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Car Wash and Retail Site

5020 Pelham Rd Greenville, SC 29615

5020 Pelham Rd, Greenville, SC, 29615
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For Sale
Contact for pricing

Car wash and retail property with strong traffic exposure along Pelham Rd and nearby I-85.

Property Size11,108 SF
Price / SF$225.06
Days on Market238

Property Features for 5020 Pelham Rd

General Information

Standard status
Active
Size
11,108 SF
Property subtype
RETAIL
Listing agency Trinity Partners | Greenville
Listed by Jeff Day · License #97835
Source Moodyscre
Added: Nov 26, 2025 Updated: Jul 22 at 6:32AM Checked: Jul 22 at 6:32AM

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 Trinity Partners | Greenville


Investment Insights

Based on property information with market context.

This for-sale property is a car wash and retail site with automotive-oriented commercial use in mind. The asset size is listed as 11,108 square feet.

The property benefits from high traffic volume along Pelham Rd, reported at 25,300 vehicles per day, with I-85 nearby at 113,700 vehicles per day. This positions the site within a heavily traveled corridor and supports consistent visibility for retail and automotive services.

While specific interior configuration and improvements are not detailed in the provided information, the listed property types indicate an established fit for automotive and car wash operations alongside complementary retail use.

Key Highlights

  • High traffic exposure: Pelham Rd averages 25,300 VPD and I‑85 averages 113,700 VPD.
  • Located on a primary corridor with heavy Hwy 85 traffic and a primary exit for Greenville.
  • Property highlights traffic‑driven daytime population/employment along a major corridor.

Local Financial Insights For Retail

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 $243.9k $21.96
− Vacancy −$8.8k −$0.79
EGI $235.2k $21.17
− OpEx −$70.5k −$6.35
NOI $164.6k $14.82
11,108 SF · lease $21.96/SF/yr · vacancy 3.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.35M
$2.06M – $2.74M (±1% cap)
NOI $164,605 @ 7.0% cap · market cap 6.58%
Second Best
Specialty Retail
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,560 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$4.75M
$4.15M – $5.54M (±1% cap)
NOI $332,221 @ 7.0% cap · market cap 13.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Boiling Springs Fire ... Fire Station

Suggested Use

Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Kitchen & Bath Showroom Locksmith Garden Center Cafe & Coffee Shop Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Car wash and retail property with strong traffic exposure along Pelham Rd and nearby I-85.
Where is this retail space located?
The property is located at 5020 Pelham Rd Greenville, SC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High traffic exposure: Pelham Rd averages 25,300 VPD and I‑85 averages 113,700 VPD.; Located on a primary corridor with heavy Hwy 85 traffic and a primary exit for Greenville.; Property highlights traffic‑driven daytime population/employment along a major corridor.
Contact an agent
(864) 354-1708 Call to check price and availability
More about this property
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