930 Pine StSpartanburg, SC 29302

Property Details for 930 Pine St

Year built

2002

Construction

BRICK

Lot size

0.58 AC

Property size (Sq ft)

11,526 SF

Property type

Office properties

Property subtype

Office buildings

APN

7-1701-04800

APU

7170104800

Description

This exceptional 4,000 square foot Class B office space, located at 930 S Pine St in Spartanburg, South Carolina, presents a fantastic opportunity for businesses seeking a prominent location. The suite boasts 17 private offices, ample storage rooms, and three restrooms, complemented by large open areas perfect for collaborative work. Professionally finished, this second-floor space offers high visibility from its location on South Pine Street, enhanced by a prominent monument sign. The property features abundant onsite parking, a significant advantage for employees and clients. This location is highly convenient, situated just minutes from downtown Spartanburg and directly on the Mary Black Rail Trail, offering employees access to recreational opportunities. The asking lease rate is $12 per square foot, gross. The landlord is flexible and open to subdividing the space to accommodate single or multi-tenant users, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 4,000 square feet. The total building size is 5,629 square feet. This property represents a unique blend of convenience, visibility, and functionality, making it an ideal choice for discerning businesses seeking a high-quality office environment in a thriving South Carolina community. The zip code is 29302.

• CAP approach

  CAP return

  Valuation

  6%

  $2,226,031

  6.5%

  $2,054,798

  7%

  $1,908,026

• Comparable approach

  Method

  Valuation

  Relative Method

  $948,936

  Geo Method

  $948,936

• Alternative Use

  Use

  Valuation

  Residential

  $2,547,949

  Hospitality

  $2,333,908

  Educational

  $1,941,784

  Medical

  $2,008,565

  Retail

  $3,020,552

Location Insight

City

Spartanburg

County

Spartanburg

State

South Carolina

Latitude

34.9373

Longitude

-81.9015

CBSA code

43900

CBSA name

SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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