Office Building Under
For Sale
$525,000
180 John B White Sr Boulevard, Spartanburg, SC 29306
COMMERCIAL/INDUSTRIAL, Spartanburg, SC
Property Size3,400 SF
Lot Size0.23 Acres
Price / SF$197.07
Days on Market95
Property Features for 180 John B White Sr Boulevard
General Information
Property type
Residential
Property subtype
Office
Lot features
Corner
Directions
From I-26 East take Exit 21B onto Us-29 North; in 11 miles turn right onto SC-296 (John B. White Sr. Blvd);Destination will be on the right in 0.2 miles.
Subdivision
Spartanburg
Standard status
Active
Size
2,664 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
416
Utilities
Cooling system
Central Air
Water source
Public
Listing Agency:
Keller Williams Realty
(864) 574-6000
Listed By:
Svetlana Divinets
(864) 359-6659
Added: Jul 17
Changed: Oct 7
Last Checked: Oct 19 at 8:06PM
MLS# 339651
Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This office building at 180 John B. White Sr Boulevard is undergoing interior renovation. The property includes a flexible commercial layout, paved parking, central air, and public water service. Its approximately 0.23-acre site provides road frontage along the corridor.
The property is located in Spartanburg near major highways, retail, restaurants, and other commercial development. The setting provides direct access to John B. White Sr Boulevard and exposure along a heavily traveled commercial route.
The property is located in Spartanburg near major highways, retail, restaurants, and other commercial development. The setting provides direct access to John B. White Sr Boulevard and exposure along a heavily traveled commercial route.
Key Highlights
- Interior renovation currently underway
- Approximately 0.23‑acre site
- Paved parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,180
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,600
$823.6K
Cap Rate 7%
$588,286
$588.3K
Cap Rate 9%
$457,556
$457.6K
Market Conditions
NOI Build-Up for 2,664 SF
Gross rent
$64.3K $24.12/SF
− Vacancy
−$9.3K −$3.51/SF
EGI
$54.9K $20.61/SF
− OpEx
−$13.7K −$5.15/SF
NOI
$41.2K $15.46/SF
Area
Spartanburg County, SC
Vacancy
14.55%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,600
Cap Rate 7%
$588,286
Cap Rate 9%
$457,556
Alternative Uses
Best Use
Office B
$588.3K
$514.8K – $686.3K
NOI $41,180 @ 7.0% cap · market cap 7.84%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.07M
$1.81M – $2.41M
NOI $144,769 @ 7.0% cap · market cap 27.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
905
Businesses Nearby
Explore this area
Business Placement
Demographics for 29306, SC
16,822
Population
7,618
Households
2.2
Avg Household Size
36
Median Age
21%
College-Educated
83%
High-School Grad
19.5 sq mi
ZIP Area
863
Density / Sq Mi
$38,858
Median Household Income
$30,629
Median Earnings
$913
Median Rent
$159,100
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 - Flexible commercial layout with paved parking, central air, and public water service.
Where is this office building located?
The property is located at 180 John B White Sr Boulevard Spartanburg, SC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Interior renovation currently underway; Approximately 0.23‑acre site; Paved parking included
