Finished Office Warehouse
165 South Hammett Road Greer, SC 29651
165 South Hammett Road, Greer, SC, 29651
$1,700,000
For Sale
$1,700,000
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 Market68
Property Features for 165 South Hammett Road
General Information
- Standard status
- Active
- Size
- 9,300 SF
- Lot size
- 2.48 Acres
- Property subtype
- Office - General Office
Listing agency
Trinity Partners
(864) 554-4954
Listed by
Edward Wilson · License #SC 81471
Source
Commercialcafe
Added: May 15 Updated: Jul 21 at 3:09AM Checked: Jul 21 at 3:09AM
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 Trinity Partners
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
Local 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 | $214.3k | $23.04 |
| − Vacancy | −$23.6k | −$2.53 |
| EGI | $190.7k | $20.51 |
| − OpEx | −$47.7k | −$5.13 |
| NOI | $143.0k | $15.38 |
9,300 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.04M
$1.79M – $2.38M
NOI $143,027 @ 7.0% cap · market cap 8.41%
Second Best
Warehouse
$621.7K
$544.0K – $725.3K
NOI $43,518 @ 7.0% cap · market cap 2.56%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Palmetto Air & Water ...
Hardware & Home Improvement
Commissioning Consultants
Building Consultant
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FAQs
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
