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Flex Building with Fenced Yard

346 White Horse Rd, Greenville, SC 29605

For Sale
Contact for pricing

C-2 zoning and a dedicated outdoor area support a mix of workspace and storage functions.

Property Size5,000 SF
Lot Size1.70 Acres
Price / SF$130
Days on Market38

Property Features for 346 White Horse Rd

General Information

Standard status Active
Size 5,000 SF
Lot size 1.70 Acres
Property subtype Office, Industrial
Zoning C-2

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Property Use Flex

Building Details

Buildings 1
Building Size 5,000 SF
Listing Agency: SVN Palmetto
Listed By: Nicholas Hammett · License SC #78969
Source: Crexi
Added: Oct 3 Changed: Nov 8 Last Checked: Nov 8 at 5:43PM

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 SVN Palmetto

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex property combines approximately 5,000 square feet of building area with an approximately 1.7-acre site. The interior includes finished office space and an upstairs conference room, while two 10-foot roll-up doors provide access for warehouse or service activity. A level, gravel yard is enclosed by fencing.

The property is located along White Horse Road, with access to I-185 and I-85. These routes connect the site with downtown Greenville and the broader Upstate region.

C-2 zoning supports the property's mix of office, warehouse, and outdoor yard components.

Key Highlights

  • Approximately 5,000 square feet on approximately 1.7 acres
  • Level gravel yard enclosed by fencing
  • Two 10‑foot roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,397
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,940 $467.9K
Cap Rate 7%
$334,243 $334.2K
Cap Rate 9%
$259,967 $260.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$30.1K $6.01/SF
− Vacancy
−$2.5K −$0.50/SF
EGI
$27.5K $5.51/SF
− OpEx
−$4.1K −$0.83/SF
NOI
$23.4K $4.68/SF
Area
Greenville County, SC
Vacancy
8.40%
Lease Rate
$6.01 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,940
Cap Rate 7%
$334,243
Cap Rate 9%
$259,967

Alternative Uses

Best Use
Warehouse
$334.2K
$292.5K – $390.0K (±1% cap)
NOI $23,397 @ 7.0% cap · market cap 3.60%
Second Best
Industrial
$275.3K
$240.9K – $321.1K (±1% cap)
NOI $19,268 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M (±1% cap)
NOI $149,541 @ 7.0% cap · market cap 23.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

New Carolina Construction Construction Company

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Building Supply Nail Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
Under-served
Demand for This Use

Demographics for 29605, SC

36,970
Population
17,013
Households
2.2
Avg Household Size
37
Median Age
34%
College-Educated
86%
High-School Grad
24.8 sq mi
ZIP Area
1,491
Density / Sq Mi
$63,717
Median Household Income
$39,518
Median Earnings
$1,049
Median Rent
$228,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Greenville, SC

$187 Jul
$115 Aug
$122 Sep
$131 Oct

Properties on Market for Flex space in Greenville

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Greenville, SC

5.2% 2019
7.5% 2020
3.1% 2021
2.2% 2022
8.6% 2023
11.7% 2024
9.2% 2025

Frequently Asked Questions

What type of property is this?
Flex space - C-2 zoning and a dedicated outdoor area support a mix of workspace and storage functions.
Where is this flex space located?
The property is located at 346 White Horse Rd Greenville, SC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 5,000 square feet on approximately 1.7 acres; Level gravel yard enclosed by fencing; Two 10‑foot roll‑up doors
(864) 414-0560 Call to check price and availability
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