4204 Greenville Highway Brevard, NC 28712
3.24-acre commercial property with office, warehouse, and workshop spaces.
- Added:
- May 11, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 3 at 5:57 am
Property Features for 4204 Greenville Highway
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 3.24 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing office RE/MAX LAND OF THE WATERFALLS (828) 884-7653
Listing date May 11, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- 3.24 acre lot in a highly accessible location minutes from downtown Brevard.
- Approximately 3,200 sq ft building with versatile layout suitable for office, distribution, light industrial, or service‑based operations.
- Warehouse space with loading dock access.
Local Financial Insights For Warehouse
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 | $28.8k | $9.00 |
| − Vacancy | −$1.8k | −$0.56 |
| EGI | $27.0k | $8.44 |
| − OpEx | −$4.1k | −$1.27 |
| NOI | $23.0k | $7.18 |
