Two-Unit Office
5 Creekside Park Court, Greenville, SC 29615
For Sale
Contact for pricing
Two separately configured office units offer independent building systems and on-site surface parking.
Property Size3,552 SF
Price / SF$218.19
Days on Market60
Property Features for 5 Creekside Park Court
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Office Units
Listed By:
Fallon Hogan · License #145461
Source:
Crexi
Added: Sep 11
Changed: Oct 26
Last Checked: Nov 8 at 7:20AM
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 Fallon Hogan
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Investment Insights
Based on property information with market context.
This office property comprises two separate units totaling ±3,552 square feet. Each unit has independent building systems, supporting flexible ownership and occupancy arrangements within the office asset. Surface parking is available on site.
The property is located at 5 Creekside Park Court in Greenville, South Carolina, outside Greenville city limits and within S-1 zoning. The surrounding Creekside/Patewood area includes medical, professional, and business users, providing an established office setting for the property.
The property is located at 5 Creekside Park Court in Greenville, South Carolina, outside Greenville city limits and within S-1 zoning. The surrounding Creekside/Patewood area includes medical, professional, and business users, providing an established office setting for the property.
Key Highlights
- Two separate office units totaling ±3,552 square feet
- Independent building systems for each unit
- On‑site surface parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,627
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,540
$1.1M
Cap Rate 7%
$780,386
$780.4K
Cap Rate 9%
$606,967
$607.0K
Market Conditions
NOI Build-Up for 3,552 SF
Gross rent
$81.8K $23.04/SF
− Vacancy
−$9.0K −$2.53/SF
EGI
$72.8K $20.51/SF
− OpEx
−$18.2K −$5.13/SF
NOI
$54.6K $15.38/SF
Area
Greenville County, SC
Vacancy
11.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,540
Cap Rate 7%
$780,386
Cap Rate 9%
$606,967
Alternative Uses
Best Use
Office B
$780.4K
$682.8K – $910.5K
NOI $54,627 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,234 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
2,024
Businesses Nearby
Explore this area
Business Placement
Demographics for 29615, SC
38,684
Population
19,687
Households
2
Avg Household Size
40
Median Age
52%
College-Educated
96%
High-School Grad
19.2 sq mi
ZIP Area
2,015
Density / Sq Mi
$74,200
Median Household Income
$44,960
Median Earnings
$1,203
Median Rent
$348,600
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Greenville, SC
Properties on Market for Office Units in Greenville
Vacancy Rate% for Office in Greenville, SC
Frequently Asked Questions
What type of property is this?
Office unit - Two separately configured office units offer independent building systems and on-site surface parking.
Where is this office unit located?
The property is located at 5 Creekside Park Court Greenville, SC.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two separate office units totaling ±3,552 square feet; Independent building systems for each unit; On‑site surface parking
