Multi-Unit Flex
For Sale
$799,900
463 Calhoun, Greenwood, SC 29646
Commercial Sale, Greenwood, SC
Property Size6,000 SF
Lot Size0.47 Acres
Price / SF$133.32
Days on Market205
Property Features for 463 Calhoun
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GC
Subdivision
Greenwood 4W
Standard status
Active
Size
6,000 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Annual Amount
15351
Building Details
Year built
1989
Listing Agency:
Dangerfield Properties, LLC
(864) 683-7140
Listed By:
Kay Dangerfield
(864) 323-0550
Added: Mar 17
Changed: Sep 2
Last Checked: Oct 7 at 1:06AM
MLS# 139417
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 6,000-square-foot flex property at 463 Calhoun in Greenwood, South Carolina, was built in 1989 and is currently arranged as three units. The layout includes one 3,000-square-foot space alongside two 1,500-square-foot suites, supporting a range of commercial configurations. The property may also be reworked into four units, subject to applicable requirements.
The 0.47-acre site includes a recently resurfaced parking lot serving the building. GC zoning supports the stated commercial positioning, with potential applications across office, retail, and light industrial uses. Its existing multi-suite arrangement provides a defined physical configuration for an owner-user or investor evaluating flexible commercial occupancy.
The 0.47-acre site includes a recently resurfaced parking lot serving the building. GC zoning supports the stated commercial positioning, with potential applications across office, retail, and light industrial uses. Its existing multi-suite arrangement provides a defined physical configuration for an owner-user or investor evaluating flexible commercial occupancy.
Key Highlights
- 6,000 square feet of flex space on a 0.47‑acre site
- Currently configured as 3 units: one 3,000‑square‑foot space and two 1,500‑square‑foot units
- Potential reconfiguration into 4 units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,343
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,860
$706.9K
Cap Rate 7%
$504,900
$504.9K
Cap Rate 9%
$392,700
$392.7K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$54.0K $9.00/SF
− Vacancy
−$3.5K −$0.59/SF
EGI
$50.5K $8.42/SF
− OpEx
−$15.1K −$2.52/SF
NOI
$35.3K $5.89/SF
Area
Greenwood County, SC
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,860
Cap Rate 7%
$504,900
Cap Rate 9%
$392,700
Alternative Uses
Best Use
Industrial
$504.9K
$441.8K – $589.1K
NOI $35,343 @ 7.0% cap · market cap 4.42%
Second Best
Retail
$395.4K
$345.9K – $461.3K
NOI $27,675 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,938 @ 7.0% cap · market cap 16.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29646, SC
26,783
Population
12,316
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
84%
High-School Grad
101.4 sq mi
ZIP Area
264
Density / Sq Mi
$41,669
Median Household Income
$37,556
Median Earnings
$818
Median Rent
$130,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial 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 - GC-zoned commercial property with a resurfaced parking lot and adaptable office, retail, or light industrial configurations.
Where is this flex space located?
The property is located at 463 Calhoun Greenwood, SC.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 6,000 square feet of flex space on a 0.47‑acre site; Currently configured as 3 units: one 3,000‑square‑foot space and two 1,500‑square‑foot units; Potential reconfiguration into 4 units
