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Industrial Building For Sale

5159 Pelham Rd Greenville, SC 29615

5159 Pelham Rd, Greenville, SC, 29615
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53,333 SF industrial building in Greenville, SC for sale.

Property Size53,333 SF
Price / SF$121.88
AddedJan 29
Days on Market167
Last RefreshJul 13 at 4:24 am

Property Features for 5159 Pelham Rd

General Information

Standard status
Active
Size
53,333 SF
Property subtype
Industrial

Building Details

Year Built
1980

Listing office Lee & Associates - Greenville

Listing date Jan 29, 2026

Source Crexi

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 Lee & Associates - Greenville


Investment Insights

Based on property information with market context.

This is a 53,333 square foot industrial building for sale. It is located at 5159 Pelham Rd in Greenville, SC, in a prime Greenville County location, approximately 10.5 miles from I-85.

Key Highlights

  • Prime Greenville County location
  • ±53,333 SF Industrial Building
  • Located ±0.5 miles from I‑85

Local Financial Insights For Industrial

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 $320.5k $6.01
− Vacancy −$26.9k −$0.50
EGI $293.6k $5.51
− OpEx −$88.1k −$1.65
NOI $205.5k $3.85
53,333 SF · lease $6.01/SF/yr · vacancy 8.40% · expense 30.00%

Alternative Uses

Best Use
Industrial
$2.94M
$2.57M – $3.43M (±1% cap)
NOI $205,525 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$22.79M
$19.94M – $26.58M (±1% cap)
NOI $1,595,098 @ 7.0% cap · market cap 24.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lang Ligon & Co Logistics Company

Suggested Use

Auto Repair Shop Grocery & Convenience Store Parking Lot & Garage Barber Shop Daycare Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Nail Salon

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

FAQs

What type of property is this?
Industrial property - 53,333 SF industrial building in Greenville, SC for sale.
Where is this industrial property located?
The property is located at 5159 Pelham Rd Greenville, SC.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Prime Greenville County location; ±53,333 SF Industrial Building; Located ±0.5 miles from I‑85
Contact an agent
(864) 704-1040 Call to check price and availability
More about this property
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