901 Pine StSpartanburg, SC 29302
- Office properties
- 6,872 SF
Property Details for 901 Pine St
- Year built
- 1977
- Construction
- BRICK
- Lot size
- 0.71 AC
- Property size (Sq ft)
- 6,872 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 7-1701-07101
- APU
- 7170107101
Description
This exceptional executive office building, located at 901 S Pine St in Spartanburg, South Carolina, presents a unique investment opportunity. The property boasts 6,872 square feet of well-appointed office space spread across two levels, encompassing a main floor and a lower level. The layout includes a welcoming lobby, numerous private offices to accommodate various team sizes, a versatile multi-purpose room, a formal conference room perfect for client meetings, a convenient breakroom, and four restrooms. The building sits on a sizable 0.712-acre lot, providing ample space and potential for future expansion. Parking is readily available with 23 designated spaces. The property is zoned for Limited Office District (LOD), ensuring its suitability for a range of professional uses. Its convenient location offers easy access to downtown Spartanburg, making it an attractive option for businesses seeking a central location. The Spartanburg County Tax Map number is 7-17-01-07-071.01. This turnkey office building is offered at an asking price of $655,000 and represents a compelling opportunity for investors and businesses alike. The property's combination of size, amenities, and location makes it an ideal choice for a variety of professional enterprises.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,327,198
- 6.5%
- $1,225,106
- 7%
- $1,137,598
-
Comparable approach
- Method
- Valuation
- Relative Method
- $565,772
- Geo Method
- $565,772
-
Alternative Use
- Use
- Valuation
- Residential
- $1,519,131
- Hospitality
- $1,391,516
- Educational
- $1,157,725
- Medical
- $1,197,541
- Retail
- $1,800,906
Location Insight
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Latitude
- 34.939
- Longitude
- -81.9033
- CBSA code
- 43900
- CBSA name
- SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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