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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Office buildings
8291 Warren H Abernathy Hwy Spartanburg, SC 29301-1255
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-1424305
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
BRICK
Total area
8,244 SF
Lot
1 ac (43,560 SF)
APN
6-2006-00802
UPID
US77-1424305
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
-
Better Homes and Gardens Young & Company Real Estate Agency
-
Charles Mace Real Estate Real Estate Agency
-
Wilson Digital Marketing LLC Advertising Agency Marketing & Advertising
-
Better Homes and Gardens Real Estate Real Estate Agency
-
Ray Crotts, REALTOR Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.35M
Owner & transaction history
Homer Sea Properties LLC · 1 yrs held
Homer Sea Properties LLC
since 2024
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$163 / 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
$17,642
Tax year 2023
Assessed value
$50,924
Assessed 2023
Previous assessed
$50,924
+0.0% YoY
Effective rate
34.64%
On assessed value
Assessed land
$14,651
Assessed improvement
$36,273
Land market value
$292,840
Improvement market value
$725,000
Total market value
$1,017,840
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
8,244 SF
Lot
1 ac (43,560 SF)
APN
6-2006-00802
UPID
US77-1424305
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
Building & site characteristics
From public records
Year built
1999
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1 ac
Current owner
From public records · entity-resolved
Homer Sea Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8291 WARREN H ABERNATHY HWY, SPARTANBURG, SC 29301-1255
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2024
—
Homer Sea Properties LLC
H Cullen Reed III
Deed
—
Dec 22, 2022
—
Charles R Young II
Charles R Young II
Intrafamily Transfer
related
—
Oct 5, 2021
$214,031
H Cullen Reed JR
Reed Young Realty
Limited Warranty Deed
—
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
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