200 Dillon CirSpartanburg, SC 29307

Property Details for 200 Dillon Cir

Year built

1987

Lot size

1.58 AC

Property size (Sq ft)

11,925 SF

Property type

Medical offices

Property subtype

Medical centers

APN

7-0900-04000

APU

7090004000

Description

This exceptional 11,064-square-foot special purpose building in Spartanburg, South Carolina, sits on a generous 1.58-acre lot and offers significant potential for a variety of uses. Currently vacant, the property presents a unique opportunity for adaptive reuse. The building features three entrances – two in the front and one in the back leading to a courtyard – providing convenient access. Ample parking is available with 50 spaces, including a handicap-accessible ramp, and three separate entrances to the parking lot from different roads, one of which is gated. The interior has been prepared for renovation, with floors already removed, allowing for complete customization to suit the needs of the new tenant or owner. The seller is open to negotiating further renovations to meet specific requirements. The property's location in the Mary Black hospital area makes it ideally suited for medical offices, daycare centers, or professional office spaces. The zoning is Commercial

• CAP approach

  CAP return

  Valuation

  6%

  $2,303,090

  6.5%

  $2,125,929

  7%

  $1,974,077

• Comparable approach

  Method

  Valuation

  Relative Method

  $981,785

  Geo Method

  $981,785

• Alternative Use

  Use

  Valuation

  Residential

  $2,636,152

  Hospitality

  $2,414,702

  Educational

  $2,009,003

  Medical

  $2,078,096

  Retail

  $3,125,116

Location Insight

City

Spartanburg

County

Spartanburg

State

South Carolina

Latitude

34.9814

Longitude

-81.9019

CBSA code

43900

CBSA name

SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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