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Property profile & analytics
OFF-MARKET
Office buildings

8019 Asheville Hwy Spartanburg, SC 29303-1560

700 SF 0.23 ac lot Built 1945
Individually Owned Free & Clear
Property ID
US77-0762252
Property summary
AI-generated overview

This 0.23-acre commercial lot at 8019 Asheville Highway in Spartanburg, SC, presents a unique opportunity for businesses seeking high visibility and convenient access. Located directly across from the Spartanburg Flea Market, this property boasts excellent exposure on US-56 (Asheville Highway), ensuring significant traffic flow. Its strategic location offers quick access to both I-85 and I-26, providing easy connectivity throughout the region. The existing structure is an unfinished shell, stripped down to the studs and floor trusses, allowing for complete customization to suit specific business needs. A recently installed 8.5-foot privacy fence encloses the rear of the property, offering security and defining the space. The building features an architectural shingle roof and is plumbed for a single bathroom, as per the seller's statement. Ample parking is available, with paved areas at both the front and rear of the property. Two extra-wide gates facilitate convenient vehicle access. A concrete pad at the rear suggests potential for future expansion. Public utilities are available, though not currently connected. The property is being sold in "as-is" condition. This prime location, combined with the flexibility of an unfinished building, makes this an ideal investment for entrepreneurs and businesses seeking a prominent presence in a high-traffic area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1945
Construction BRICK
Total area 700 SF
Lot 0.23 ac (9,869 SF)
APN 2-5512-05300
UPID US77-0762252
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lucas S Morales
Lucas S Morales
since 2026
Last sale
$95,000
3 recorded transactions
2026
$95,000
2023
$45,000
2015
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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