Two-Building Retail
1219 NE ByPass 72 Greenwood, SC 29649
For Sale
$949,000
COMMERCIAL - Greenwood, SC
Property Size8,420 SF
Lot Size2.32 Acres
Price / SF$112.71
Days on Market47
Property Features for 1219 NE ByPass 72
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GC
Standard status
Active
Size
8,420 SF
Lot size
2.32 Acres
Taxes and HOA fees
Tax Annual Amount
17016
Building Details
Year built
1986
Listing Agency:
Susan Long Realty, LLC
(864) 992-8987
Listed By:
Susan Long · License #17925
(864) 992-8987
Added: Jun 13
Changed: Jul 25
Last Checked: Jul 29 at 8:06PM
MLS# 140025
Copyright © 2026 Greenwood 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.
This for-sale retail property includes two prominent retail buildings and is currently 100% occupied. The site totals approximately 2.32 acres and is improved with a combined property size of 8,420 square feet, offering space for existing operations and potential reconfiguration as needs change.
The property is located at 1219 NE ByPass 72 in Greenwood, SC. The listing also notes an additional lot, providing extra land for future development.
Zoned GC, the property’s current income occupancy combined with the expanded land footprint may appeal to buyers seeking a multi-building retail setup with room to plan for what’s next.
The property is located at 1219 NE ByPass 72 in Greenwood, SC. The listing also notes an additional lot, providing extra land for future development.
Zoned GC, the property’s current income occupancy combined with the expanded land footprint may appeal to buyers seeking a multi-building retail setup with room to plan for what’s next.
Key Highlights
- Two retail buildings at 1219 Bypass 72 NE in Greenwood, SC
- 2.36‑acre lot for commercial uses, expansion, or customized development
- 100% occupied retail space
Financial Insights For Retail
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 | $85.9k | $10.20 |
| − Vacancy | −$30.4k | −$3.61 |
| EGI | $55.5k | $6.59 |
| − OpEx | −$16.6k | −$1.98 |
| NOI | $38.8k | $4.61 |
8,420 SF · lease $10.20/SF/yr · vacancy 35.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$554.8K
$485.5K – $647.3K
NOI $38,837 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.65M
$2.31M – $3.09M
NOI $185,153 @ 7.0% cap · market cap 19.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Unique Designs — 1424 Bypass 25 NE Suite CB, Greenwood, SC 29649
Frequently Asked Questions
What type of property is this?
Storefront property - Two retail buildings on a GC-zoned site with 100% occupancy and additional development lot.
Where is this storefront property located?
The property is located at 1219 NE ByPass 72 Greenwood, SC.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Two retail buildings at 1219 Bypass 72 NE in Greenwood, SC; 2.36‑acre lot for commercial uses, expansion, or customized development; 100% occupied retail space
