Flex Office with Storage
For Sale
Under Contract
$350,000
2063 Hwy 72l221 E, Greenwood, SC 29649
COMMERCIAL - Greenwood, SC
Property Size4,675 SF
Lot Size1.33 Acres
Price / SF$74.87
Days on Market31
Property Features for 2063 Hwy 72l221 E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Subdivision
Greenwood 2E
Standard status
Active Under Contract
Size
4,675 SF
Lot size
1.33 Acres
Taxes and HOA fees
Tax Annual Amount
2737
Building Details
Year built
1965
Listing Agency:
RE/MAX ACTION REALTY · RE/MAX International
(864) 942-0021
Listed By:
Bubba Harvin · License #13033
(864) 992-9090
Added: Jul 3
Changed: Jul 8
Last Checked: Aug 2 at 6:06PM
MLS# 140153
Copyright © 2026 Greenwood Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex-style property includes a newly remodeled office and two rear storage buildings. The office floor plan features a waiting area, receptionist office, file room, break room, two offices, a conference room, and two half baths. Behind the office are two separate storage structures, including one with a roll-up door and approximately 1,000 square feet, and a second with two roll-up doors and approximately 1,800 square feet. A large rear laydown yard supports equipment staging and day-to-day workflow for trades and related uses.
The property is located in Greenwood County and is zoned I-1. It sits on approximately 1.33 acres, providing both built space and outdoor area in one tract.
For tenants, owners, or buyers looking for a combined workplace and storage setup, the configuration supports customer-facing office use alongside operational space. The office layout supports reception and meetings, while the rear roll-up storage and laydown yard can accommodate tools, materials, and on-site staging without requiring separate leased space. The two storage buildings also offer flexibility for organizing different categories of inventory or equipment, all within the same fenced-style operational flow implied by the yard and rear improvements.
The property is located in Greenwood County and is zoned I-1. It sits on approximately 1.33 acres, providing both built space and outdoor area in one tract.
For tenants, owners, or buyers looking for a combined workplace and storage setup, the configuration supports customer-facing office use alongside operational space. The office layout supports reception and meetings, while the rear roll-up storage and laydown yard can accommodate tools, materials, and on-site staging without requiring separate leased space. The two storage buildings also offer flexibility for organizing different categories of inventory or equipment, all within the same fenced-style operational flow implied by the yard and rear improvements.
Key Highlights
- Remodeled office with a floor plan including waiting area, receptionist office, file room, break room, two offices, and a conference room
- Two half baths in the office layout
- Rear storage buildings include one 1,000 SF building with a roll‑up door and another 1,800 SF building with two roll‑up doors
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.1k | $9.00 |
| − Vacancy | −$2.7k | −$0.59 |
| EGI | $39.3k | $8.42 |
| − OpEx | −$11.8k | −$2.52 |
| NOI | $27.5k | $5.89 |
4,675 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.14M
$997.2K – $1.33M
NOI $79,772 @ 7.0% cap · market cap 22.79%
Second Best
Warehouse
$477.7K
$418.0K – $557.3K
NOI $33,439 @ 7.0% cap · market cap 9.55%
Theoretical Best
Office A
$1.47M
$1.29M – $1.71M
NOI $102,802 @ 7.0% cap · market cap 29.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29649, SC
27,485
Population
11,966
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
93%
High-School Grad
53.6 sq mi
ZIP Area
513
Density / Sq Mi
$56,268
Median Household Income
$37,221
Median Earnings
$937
Median Rent
$207,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Remodeled office plus rear storage buildings and a laydown yard for trades and light industrial operations.
Where is this flex space located?
The property is located at 2063 Hwy 72l221 E Greenwood, SC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Remodeled office with a floor plan including waiting area, receptionist office, file room, break room, two offices, and a conference room; Two half baths in the office layout; Rear storage buildings include one 1,000 SF building with a roll‑up door and another 1,800 SF building with two roll‑up doors
