Light Industrial Flex
For Sale
$295,000
1224 W Deadfall Rd, Greenwood, SC 29646
Metal building combines shop, covered storage, office, and restroom improvements.
Property Size2,004 SF
Lot Size4.50 Acres
Price / SF$122.92
Days on Market51
Property Features for 1224 W Deadfall Rd
General Information
Standard status
Active
Size
2,004 SF
Lot size
4.50 Acres
Property subtype
Commercial
Zoning
Light Industrial
Amenities
4.5 acres, Cleared
Metal
Annual Amount: $878, Zoning: I-1
Carpet, Concrete, Office Area
Central Air, Electric, Office Only
Electric, Office Only
Listing ID: 140560, Standard Status: Active, MLS Status: Active, Property Subtype: Commercial, 6 days on market
Off Site
Built in 2004, Living area: 2400, Living area units: Square Feet, Levels: One, Construction Materials: Metal Siding
Subdivision: NOT IN SUBDIVIS, MLS Area (Major): Greenwood 1N, County/Parish: Greenwood
Natural Gas Connected, Water Available, Water Source: Well
Ceiling 11 to 15 Feet, Storage
Security System
Building Details
Building Size
2,004 SF
Year Built
2004
Buildings
1
Construction
metal building
Listing Agency:
RE/MAX ACTION REALTY
(864) 942-0021
Listed By:
Bubba Harvin · License #13033
(864) 992-9090
Source:
Blackstreaminternational
Added: Sep 14
Changed: Nov 1
Last Checked: Nov 3 at 6:34AM
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 RE/MAX ACTION REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 1224 W Deadfall Rd in Greenwood, SC, this 2,400-square-foot flex property occupies 4.5 acres and includes a 2004 metal building. The layout brings together shop space, a covered work or storage area, restroom facilities, and heated and cooled office space. Two 14-foot roll-up doors support access for larger vehicles, equipment, or materials.
Light Industrial zoning supports the property’s stated range of trade, service, maintenance, equipment, and storage applications. The acreage provides outdoor space for vehicle, trailer, or equipment storage, with additional room for operational use or future expansion. The combination of enclosed shop area, offices, covered space, and substantial land creates a practical base for businesses requiring both indoor and outdoor functionality.
Light Industrial zoning supports the property’s stated range of trade, service, maintenance, equipment, and storage applications. The acreage provides outdoor space for vehicle, trailer, or equipment storage, with additional room for operational use or future expansion. The combination of enclosed shop area, offices, covered space, and substantial land creates a practical base for businesses requiring both indoor and outdoor functionality.
Key Highlights
- 4.5‑acre Light Industrial property at 1224 W Deadfall Rd, Greenwood, SC 29646
- 2,400‑square‑foot metal building constructed in 2004
- Two 14‑foot roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,167
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,340
$343.3K
Cap Rate 7%
$245,243
$245.2K
Cap Rate 9%
$190,744
$190.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$21.6K $9.00/SF
− Vacancy
−$1.4K −$0.59/SF
EGI
$20.2K $8.42/SF
− OpEx
−$3.0K −$1.26/SF
NOI
$17.2K $7.15/SF
Area
Greenwood County, SC
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,340
Cap Rate 7%
$245,243
Cap Rate 9%
$190,744
Alternative Uses
Best Use
Warehouse
$245.2K
$214.6K – $286.1K
NOI $17,167 @ 7.0% cap · market cap 5.82%
Second Best
Industrial
$202.0K
$176.7K – $235.6K
NOI $14,137 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$753.9K
$659.7K – $879.6K
NOI $52,775 @ 7.0% cap · market cap 17.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29646, SC
26,783
Population
12,316
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
84%
High-School Grad
101.4 sq mi
ZIP Area
264
Density / Sq Mi
$41,669
Median Household Income
$37,556
Median Earnings
$818
Median Rent
$130,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Metal building combines shop, covered storage, office, and restroom improvements.
Where is this flex space located?
The property is located at 1224 W Deadfall Rd Greenwood, SC.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 4.5‑acre Light Industrial property at 1224 W Deadfall Rd, Greenwood, SC 29646; 2,400‑square‑foot metal building constructed in 2004; Two 14‑foot roll‑up doors
