Office Property with Great
103 Mimosa Drive, Greer, SC 29650
For Sale
$435,000
Commercial/Industrial, Greer, SC
Property Size1,800 SF
Lot Size0.64 Acres
Price / SF$241.67
Days on Market47
Property Features for 103 Mimosa Drive
General Information
Property type
Property subtype
Subdivision
Standard status
APN
Lot size
Additional Details
Property Use
Utilities
Heating system
Water source
Amenities
updated full bath
kitchen with full appliance package
fireplace
screened porch
brick patio
outdoor fireplace
mature grounds
Building Details
Flooring type
Building materials
Roof type
Listing Agency:
Keller Williams Grv Upst · Keller Williams Realty
(864) 234-7500
Listed By:
Zach Brinson · License SC #106615
(864) 915-2946
Added: Sep 25
Changed: Oct 27
Last Checked: Nov 10 at 10:06AM
MLS# 1604991
Copyright © 2026 Greater Greenville 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.
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Investment Insights
Based on property information with market context.
Configured as a converted residence, the property has approximately 1,800 square feet across multiple rooms that can accommodate office or meeting functions. Wood and tile flooring run through the interior, which also includes an updated full bath and a kitchen with appliances. The 26' x 17' great room features exposed beams and a fireplace. A screened porch connects directly to the driveway, while a brick patio has an outdoor fireplace. The grounds extend across 0.64 acres and include on-site parking.
The property is at 103 Mimosa Drive in Greer, between Downtown Greer and Wade Hampton Boulevard. A commercial or Office Professional zoning change may be possible; buyers should confirm zoning, permitted uses, and requirements with the governing authority.
The property is at 103 Mimosa Drive in Greer, between Downtown Greer and Wade Hampton Boulevard. A commercial or Office Professional zoning change may be possible; buyers should confirm zoning, permitted uses, and requirements with the governing authority.
Key Highlights
- Approximately 1,800 square feet on 0.64 acres
- 26' x 17' great room with exposed beams and fireplace
- Multiple interior rooms, updated full bath, and kitchen with a full appliance package
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,683
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,660
$553.7K
Cap Rate 7%
$395,471
$395.5K
Cap Rate 9%
$307,589
$307.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$41.5K $23.04/SF
− Vacancy
−$4.6K −$2.53/SF
EGI
$36.9K $20.51/SF
− OpEx
−$9.2K −$5.13/SF
NOI
$27.7K $15.38/SF
Area
Greenville County, SC
Vacancy
11.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,660
Cap Rate 7%
$395,471
Cap Rate 9%
$307,589
Alternative Uses
Best Use
Office B
$395.5K
$346.0K – $461.4K
NOI $27,683 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$769.1K
$672.9K – $897.3K
NOI $53,835 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
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Business Placement
Demographics for 29650, SC
38,721
Population
17,048
Households
2.3
Avg Household Size
39
Median Age
51%
College-Educated
94%
High-School Grad
18.0 sq mi
ZIP Area
2,151
Density / Sq Mi
$91,640
Median Household Income
$49,567
Median Earnings
$1,344
Median Rent
$332,300
Median Home Value
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Market
Properties on Market for Office Units in Greenville County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A converted residence offers multiple rooms, on-site parking, and a screened porch with driveway access.
Where is this office unit located?
The property is located at 103 Mimosa Drive Greer, SC.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Approximately 1,800 square feet on 0.64 acres; 26' x 17' great room with exposed beams and fireplace; Multiple interior rooms, updated full bath, and kitchen with a full appliance package
