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Property profile & analytics
FOR LEASE
Warehouses
849 California Ave Spartanburg, SC 29301
Entity Owned
Free & Clear
Property ID
US77-0837830
For Lease
1 / 5
Contact for pricing
849 California Ave, Spartanburg, SC 29301
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Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Total area
7,500 SF
Lot
5.84 ac (254,390 SF)
APN
6-1311-01000
UPID
US77-0837830
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
-
Steelcore Industrial and Welding Supply Corporate Office Business Park
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
Cleve Land 1 LLC
Cleve Land 1 LLC
since 2025
Last sale
$10,270
7 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
—
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
$2,213
Tax year 2023
Assessed value
$5,886
Assessed 2023
Previous assessed
$5,886
+0.0% YoY
Effective rate
37.60%
On assessed value
Assessed land
$5,886
Land market value
$98,100
Total market value
$98,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
2006
Heating
YES
Cooling
YES
Stories
1
Total area
7,500 SF
Lot
5.84 ac (254,390 SF)
APN
6-1311-01000
UPID
US77-0837830
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
2006
Heating
YES
Cooling
Yes
Stories
1
Lot
5.84 ac
Current owner
From public records · entity-resolved
Cleve Land 1 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 3442, SPARTANBURG, SC 29304-3442
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
$10,270
Cleve Land 1 LLC
Cleve Land 3 Limited Partnership
Deed
—
Nov 21, 2024
$480,000
849 California Avenue LLC
Twin Oaks Development
Deed
$400,000 · Greenville FCU
Dec 5, 2011
—
Cleveland Land 3 LP
Cleveland,dexter A & Donna L
Quit Claim Deed
—
Dec 1, 2011
—
Cleve Land 3 LP
Cleveland,dexter A & Donna L
Quit Claim Deed
related
—
Sep 13, 2011
—
Dexter A Cleveland
Cleveland Jesse P
Quit Claim Deed
—
—
—
Cleveland Giles P Trust
—
Deed Of Trust
related
$157,250 · Arthur State Bank Spartanburg
—
—
Ginevra M Cleveland
—
Deed Of Trust
related
$209,500 · Carolina Alliance Bank
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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