Office Building Near Signalized
2091 Locust Hill Rd, Greer, SC 29651
For Sale
Contact for pricing
Office building positioned near a lighted intersection with access from Locust Hill Road and N. Rutherford Road.
Property Size1,660 SF
Price / SF$271.08
Days on Market100
Property Features for 2091 Locust Hill Rd
General Information
Standard status
Size
Property subtype
Listing Agency:
Joyner Commercial
(864) 233-7724
Listed By:
Tim Allender · License SC #55025
(864) 884-2198
Source:
Moodyscre
Added: Aug 3
Changed: Oct 26
Last Checked: Nov 8 at 6:27AM
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 Joyner Commercial
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Investment Insights
Based on property information with market context.
This 1,660-square-foot office building is located at 2091 Locust Hill Rd in Greer, South Carolina. The property is positioned just off the lighted intersection of Locust Hill Road and N. Rutherford Road, providing a clearly defined location for office use.
Its placement within Greenville County provides access to a recognized commercial corridor, while the nearby signalized intersection supports straightforward connections between the two roads. The property is offered for sale.
Its placement within Greenville County provides access to a recognized commercial corridor, while the nearby signalized intersection supports straightforward connections between the two roads. The property is offered for sale.
Key Highlights
- 1,660‑square‑foot office building
- Located at 2091 Locust Hill Rd, Greer, SC 29651
- Positioned just off the lighted intersection of Locust Hill Rd and N. Rutherford Rd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,529
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,580
$510.6K
Cap Rate 7%
$364,700
$364.7K
Cap Rate 9%
$283,656
$283.7K
Market Conditions
NOI Build-Up for 1,660 SF
Gross rent
$38.2K $23.04/SF
− Vacancy
−$4.2K −$2.53/SF
EGI
$34.0K $20.51/SF
− OpEx
−$8.5K −$5.13/SF
NOI
$25.5K $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%
$510,580
Cap Rate 7%
$364,700
Cap Rate 9%
$283,656
Alternative Uses
Best Use
Office B
$364.7K
$319.1K – $425.5K
NOI $25,529 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$709.3K
$620.6K – $827.5K
NOI $49,648 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
78
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
Properties on Market for Office buildings in Greenville County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office building positioned near a lighted intersection with access from Locust Hill Road and N. Rutherford Road.
Where is this office building located?
The property is located at 2091 Locust Hill Rd Greer, SC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,660‑square‑foot office building; Located at 2091 Locust Hill Rd, Greer, SC 29651; Positioned just off the lighted intersection of Locust Hill Rd and N. Rutherford Rd
