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1037 Taylors Creek Dr, Greenville, NC, 27834
Flex Warehouse with Laydown Yard

1037 Taylors Creek Dr Greenville, NC 27834

For Sale
Contact for pricing
Pending

Clear-span warehouse includes multiple overhead doors, built-in office space, and a security-fenced laydown yard on 3.79 acres.

Property Size15,000 SF
Lot Size3.79 Acres
Days on Market156

Property Features for 1037 Taylors Creek Dr

General Information

Standard status Pending
Size 15,000 SF
Lot size 3.79 Acres
Property subtype INDUSTRIAL
Listing Agency: Mullarkey Real Estate Group
Listed By: Justin Mullarkey · License #225875
Source: Moodyscre
Added: Feb 24 Changed: Jul 26 Last Checked: Jul 29 at 2:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mullarkey Real Estate Group

Investment Insights

Based on property information with market context.

The property at 1037–1057 Taylors Creek Drive is a flexible industrial facility offering approximately 15,000 square feet of clear-span warehouse space. The warehouse includes three overhead doors—one 10’ x 10’ and two 12’ x 23’—and is supported by approximately 650 square feet of built-in office space, with an optional onsite office trailer.

The site totals 3.79 acres and features a 1.36-acre, security-fenced, crushed-gravel laydown yard suited for outdoor storage or equipment staging. The property is positioned within Greenville’s established Taylors Creek industrial corridor, with access near US-13 and the Greenville Bypass.

This configuration combines warehouse space, functional overhead access, and dedicated yard area, supporting operations that require both indoor warehousing and outdoor material handling.

Key Highlights

  • Approximately 115,000 SF clear‑span warehouse with three overhead doors: one 10'×10' and two 12'×23'
  • Includes about 650 SF built‑in office space, plus an optional on‑site office trailer
  • 3.79‑acre property with a 1.36‑acre security‑fenced, crushed‑gravel laydown yard for outdoor storage or staging

Financial Insights For Flex RnD

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 $210.6k $14.04
− Vacancy −$14.3k −$0.95
EGI $196.3k $13.09
− OpEx −$68.7k −$4.58
NOI $127.6k $8.51
15,000 SF · lease $14.04/SF/yr · vacancy 6.80% · expense 35.00%

Alternative Uses

Best Use
Office B
$2.31M
$2.02M – $2.69M (±1% cap)
NOI $161,494 @ 7.0% cap · market cap 9.94%
Second Best
Flex RnD
$1.82M
$1.59M – $2.13M (±1% cap)
NOI $127,581 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M (±1% cap)
NOI $228,571 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Colonial Materials Big Box & Wholesale Store Drewit Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Electrical Service Grocery & Convenience Store Spa & Massage Center Law Firm Storage Facility

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Flex space - Clear-span warehouse includes multiple overhead doors, built-in office space, and a security-fenced laydown yard on 3.79 acres.
Where is this flex space located?
The property is located at 1037 Taylors Creek Dr Greenville, NC.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Approximately 115,000 SF clear‑span warehouse with three overhead doors: one 10'×10' and two 12'×23'; Includes about 650 SF built‑in office space, plus an optional on‑site office trailer; 3.79‑acre property with a 1.36‑acre security‑fenced, crushed‑gravel laydown yard for outdoor storage or staging
(252) 347-1287 Call to check price and availability
More about this property
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