2 MontgomeryDrayton, SC 29333

  • Commercial real estate
  • 1,397 SF
Off market
$3,450,000 Estimated

Property Details for 2 Montgomery

Year built
1905
Construction
WOOD
Lot size
0.34 AC
Property size (Sq ft)
1,397 SF
Property type
Commercial real estate
APN
7-0816-05500
APU
7081605500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $305,778
    6.5%
    $282,257
    7%
    $262,096

  • Comparable approach

    Method
    Valuation
    Relative Method
    $115,015
    Geo Method
    $115,015

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $568,694
    Retail / Commercial
    $289,079
    Mixed-Use / Specialty
    $286,044
    Hospitality / Lodging
    $207,252
    Office
    $282,257
    Institutional / Educational
    $296,654
    Residential Income
    $347,085
    Multifamily
    $427,389
    Automotive / Energy
    $254,275
    Parking / Income-Based Land
    $89,727.70
    Restaurant / Food Service
    $144,496
    Healthcare / Senior Housing
    $295,389

Location Insight

City
Drayton
County
Spartanburg
State
South Carolina
Latitude
34.9686
Longitude
-81.9085
CBSA code
43900
CBSA name
SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$898
$168
$1,982
$2,150
-
$12,850
$151,700
$164,550

Comparable in this City

  • 1802 Drayton Rd

    Office properties

    1802 Drayton Rd
    Drayton, SC
    View Details

  • 106 Floyd

    RETAIL STORES (PERSONAL SERVICES) • 1,100 SF

    Estimated
    $3,289,000
    106 Floyd
    Drayton, SC
    View Details

  • Drayton

    INDUSTRIAL (GENERAL) • 74,966 SF

    Drayton
    Drayton, SC
    View Details

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Useful Information

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Montgomery
Drayton, SC 29333

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Drayton, SC 29333

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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