Modular Office with Shop

2454 E Hwy 72-221 Greenwood, SC 29649

Claim this Listing
New
For Sale
$299,000

COMMERCIAL - Greenwood, SC

Property size:
1,516 SF
Lot size:
3.19 Acres
Price / SF:
$197/SF
Added:
Jul 10, 2026
Days on Market:
2
Last Refresh:
Jul 11 at 1:06 am

Property Features for 2454 E Hwy 72-221

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Standard status
Active
Size
1,516 SF
Lot size
3.19 Acres

Taxes and HOA fees

Tax Annual Amount
3483

Building Details

Year built
2018

Listing agent Bubba Harvin License #13033

Listing office RE/MAX ACTION REALTY 500-B Montague Ave, Greenwood, SC

Listing date Jul 10, 2026

MLS# 140193

Copyright © 2026 Greenwood Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This sale property includes a modular office and a separate shop building on a 3.19-acre lot. The office is approximately 1,512 square feet and features a reception area, four offices, a break room, and two bathrooms. The shop is approximately 730 square feet and includes two roll-up doors, supported by a paved parking lot with 12 spaces and a handicap entrance.

The property is located on Hwy 72-221 E in Greenwood, SC, with the lot configured to support equipment storage in the yard.

With office space and a roll-up door shop on the same parcel, the site is well suited for service and contractor-style operations that require a functional workspace and on-site parking.

Key Highlights

  • 2018‑built modular office on a 3.2‑acre lot
  • 1,512 SF modular office includes reception, 4 offices, break room, and 2 bathrooms
  • 730 SF shop with two roll‑up doors

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 $40.8k $26.88
− Vacancy −$6.3k −$4.13
EGI $34.5k $22.75
− OpEx −$8.6k −$5.69
NOI $25.9k $17.06
1,516 SF · lease $26.88/SF/yr · vacancy 15.36% · expense 25.00%

Alternative Uses

Best Use
Office B
$369.5K
$323.4K – $431.1K (±1% cap)
NOI $25,868 @ 7.0% cap · market cap 8.65%
Second Best
Industrial
$127.6K
$111.6K – $148.8K (±1% cap)
NOI $8,930 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$476.2K
$416.7K – $555.6K (±1% cap)
NOI $33,336 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

FAQs

What type of property is this?
Flex space - Modular office plus a shop with two roll-up doors on a paved, 12-space lot.
Where is this flex space located?
The property is located at 2454 E Hwy 72-221 Greenwood, SC.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2018‑built modular office on a 3.2‑acre lot; 1,512 SF modular office includes reception, 4 offices, break room, and 2 bathrooms; 730 SF shop with two roll‑up doors
Contact an agent
More about this property
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