Freestanding Office
For Sale
Under Contract
$495,000
106 S Texas Avenue, Greenville, SC 29611
Lots/Land, Greenville, SC
Property Size2,384 SF
Lot Size0.57 Acres
Price / SF$207.63
Days on Market92
Property Features for 106 S Texas Avenue
General Information
Property type
Land
Property subtype
Other
Lot features
Corner, Business District
Elementary school
Hollis
Middle school
Tanglewood
High school
Carolina
Subdivision
074
Standard status
Active Under Contract
APN
0228000300506
Lot size
0.57 Acres
Utilities
Water source
Public
Listing Agency:
Keller Williams DRIVE · Keller Williams Realty
(864) 900-2963
Listed By:
Mark Foster · License #24102
(864) 275-1658
Added: Jul 31
Changed: Oct 18
Last Checked: Oct 30 at 4:06PM
MLS# 1599331
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 building at 106 S Texas Avenue combines mid-century design with a practical professional layout. The 2,384 square foot property includes an executive office with 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 floors, and abundant natural light are among the building’s notable physical features.
The property occupies a 0.57-acre corner parcel with approximately 20 on-site parking spaces. It 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 Bon Secours St. Francis Downtown campus. Office District (OD) zoning supports professional office and commercial uses, while public water serves the property.
The property occupies a 0.57-acre corner parcel with approximately 20 on-site parking spaces. It 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 Bon Secours St. Francis Downtown campus. Office District (OD) zoning supports professional office and commercial uses, while public water serves the property.
Key Highlights
- 2,384 square foot freestanding office building
- 0.57‑acre corner parcel with 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.
How Realmo checks its estimates
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 - Mid-century 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; 0.57‑acre corner parcel with approximately 20 on‑site parking spaces; Executive office with private restroom plus five additional private offices
