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Property profile & analytics
FOR LEASE
Auto shops
7921 Valley Falls Rd Spartanburg, SC 29303
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US77-0414550
No photos on file
For Lease
$630,000
7921 Valley Falls Rd, Spartanburg, SC 29303
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1988
Construction
METAL FRAME
Total area
6,400 SF
Lot
11.61 ac (505,732 SF)
APN
2-5600-01002
UPID
US77-0414550
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sanchez Bros. Painting Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$630k
Owner & transaction history
F Sanchez Brothers Painting Ll · 12 yrs held
F Sanchez Brothers Painting Ll
since 2013
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$915,000
+81.8%
Office building
$635,000
+25.9%
Commercial (general)
$590,000
+16.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spartanburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spartanburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$505,000
Current use
MEDICAL BUILDING
$915,000
Change: +82% · Conversion: Difficult
OFFICE BUILDING
$635,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$590,000
Change: +17% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$490,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,903
Tax year 2023
Assessed value
$20,700
Assessed 2023
Previous assessed
$20,700
+0.0% YoY
Effective rate
43.01%
On assessed value
Assessed land
$8,386
Assessed improvement
$12,314
Land market value
$248,900
Improvement market value
$365,500
Total market value
$614,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1988
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,400 SF
Lot
11.61 ac (505,732 SF)
APN
2-5600-01002
UPID
US77-0414550
Jurisdiction
SPARTANBURG
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$505,000
MEDICAL BUILDING
Est. value
$915,000
OFFICE BUILDING
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$490,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
11.61 ac
Current owner
From public records · entity-resolved
F Sanchez Brothers Painting Ll
Individual
Mailing address
203 AUTUMNVALE DR, INMAN, SC 29349-8560
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2013
$300,000
F Sanchez Brothers Painting Ll
Owens Everett D Trust
Grant Deed
$150,000 · Bank Of America
Mar 30, 2010
—
Owens Everett D Trust
Owens,cotton & Dollie M
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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