Flex Warehouse with Office
For Sale
Contact for pricing
5205 Old Buncombe Rd, Greenville, SC 29609
Versatile flex warehouse with integrated office space for industrial, service, distribution, and light manufacturing users.
Property Size6,000 SF
Days on Market146
Property Features for 5205 Old Buncombe Rd
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Industrial
Lease Term
NNN
Building Details
Building Size
6,000 SF
Year Built
1995
Properties For Sale
at 5205 Old Buncombe Rd
A-1
Size
6,000 SF
Term
Negotiable
Listed By:
Rick Hammett · License #SC 77274
(864) 313-9507
Source:
Svn
Added: Jun 7
Changed: Oct 25
Last Checked: Oct 30 at 11:16AM
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 Rick Hammett
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Investment Insights
Based on property information with market context.
This for-sale flex warehouse space offers a functional combination of warehouse and office areas in a single, versatile building configuration. The property is designed to support a range of operating needs, including industrial, service, distribution, and light manufacturing uses.
The location is described as highly convenient within the Upstate area, with the property positioned just minutes from both downtown Greenville and downtown Travelers Rest.
For tenants or buyers seeking a workable live-work style setup for day-to-day operations, the warehouse-plus-office arrangement supports on-site coordination while keeping the production and storage components under one roof. The versatile layout also aligns with multiple light industrial business types that require both workspace for staff and practical space for warehousing or distribution activities.
The location is described as highly convenient within the Upstate area, with the property positioned just minutes from both downtown Greenville and downtown Travelers Rest.
For tenants or buyers seeking a workable live-work style setup for day-to-day operations, the warehouse-plus-office arrangement supports on-site coordination while keeping the production and storage components under one roof. The versatile layout also aligns with multiple light industrial business types that require both workspace for staff and practical space for warehousing or distribution activities.
Key Highlights
- 6,000 SF flex warehouse with integrated warehouse and office space
- Designed for industrial, service, distribution, and light manufacturing users
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,434
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,680
$428.7K
Cap Rate 7%
$306,200
$306.2K
Cap Rate 9%
$238,156
$238.2K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$36.0K $6.00/SF
− Vacancy
−$3.0K −$0.50/SF
EGI
$33.0K $5.50/SF
− OpEx
−$11.5K −$1.92/SF
NOI
$21.4K $3.57/SF
Area
Greenville County, SC
Vacancy
8.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,680
Cap Rate 7%
$306,200
Cap Rate 9%
$238,156
Alternative Uses
Best Use
Warehouse
$401.1K
$351.0K – $467.9K
NOI $28,076 @ 7.0% cap · market cap 280,760.00%
Second Best
Industrial
$330.3K
$289.0K – $385.4K
NOI $23,122 @ 7.0% cap · market cap 231,220.00%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,450 @ 7.0% cap · market cap 1,794,500.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 29609, SC
31,547
Population
14,840
Households
2.1
Avg Household Size
38
Median Age
47%
College-Educated
89%
High-School Grad
24.3 sq mi
ZIP Area
1,298
Density / Sq Mi
$64,837
Median Household Income
$42,293
Median Earnings
$1,078
Median Rent
$303,800
Median Home Value
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Market
Vacancy Rate% for Industrial in Greenville, SC
Similar Off Market Nearby
- Moe's Southwest Grill — 3300 Poinsett Hwy, Greenville, SC 29613
Frequently Asked Questions
What type of property is this?
Flex space - Versatile flex warehouse with integrated office space for industrial, service, distribution, and light manufacturing users.
Where is this flex space located?
The property is located at 5205 Old Buncombe Rd Greenville, SC.
What are key features of this property?
This property features: 6,000 SF flex warehouse with integrated warehouse and office space; Designed for industrial, service, distribution, and light manufacturing users; Built in 1995
