Freestanding Office
For Sale
Under Contract
$495,000
106 S Texas Avenue, Greenville, SC 29611
Commercial/Industrial, Greenville, SC
Property Size2,384 SF
Lot Size0.57 Acres
Price / SF$207.63
Days on Market94
Property Features for 106 S Texas Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning
O-D
Subdivision
074
Standard status
Active Under Contract
APN
0228000300506
Lot size
0.57 Acres
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Flooring type
Concrete
Building materials
Block, Brick
Roof type
Built-Up
Listing Agency:
Keller Williams DRIVE · Keller Williams Realty
(864) 900-2963
Listed By:
Mark Foster · License #24102
(864) 275-1658
Added: Jul 29
Changed: Sep 20
Last Checked: Oct 30 at 4:06PM
MLS# 1599176
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.
This freestanding office property occupies a 0.57-acre corner parcel and contains 2,384 square feet of office space. The layout 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 substantial natural light contribute to the building’s mid-century character. The property includes approximately 20 on-site parking spaces and was originally developed for Duke Power.
The building is located along U.S. Highway 123, less than one mile from the Judson Mill District and within approximately two miles of Downtown Greenville, the West End, Unity Park, Fluor Field, and the Bon Secours St. Francis Downtown campus. O-D zoning supports professional office and commercial uses. Public water serves the property, which is positioned to provide access toward Easley, Clemson, Pickens County, and the broader Upstate.
The building is located along U.S. Highway 123, less than one mile from the Judson Mill District and within approximately two miles of Downtown Greenville, the West End, Unity Park, Fluor Field, and the Bon Secours St. Francis Downtown campus. O-D zoning supports professional office and commercial uses. Public water serves the property, which is positioned to provide access toward Easley, Clemson, Pickens County, and the broader Upstate.
Key Highlights
- 2,384‑square‑foot freestanding office building on a 0.57‑acre corner parcel
- Executive office with private restroom plus five additional private offices
- Approximately 20 on‑site parking spaces
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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Property Analytics
Who owns this building?
See the owner, sales and loan history
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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 - Owner-user or investment office property with private offices, reception space, natural light, and short dock access.
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; Executive office with private restroom plus five additional private offices; Approximately 20 on‑site parking spaces
