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Retail Property in Boiling Springs
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140 Schoolyard Rd, Boiling Springs, SC

Retail property available for sale in Boiling Springs, SC.

Property Size1,556 SF
Lot Size0.57 Acres
Price / SF$192.80
Days on Market380

Property Features for 140 Schoolyard Rd

General Information

Standard status Active
Size 1,556 SF
Lot size 0.57 Acres
Property subtype RETAIL
Listing Agency: McDaniel and Company
Listed By: Emma McDaniel · License #19274
Source: Moodyscre
Added: Jul 16, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:18AM

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 McDaniel and Company

Investment Insights

Based on property information with market context.

A retail property with 1,556 square feet of space is available for sale. The property is located at 140 Schoolyard Rd, Boiling Springs, SC.

Key Highlights

  • Retail property available for sale.
  • Located in Boiling Springs, SC.
  • Property is for sale.

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 $28.0k $18.00
− Vacancy −$2.4k −$1.57
EGI $25.6k $16.43
− OpEx −$7.7k −$4.93
NOI $17.9k $11.50
1,556 SF · lease $18.00/SF/yr · vacancy 8.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$255.7K
$223.8K – $298.3K (±1% cap)
NOI $17,900 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,557 @ 7.0% cap · market cap 28.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Kitchen & Bath Showroom Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby
557k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Superstores 34% Shops & Services 18% Groceries 4%
Walmart Superstores
105,866 visits/mo 0.5 miles
Target Superstores
83,687 visits/mo 0.3 miles
Chick-fil-A Dining
40,882 visits/mo 0.3 miles
QuikTrip Shops & Services
29,424 visits/mo 0.3 miles
McDonald's Dining
24,514 visits/mo 0.3 miles

Market

Properties on Market for Retail properties & Spaces in Boiling Springs

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Retail property available for sale in Boiling Springs, SC.
Where is this retail property located?
The property is located at 140 Schoolyard Rd Boiling Springs, SC.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Retail property available for sale.; Located in Boiling Springs, SC.; Property is for sale.
(864) 580-1131 Call to check price and availability
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