Office Space on Blackstock
For Sale
Contact for pricing
296 E Blackstock Rd, Spartanburg, SC
Office space with open floorplan, monument signage, and ample parking.
Property Size2,450 SF
Lot Size0.73 Acres
Price / SF$214.29
Days on Market361
Property Features for 296 E Blackstock Rd
General Information
Standard status
Active
Size
2,450 SF
Lot size
0.73 Acres
Property subtype
OFFICE
Listing Agency:
Lee & Associates | Greenville/Spartanburg
(864) 337-1543
Listed By:
Darath Mackie · License ##97485
(864) 337-1543
Source:
Moodyscre
Added: Aug 8, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:21AM
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 Lee & Associates | Greenville/Spartanburg
Investment Insights
Based on property information with market context.
This property is currently configured as an office space, featuring a reception area and a mostly open floorplan. It includes a breakroom area and restrooms. Monument signage is available. Ample parking is provided. The property has frontage on Blackstock Rd (I-215) and is surrounded by restaurants and retail establishments. It is located close to I-295, I-296, I-26, I-85, I-221 and I-29. The property size is 2,450 square feet.
Key Highlights
- High visibility with frontage on Blackstock Rd (I‑215) and monument signage.
- Ample parking for employees and clients.
- Excellent accessibility to major interstates: I‑295, I‑296, I‑26, I‑85, I‑221 & I‑29.
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 | $59.1k | $24.12 |
| − Vacancy | −$8.6k | −$3.51 |
| EGI | $50.5k | $20.61 |
| − OpEx | −$12.6k | −$5.15 |
| NOI | $37.9k | $15.46 |
2,450 SF · lease $24.12/SF/yr · vacancy 14.55% · expense 25.00%
Alternative Uses
Best Use
Office B
$541.0K
$473.4K – $631.2K
NOI $37,872 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.90M
$1.66M – $2.22M
NOI $133,139 @ 7.0% cap · market cap 25.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space with open floorplan, monument signage, and ample parking.
Where is this office units located?
The property is located at 296 E Blackstock Rd 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: High visibility with frontage on Blackstock Rd (I‑215) and monument signage.; Ample parking for employees and clients.; Excellent accessibility to major interstates: I‑295, I‑296, I‑26, I‑85, I‑221 & I‑29.
