy, Wellford, SC 29385
      View Details
    • $6,500 /Mo

      Industrial Land with Warehouse

      Industrial land available for lease with flexible storage options.
      10255 E Greenville Hwy, Wellford, SC 29385
      View Details
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    Wellford, SC 29385-9625
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    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
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