Steel Frame Flex
For Sale
$375,000
5108 Old Laurens Rd, Greenwood, SC 29649
COMMERCIAL - Greenwood, SC
Property Size3,200 SF
Lot Size1.08 Acres
Price / SF$117.19
Days on Market91
Property Features for 5108 Old Laurens Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RDD
Subdivision
LAKEVIEW HGHTS
Standard status
Active
Size
3,200 SF
Lot size
1.08 Acres
Building Details
Year built
2005
Listing Agency:
Your Home Sold Guaranteed Realty - Kellar Lawrence
(864) 942-8991
Listed By:
Tara Wise
(864) 941-1579
Added: May 4
Changed: Jun 26
Last Checked: Aug 2 at 7:06PM
MLS# 139753
Copyright © 2026 Greenwood 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.
Investment Insights
Based on property information with market context.
This flex-style property includes a 1.08-acre lot and an approximately 80x40 steel frame building with a large warehouse/workshop area. Two 12x12 roll-up doors provide loading access, and the interior includes a full kitchen, multiple bathrooms (two half baths and one with a shower), and two laundry hookups. Additional flexible rooms can support office, meeting, or living-quarters use. The building is further enhanced by attached covered storage areas sized for vehicles, boats, or materials, giving operators practical space for both work and equipment staging.
The property is located beside Harris Landing and diagonal from One Stop Marina, with lake views. It is approximately three minutes from the Olde Eight Community and Golf Course. The site is currently on a well and septic system, and county water lines are being installed on the road. Electric service includes 220 power already in place, and a welding hookup is available, supporting hands-on trades and light industrial workflows.
Designed for a mix of uses, the combination of warehouse access, flexible interior rooms, and extensive lot area can fit a workshop or repair business, storage operation, or light industrial use. The expansive lot supports parking and easy access, with room for future expansion. The property is currently leased on a month-to-month basis, offering flexibility for an owner-occupant or operator looking to align the space with their needs.
The property is located beside Harris Landing and diagonal from One Stop Marina, with lake views. It is approximately three minutes from the Olde Eight Community and Golf Course. The site is currently on a well and septic system, and county water lines are being installed on the road. Electric service includes 220 power already in place, and a welding hookup is available, supporting hands-on trades and light industrial workflows.
Designed for a mix of uses, the combination of warehouse access, flexible interior rooms, and extensive lot area can fit a workshop or repair business, storage operation, or light industrial use. The expansive lot supports parking and easy access, with room for future expansion. The property is currently leased on a month-to-month basis, offering flexibility for an owner-occupant or operator looking to align the space with their needs.
Key Highlights
- 1.08‑acre property near Lake Greenwood offering residential/commercial flexibility
- 80x40 steel frame building with warehouse/workshop space and two 12x12 roll‑up doors**
- Equipped with a full kitchen, multiple bathrooms, and flexible rooms for office/living
Financial Insights For Mixed Use
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 | $57.6k | $18.00 |
| − Vacancy | −$6.9k | −$2.16 |
| EGI | $50.7k | $15.84 |
| − OpEx | −$19.0k | −$5.94 |
| NOI | $31.7k | $9.90 |
3,200 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$780.0K
$682.5K – $910.1K
NOI $54,603 @ 7.0% cap · market cap 14.56%
Second Best
Mixed Use
$452.6K
$396.0K – $528.0K
NOI $31,680 @ 7.0% cap · market cap 8.45%
Theoretical Best
Office A
$1.01M
$879.6K – $1.17M
NOI $70,367 @ 7.0% cap · market cap 18.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29649, SC
27,485
Population
11,966
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
93%
High-School Grad
53.6 sq mi
ZIP Area
513
Density / Sq Mi
$56,268
Median Household Income
$37,221
Median Earnings
$937
Median Rent
$207,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Steel-frame workshop with roll-up doors, flexible interior spaces, and attached covered storage on over an acre near Lake Greenwood.
Where is this flex space located?
The property is located at 5108 Old Laurens Rd Greenwood, SC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1.08‑acre property near Lake Greenwood offering residential/commercial flexibility; 80x40 steel frame building with warehouse/workshop space and two 12x12 roll‑up doors**; Equipped with a full kitchen, multiple bathrooms, and flexible rooms for office/living
