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    Property profile & analytics

    5581 Chesnee Hwy Chesnee, SC 29323-8724

    • Retail space
    • 2,592 SF
    • 25.24 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Dec 21, 2021
    $500,000
    Location Intelligence
    Property ID
    US77-1116289
    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

    • Happy Hemp Co. / Herbal Medicine Store / Herb Shop
    • Soaring Eagle Energy / Health Food Restaurant

    Property Details for 5581 Chesnee Hwy

    Year built
    1940
    Construction
    CONCRETE BLOCKS
    Lot size
    25.24 lot acres
    Property size
    2,592 SF
    Property type
    Retail space
    APN
    2-2600-01902
    APU
    2260001902

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesnee
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.8588
    Latitude
    35.1126
    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
    $2,478
    $3,229
    $4,020
    $7,249
    -
    $377,660
    $67,000
    $444,660

    Comparable in this City

    • Value Estimation by Request
      6,795 SF

      309 Alabama Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,795 SF
      309 Alabama Ave, Chesnee, SC 29323-1505
      View Details
    • Value Estimation by Request
      1,480 SF

      118 Alabama Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,480 SF
      118 Alabama Ave, Chesnee, SC 29323-1555
      View Details
    • Value Estimation by Request
      6,656 SF

      506 Alabama Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,656 SF
      506 Alabama Ave, Chesnee, SC 29323-1702
      View Details
    • Value Estimation by Request
      1,625 SF

      103 Cherokee St

      RETAIL STORES (PERSONAL SERVICES) • 1,625 SF
      103 Cherokee St, Chesnee, SC 29323-1225
      View Details
    • Value Estimation by Request
      270 SF

      220 Alabama Ave

      RETAIL STORES (PERSONAL SERVICES) • 270 SF
      220 Alabama Ave, Chesnee, SC 29323-1504
      View Details
    • Value Estimation by Request
      2,100 SF

      120 Alabama Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,100 SF
      120 Alabama Ave, Chesnee, SC 29323-1555
      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
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    • $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
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    Chesnee, SC 29323-8724
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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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