Freestanding Office
For Sale
$495,000
Pending
106 S Texas Avenue, Greenville, SC 29611
Mid-century design, private offices, natural light, and a flexible layout support professional occupancy.
Property Size2,384 SF
Lot Size0.57 Acres
Days on Market78
Property Features for 106 S Texas Avenue
General Information
Standard status
Pending
Size
2,384 SF
Total Parking Spaces
20
Lot size
0.57 Acres
Property subtype
Commercial
Zoning
OD
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Building Size
2,384 SF
Listing Agency:
Keller Williams DRIVE
Listed By:
Mark Foster · License #24102
(864) 275-1658
Source:
Yourupstateagents
Added: Jul 31
Changed: Oct 6
Last Checked: Oct 16 at 6:21AM
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 Keller Williams DRIVE
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Investment Insights
Based on property information with market context.
This freestanding office property combines mid-century architectural character with a practical professional layout. The 2,384-square-foot building includes an executive office with a private restroom, five additional private offices, reception and collaborative workspace, multiple restrooms, and a storage or supply room with short dock access. A glass entry, exposed wood details, terrazzo flooring, and abundant natural light add distinctive interior appeal. The property occupies a 0.57-acre corner parcel with approximately 20 on-site parking spaces.
Office District (OD) zoning supports professional office and commercial uses. The site is located along U.S. Highway 123, less than one mile from the Judson Mill District and approximately two miles from Downtown Greenville, the West End, Unity Park, Fluor Field, and the Bon Secours St. Francis Downtown campus. Its location also provides access to Easley, Clemson, Pickens County, and the greater Upstate.
Office District (OD) zoning supports professional office and commercial uses. The site is located along U.S. Highway 123, less than one mile from the Judson Mill District and approximately two miles from Downtown Greenville, the West End, Unity Park, Fluor Field, and the Bon Secours St. Francis Downtown campus. Its location also provides access to Easley, Clemson, Pickens County, and the greater Upstate.
Key Highlights
- 2,384‑square‑foot freestanding office building on a 0.57‑acre corner parcel
- Approximately 20 on‑site parking spaces
- Executive office with private restroom plus five additional private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,664
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,280
$733.3K
Cap Rate 7%
$523,771
$523.8K
Cap Rate 9%
$407,378
$407.4K
Market Conditions
NOI Build-Up for 2,384 SF
Gross rent
$54.9K $23.04/SF
− Vacancy
−$6.0K −$2.53/SF
EGI
$48.9K $20.51/SF
− OpEx
−$12.2K −$5.13/SF
NOI
$36.7K $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%
$733,280
Cap Rate 7%
$523,771
Cap Rate 9%
$407,378
Alternative Uses
Best Use
Office B
$523.8K
$458.3K – $611.1K
NOI $36,664 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$891.3K – $1.19M
NOI $71,301 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 29611, SC
32,413
Population
14,620
Households
2.2
Avg Household Size
36
Median Age
19%
College-Educated
78%
High-School Grad
23.9 sq mi
ZIP Area
1,356
Density / Sq Mi
$47,046
Median Household Income
$32,272
Median Earnings
$1,092
Median Rent
$163,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Greenville, SC
Frequently Asked Questions
What type of property is this?
Office building - Mid-century design, private offices, natural light, and a flexible layout support professional occupancy.
Where is this office building located?
The property is located at 106 S Texas Avenue Greenville, SC.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,384‑square‑foot freestanding office building on a 0.57‑acre corner parcel; Approximately 20 on‑site parking spaces; Executive office with private restroom plus five additional private offices
