Finished Office Warehouse
For Sale
$1,700,000
165 South Hammett Road, Greer, SC 29651
Well-maintained finished office building with an efficient office/warehouse mix and two drive-in doors for light loading.
Property Size9,300 SF
Lot Size2.48 Acres
Price / SF$182.80
Days on Market160
Property Features for 165 South Hammett Road
General Information
Standard status
Active
Size
9,300 SF
Class
B
Lot size
2.48 Acres
Property subtype
Office
Additional Details
Highway Access
Yes
Drive-In Doors
2
Building Details
Building Size
9,300 SF
Listed By:
Edward Wilson, CCIM, SIOR, MCR
(803) 528-3574
Source:
Trinity-partners
Added: May 15
Changed: Oct 2
Last Checked: Oct 20 at 5:53PM
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 Edward Wilson, CCIM, SIOR, MCR
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Investment Insights
Based on property information with market context.
165 South Hammett Road is a finished office warehouse building in Greer, South Carolina, with an efficient layout designed for both office and light operational space. The building is approximately 90% office and 10% warehouse, and includes Class B office space totaling approximately 19,300 square feet. Two (2) drive-in doors measuring 9’ x 9” support convenient loading and operational flexibility for users needing limited storage or distribution.
The property is positioned on about 2.48 acres in Spartanburg County with direct access to major interstates including I-85, I-26, and I-385. It is also described as being near GSP International Airport and Inland Port Greer, and is located just off Highway 101.
For tenants or buyers seeking a functional office setup that also accommodates light warehouse use, this property combines a predominantly office configuration with dedicated warehouse access through the drive-in doors.
The property is positioned on about 2.48 acres in Spartanburg County with direct access to major interstates including I-85, I-26, and I-385. It is also described as being near GSP International Airport and Inland Port Greer, and is located just off Highway 101.
For tenants or buyers seeking a functional office setup that also accommodates light warehouse use, this property combines a predominantly office configuration with dedicated warehouse access through the drive-in doors.
Key Highlights
- Finished Class B office building in Greer, SC, with direct access to I‑85, I‑26, and I‑385
- Approximately 9,300 SF Class B office space with an efficient mix of 90% office and 10% warehouse
- Two 92" x 92" drive‑in doors for convenient loading and light storage/distribution
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,027
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,860,540
$2.9M
Cap Rate 7%
$2,043,243
$2.0M
Cap Rate 9%
$1,589,189
$1.6M
Market Conditions
NOI Build-Up for 9,300 SF
Gross rent
$214.3K $23.04/SF
− Vacancy
−$23.6K −$2.53/SF
EGI
$190.7K $20.51/SF
− OpEx
−$47.7K −$5.13/SF
NOI
$143.0K $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%
$2,860,540
Cap Rate 7%
$2,043,243
Cap Rate 9%
$1,589,189
Alternative Uses
Best Use
Office B
$2.04M
$1.79M – $2.38M
NOI $143,027 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.97M
$3.48M – $4.64M
NOI $278,147 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 29651, SC
50,778
Population
21,738
Households
2.3
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
89.6 sq mi
ZIP Area
567
Density / Sq Mi
$80,748
Median Household Income
$47,077
Median Earnings
$1,021
Median Rent
$264,200
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 South region
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained finished office building with an efficient office/warehouse mix and two drive-in doors for light loading.
Where is this office building located?
The property is located at 165 South Hammett Road Greer, SC.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Finished Class B office building in Greer, SC, with direct access to I‑85, I‑26, and I‑385; Approximately 9,300 SF Class B office space with an efficient mix of 90% office and 10% warehouse; Two 92" x 92" drive‑in doors for convenient loading and light storage/distribution
