Versatile Commercial Property For
For Sale
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1306 NE Main St, Simpsonville, SC 29861
Adaptable commercial space with high visibility and convenient highway access.
Property Size2,200 SF
Price / SF$329.55
Days on Market681
Property Features for 1306 NE Main St
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Office, Retail
Building Details
Year Built
1970
Listing Agency:
Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS Commercial
(361) 537-9069
Listed By:
Andy Cox · License #SC 113803
Source:
Crexi
Added: Sep 18, 2024
Changed: Jul 6
Last Checked: Jul 30 at 4:17AM
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 Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS Commercial
Investment Insights
Based on property information with market context.
This commercial property offers a versatile floor plan suitable for various business or retail ventures. Its location provides high visibility and convenient access to I-385. The property's layout and location make it potentially suitable for a health and wellness center, a boutique, or other types of businesses. The property size is 2200 square feet.
Key Highlights
- High visibility location
- Proximity to I‑385
- Versatile floor plan
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 | $50.7k | $23.04 |
| − Vacancy | −$5.6k | −$2.53 |
| EGI | $45.1k | $20.51 |
| − OpEx | −$11.3k | −$5.13 |
| NOI | $33.8k | $15.38 |
2,200 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$483.3K
$422.9K – $563.9K
NOI $33,834 @ 7.0% cap · market cap 4.67%
Second Best
Retail
$465.7K
$407.5K – $543.4K
NOI $32,601 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$940.0K
$822.5K – $1.10M
NOI $65,798 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Office Spaces in Simpsonville
Vacancy Rate% for Office in South region
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 space - Adaptable commercial space with high visibility and convenient highway access.
Where is this office space located?
The property is located at 1306 NE Main St Simpsonville, SC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: High visibility location; Proximity to I‑385; Versatile floor plan
