Modular Office with
For Sale
$299,000
2454 E Hwy 72-221, Greenwood, SC 29649
COMMERCIAL - Greenwood, SC
Property Size1,516 SF
Lot Size3.19 Acres
Price / SF$197.23
Days on Market24
Property Features for 2454 E Hwy 72-221
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Subdivision
NOT IN SUBDIVIS
Standard status
Active
Size
1,516 SF
Lot size
3.19 Acres
Taxes and HOA fees
Tax Annual Amount
3483
Building Details
Year built
2018
Listing Agency:
RE/MAX ACTION REALTY · RE/MAX International
(864) 942-0021
Listed By:
Bubba Harvin · License #13033
(864) 992-9090
Added: Jul 10
Last Checked: Aug 2 at 6:06PM
MLS# 140193
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 sale property includes a modular office and a separate shop building on a 3.19-acre lot. The office is approximately 1,512 square feet and features a reception area, four offices, a break room, and two bathrooms. The shop is approximately 730 square feet and includes two roll-up doors, supported by a paved parking lot with 12 spaces and a handicap entrance.
The property is located on Hwy 72-221 E in Greenwood, SC, with the lot configured to support equipment storage in the yard.
With office space and a roll-up door shop on the same parcel, the site is well suited for service and contractor-style operations that require a functional workspace and on-site parking.
The property is located on Hwy 72-221 E in Greenwood, SC, with the lot configured to support equipment storage in the yard.
With office space and a roll-up door shop on the same parcel, the site is well suited for service and contractor-style operations that require a functional workspace and on-site parking.
Key Highlights
- 2018‑built modular office on a 3.2‑acre lot
- 1,512 SF modular office includes reception, 4 offices, break room, and 2 bathrooms
- 730 SF shop with two roll‑up doors
Financial Insights For Office B
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 | $40.8k | $26.88 |
| − Vacancy | −$6.3k | −$4.13 |
| EGI | $34.5k | $22.75 |
| − OpEx | −$8.6k | −$5.69 |
| NOI | $25.9k | $17.06 |
1,516 SF · lease $26.88/SF/yr · vacancy 15.36% · expense 25.00%
Alternative Uses
Best Use
Office B
$369.5K
$323.4K – $431.1K
NOI $25,868 @ 7.0% cap · market cap 8.65%
Second Best
Industrial
$127.6K
$111.6K – $148.8K
NOI $8,930 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$476.2K
$416.7K – $555.6K
NOI $33,336 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Modular office plus a shop with two roll-up doors on a paved, 12-space lot.
Where is this flex space located?
The property is located at 2454 E Hwy 72-221 Greenwood, SC.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2018‑built modular office on a 3.2‑acre lot; 1,512 SF modular office includes reception, 4 offices, break room, and 2 bathrooms; 730 SF shop with two roll‑up doors
