Office Building with Private
For Sale
$975,000
4200 E North St, Greenville, SC 29615
Office building with private parking in both front and rear areas, totaling approximately 25+ spaces.
Property Size3,300 SF
Days on Market180
Property Features for 4200 E North St
General Information
Standard status
Active
Size
3,300 SF
Total Parking Spaces
25
Property subtype
Office - Medical Office
Zoning
POD
Building Details
Building Size
3,300 SF
Listing Agency:
Spencer/Hines Properties
Listed By:
Brian Graybill · License ##116378
(864) 991-8077
Source:
Commercialcafe
Added: Apr 10
Changed: Sep 21
Last Checked: Oct 5 at 3:02PM
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 Spencer/Hines Properties
Investment Insights
Based on property information with market context.
The property is an office building offered for sale with private parking in both the front and rear of the building, providing approximately 25+ parking spaces. It also includes a POD portion of tax map 0541.02-01-016.00.
Located at 4200 East North Street in Greenville, SC, the building sits across from Mitchell Road Elementary School. The property is described as zoned Greenville County.
The site configuration supports straightforward vehicle access with dedicated front and rear parking areas for day-to-day office use.
Located at 4200 East North Street in Greenville, SC, the building sits across from Mitchell Road Elementary School. The property is described as zoned Greenville County.
The site configuration supports straightforward vehicle access with dedicated front and rear parking areas for day-to-day office use.
Key Highlights
- Private parking in front and rear of building, totaling approximately 25+ spaces
- Office building with private parking access on both front and rear areas
- Located across from Mitchell Road Elementary School
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,751
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,020
$1.0M
Cap Rate 7%
$725,014
$725.0K
Cap Rate 9%
$563,900
$563.9K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$76.0K $23.04/SF
− Vacancy
−$8.4K −$2.53/SF
EGI
$67.7K $20.51/SF
− OpEx
−$16.9K −$5.13/SF
NOI
$50.8K $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%
$1,015,020
Cap Rate 7%
$725,014
Cap Rate 9%
$563,900
Alternative Uses
Best Use
Office B
$725.0K
$634.4K – $845.9K
NOI $50,751 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,697 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Explore this area
Business Placement
Demographics for 29615, SC
38,684
Population
19,687
Households
2
Avg Household Size
40
Median Age
52%
College-Educated
96%
High-School Grad
19.2 sq mi
ZIP Area
2,015
Density / Sq Mi
$74,200
Median Household Income
$44,960
Median Earnings
$1,203
Median Rent
$348,600
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
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Frequently Asked Questions
What type of property is this?
Office building - Office building with private parking in both front and rear areas, totaling approximately 25+ spaces.
Where is this office building located?
The property is located at 4200 E North St Greenville, SC.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Private parking in front and rear of building, totaling approximately 25+ spaces; Office building with private parking access on both front and rear areas; Located across from Mitchell Road Elementary School
