321 North Pine Street, Spartanburg, SC 29302
Office space with fresh interior and exterior paint and two entrances for flexible tenant access.
- Added:
- Jun 10, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 7:20 am
Property Features for 321 North Pine Street
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Office
Building Details
- Year Built
- 1974
Listing agent Derek Gurganus License #SC109273
Listing office Pack & Company Real Estate
Listing date Jun 10, 2026
Source Crexi
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 Pack & Company Real Estate
HighLights
- Office space built in 1974
- New paint on both the interior and exterior
- Well‑maintained office layout with two entrances/exits for flexible tenant access
Overview
The property is located at 321 North Pine Street, close to downtown Spartanburg. Its downtown-adjacent setting can be convenient for day-to-day client visits and local business access, supported by the building’s two access points.
From a tenant or buyer perspective, the two entrance/exit configuration can be useful for scheduling flexibility, staffing patterns, or separating different uses within the same office environment. The updated paint package also helps reduce near-term turnover and refresh work. Please contact Derek Gurganus for additional information and to arrange a showing.
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 | $28.9k | $24.12 |
| − Vacancy | −$4.2k | −$3.51 |
| EGI | $24.7k | $20.61 |
| − OpEx | −$6.2k | −$5.15 |
| NOI | $18.5k | $15.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -81.8506
- Latitude
- 34.9025
