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Freestanding Office Building on Corner Lot
New
For Sale
$495,000

106 S Texas Avenue, Greenville, SC 29611

LAND - Greenville, SC

Property Size2,384 SF
Lot Size0.57 Acres
Price / SF$207.63
Days on Market1

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
APN 0228000300506
Lot size 0.57 Acres

Utilities

Water source Public

Amenities

reception area
collaborative workspace
storage/supply room
short dock access
Listing Agency: Keller Williams DRIVE · Keller Williams Realty
Listed By: Mark Foster
Added: Jul 31 Last Checked: Jul 31 at 6:06PM
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.

Investment Insights

Based on property information with market context.

Freestanding office building on a prominent 0.57-acre corner parcel, featuring distinctive mid-century architectural details such as a dramatic glass entrance, exposed wood detailing, and terrazzo flooring. The 2,384-square-foot building includes an executive office with a private restroom, five additional private offices, a reception area with collaborative workspace, multiple restrooms, and a storage/supply room with short dock access. Abundant natural light supports the interior layout, and the property provides approximately 20 on-site parking spaces.

Located along U.S. Highway 123, the property offers regional accessibility to Downtown Greenville while serving expanding markets including Easley, Clemson, Pickens County, and the greater Upstate. The site is less than one mile from the historic 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.

Office District (OD) zoning in Greenville County supports a broad range of professional office and commercial uses, and the surrounding area includes neighboring C-2 commercial and residential development, providing flexibility for owner-users and investors.

Key Highlights

  • 0.57‑acre corner parcel with approximately 20 on‑site parking spaces
  • 2,384‑square‑foot freestanding office building with reception, offices, and multiple restrooms
  • Executive office with private restroom plus five additional private offices

Financial Insights For Office B

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 $54.9k $23.04
− Vacancy −$6.0k −$2.53
EGI $48.9k $20.51
− OpEx −$12.2k −$5.13
NOI $36.7k $15.38
2,384 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$523.8K
$458.3K – $611.1K (±1% cap)
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 (±1% cap)
NOI $71,301 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

M L Garrett ... Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Skin Care Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

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

Market

Vacancy Rate% for Office in Greenville, SC

6% 2019
10.3% 2020
10.8% 2021
10.7% 2022
11.7% 2023
11% 2024
9.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Freestanding office building with Office District (OD) zoning and public water service on a prominent corner parcel.
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: 0.57‑acre corner parcel with approximately 20 on‑site parking spaces; 2,384‑square‑foot freestanding office building with reception, offices, and multiple restrooms; Executive office with private restroom plus five additional private offices
More about this property
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