Second-Generation Medical
35 Ray E Talley Ct Simpsonville, SC 29680
35 Ray E Talley Ct, Simpsonville, SC, 29680
Contact for pricing
For Sale
Contact for pricing
Well-maintained medical and office space in Simpsonville’s retail corridor near I-385 access.
Property Size7,880 SF
Price / SF$300.05
Days on Market63
Property Features for 35 Ray E Talley Ct
General Information
- Standard status
- Active
- Size
- 7,880 SF
- Property subtype
- OFFICE
Listing agency
Avison Young | Greenville
(864) 747-5627
Listed by
James McKay · License #89652
(864) 747-5627
Source
Moodyscre
Added: May 22 Updated: Jul 22 at 7:02PM Checked: Jul 22 at 7:02PM
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 Avison Young | Greenville
Investment Insights
Based on property information with market context.
This well-maintained second-generation medical and office space is designed to support both medical and general office use. The property is positioned within Simpsonville’s busy retail corridor, offering a practical setting for professional tenants.
The building is located just off Fairview Road, with convenient access to I-385. Its location and established retail-adjacent setting make it suitable for a variety of uses.
The information provided does not specify additional unit mix, improvements, or parking details.
The building is located just off Fairview Road, with convenient access to I-385. Its location and established retail-adjacent setting make it suitable for a variety of uses.
The information provided does not specify additional unit mix, improvements, or parking details.
Key Highlights
- Well‑maintained second‑generation medical/office space in Simpsonville
- Located in Simpsonville’s busy retail corridor
- Just off Fairview Road
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 | $181.6k | $23.04 |
| − Vacancy | −$20.0k | −$2.53 |
| EGI | $161.6k | $20.51 |
| − OpEx | −$40.4k | −$5.13 |
| NOI | $121.2k | $15.38 |
7,880 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.73M
$1.51M – $2.02M
NOI $121,188 @ 7.0% cap · market cap 5.13%
Second Best
Healthcare Medical
$371.2K
$324.8K – $433.1K
NOI $25,985 @ 7.0% cap · market cap 1.10%
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,677 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jamie Makayla, PT
Physician
Haley E. Dotson, ...
Pediatrician
Donna K. Johnson, ...
Physician
Amanda F. Mallico, ...
Physician
Meredith Chivers, PA
Pediatrician
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FAQs
What type of property is this?
Medical Office Space - Well-maintained medical and office space in Simpsonville’s retail corridor near I-385 access.
Where is this medical office space located?
The property is located at 35 Ray E Talley Ct Simpsonville, SC.
What is the asking price?
The asking price for this property is $2,364,400.
What are key features of this property?
This property features: Well‑maintained second‑generation medical/office space in Simpsonville; Located in Simpsonville’s busy retail corridor; Just off Fairview Road
