Renovated Flex
450 N Hwy 11, West Union, SC 29696
For Sale
$1,100,000
Land, West Union, SC
Property Size5,400 SF
Lot Size5.07 Acres
Price / SF$203.70
Days on Market139
Property Features for 450 N Hwy 11
General Information
Property type
Property subtype
Lot features
Elementary school
Middle school
High school
Directions
Subdivision
Standard status
APN
Lot size
Amenities
conference room
security office
Listing Agency:
Powell Real Estate
(864) 638-5879
Listed By:
Adriana Powell · License SC #131210
(864) 723-6424
Added: Jun 25
Changed: Aug 19
Last Checked: Nov 10 at 6:06PM
MLS# 20303124
Copyright © 2026 Western Upstate Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This approximately 5,400 SF flex facility has been recently renovated for combined office and operational use. The interior includes multiple private offices, a boardroom/conference room, two large open work areas, a security office, and multiple restrooms. The warehouse area has 16'+ ceilings, a 16 ft. drive-in door, heated and cooled space, an air system throughout, and newly refinished epoxy floors.
The property at 450 N Hwy 11 in West Union, SC, occupies 5.07 acres with frontage along SC Highway 11 and approximately 11,000+ vehicles per day. A large gravel parking area accommodates employee parking, fleet vehicles, trailers, and equipment. Water access and a newly installed sewer system serve the rear portion of the property, where a graded lot provides additional acreage for expansion, storage, or separate development.
The property at 450 N Hwy 11 in West Union, SC, occupies 5.07 acres with frontage along SC Highway 11 and approximately 11,000+ vehicles per day. A large gravel parking area accommodates employee parking, fleet vehicles, trailers, and equipment. Water access and a newly installed sewer system serve the rear portion of the property, where a graded lot provides additional acreage for expansion, storage, or separate development.
Key Highlights
- Approximately 5,400 SF recently renovated commercial/industrial building
- 16'+ clear ceiling height with a 16 ft. drive‑in warehouse door
- Multiple private offices, boardroom/conference room, and two open work areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,988
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,379,760
$1.4M
Cap Rate 7%
$985,543
$985.5K
Cap Rate 9%
$766,533
$766.5K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$108.2K $20.04/SF
− Vacancy
−$16.2K −$3.01/SF
EGI
$92.0K $17.03/SF
− OpEx
−$23.0K −$4.26/SF
NOI
$69.0K $12.78/SF
Area
Oconee County, SC
Vacancy
15.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,379,760
Cap Rate 7%
$985,543
Cap Rate 9%
$766,533
Alternative Uses
Best Use
Office B
$985.5K
$862.4K – $1.15M
NOI $68,988 @ 7.0% cap · market cap 6.27%
Second Best
Warehouse
$344.8K
$301.7K – $402.2K
NOI $24,134 @ 7.0% cap · market cap 2.19%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $94,888 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
11,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29696, SC
4,759
Population
2,327
Households
2
Avg Household Size
47
Median Age
29%
College-Educated
91%
High-School Grad
21.9 sq mi
ZIP Area
217
Density / Sq Mi
$77,172
Median Household Income
$40,653
Median Earnings
$681
Median Rent
$184,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial facility combining administrative offices, warehouse functions, and a separate graded area for future development.
Where is this flex space located?
The property is located at 450 N Hwy 11 West Union, SC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 5,400 SF recently renovated commercial/industrial building; 16'+ clear ceiling height with a 16 ft. drive‑in warehouse door; Multiple private offices, boardroom/conference room, and two open work areas
