Single-Story Office Flex
127 Tanner Rd Greenville, SC 29607
For Sale
Contact for pricing
Single-story office/flex building with climate-controlled warehouse and covered loading dock.
Property Size31,835 SF
Lot Size3.29 Acres
Price / SF$188.47
Days on Market322
Property Features for 127 Tanner Rd
General Information
Standard status
Active
Size
31,835 SF
Lot size
3.29 Acres
Property subtype
OFFICE
Listing Agency:
Reedy Commercial
(864) 201-2221
Listed By:
Chandler Ayers · License #104450
Source:
Moodyscre
Added: Sep 11, 2025
Changed: Jul 28
Last Checked: Jul 29 at 2:31PM
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 Reedy Commercial
Investment Insights
Based on property information with market context.
Single-story office/flex building totaling 31,835 SF, including 21,647 SF of office and 7,164 SF of warehouse space. The office portion features 48+ private offices, two large bullpen areas, and multiple conference rooms. Warehouse operations include climate-controlled space and a covered loading dock with two dock spaces plus two drive-in doors. A detached shop building of 3,024 SF rounds out the improvements.
The property sits on 3.29 acres at 127 Tanner Rd in Greenville, SC, with ample on-site parking (109 spaces).
Zoned S-1, the site is configured to support a combination of office and light industrial/warehouse use within a single, efficient footprint.
The property sits on 3.29 acres at 127 Tanner Rd in Greenville, SC, with ample on-site parking (109 spaces).
Zoned S-1, the site is configured to support a combination of office and light industrial/warehouse use within a single, efficient footprint.
Key Highlights
- Single‑story office/flex building totaling 31,835 SF on 3.29 acres
- Includes 21,647 SF office space with 48+ private offices and 2 large bullpen areas
- Multiple large conference rooms plus 7,164 SF warehouse space with climate‑controlled interior
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 | $733.5k | $23.04 |
| − Vacancy | −$80.7k | −$2.53 |
| EGI | $652.8k | $20.51 |
| − OpEx | −$163.2k | −$5.13 |
| NOI | $489.6k | $15.38 |
31,835 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.99M
$6.12M – $8.16M
NOI $489,597 @ 7.0% cap · market cap 8.16%
Second Best
Warehouse
$2.13M
$1.86M – $2.48M
NOI $148,968 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$13.60M
$11.90M – $15.87M
NOI $952,130 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Lazy Chicken — 1099 E Butler Rd, Greenville, SC 29607
- Upstate Catering Company — 1757 Woodruff Rd, Greenville, SC 29615
- Sabroso Mexican Grille — 1860 Woodruff Rd suite h, Greenville, SC 29607
Frequently Asked Questions
What type of property is this?
Flex space - Single-story office/flex building with climate-controlled warehouse and covered loading dock.
Where is this flex space located?
The property is located at 127 Tanner Rd Greenville, SC.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Single‑story office/flex building totaling 31,835 SF on 3.29 acres; Includes 21,647 SF office space with 48+ private offices and 2 large bullpen areas; Multiple large conference rooms plus 7,164 SF warehouse space with climate‑controlled interior
