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Convenience Store Fuel Station

623 Bypass 25 Ne Greenwood, SC 29646

623 Bypass 25 Ne, Greenwood, SC, 29646
$599,901
For Sale
$599,901

Freestanding convenience retail building with pumps, tanks, canopy, and storage on a high-traffic US-25 corridor.

Property Size1,365 SF
Lot Size0.94 Acres
Price / SF$439.49
Days on Market60

Property Features for 623 Bypass 25 Ne

General Information

Standard status
Active
Size
1,365 SF
Lot size
0.94 Acres
Listing agency Pros Realty
Listed by Amin Pirani · License #113602
Source Exprealty
Added: May 25 Updated: Jul 22 at 7:00PM Checked: Jul 21 at 5:50AM

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 Pros Realty


Investment Insights

Based on property information with market context.

This 0.94-acre commercial site includes a 1,365-square-foot retail building currently used as a convenience store, plus fuel infrastructure and ancillary improvements included in the sale. The package features pumps, tanks, a canopy, and an additional storage building. The retail building is served by electric HVAC, with public water and sewer available on-site.

The property is positioned on the US-25 corridor with 24,000+ VPD, and it is located directly across from major retail. The fuel operation is described as having no jobber contract, allowing buyers full control over fuel supply, branding, and margins, supporting either continued use or redevelopment. The site is also presented as suitable for introducing additional inside food offerings to support retail sales.

Key Highlights

  • 0.94‑acre commercial site on the US‑25 corridor with a 1,365 SF freestanding convenience retail building
  • Convenience store includes pumps, tanks, and a canopy, plus an additional storage building included in the sale
  • Located directly across from major retail, with strong visibility on a high‑traffic corridor (24,000+ VPD)

Local Financial Insights For Specialty 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 $24.6k $18.00
− Vacancy −$885 −$0.65
EGI $23.7k $17.35
− OpEx −$5.9k −$4.34
NOI $17.8k $13.01
1,365 SF · lease $18.00/SF/yr · vacancy 3.60% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$253.8K
$222.1K – $296.1K (±1% cap)
NOI $17,764 @ 7.0% cap · market cap 2.96%
Second Best
Industrial
$114.9K
$100.5K – $134.0K (±1% cap)
NOI $8,041 @ 7.0% cap · market cap 1.34%
Theoretical Best
Office A
$428.8K
$375.2K – $500.3K (±1% cap)
NOI $30,016 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Gas stations

Suggested Use

Real Estate Agency Law Firm Pharmacy Parking Lot & Garage Electrical Service Big Box & Wholesale Store Garden Center Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

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

FAQs

What type of property is this?
Gas station - Freestanding convenience retail building with pumps, tanks, canopy, and storage on a high-traffic US-25 corridor.
Where is this gas station located?
The property is located at 623 Bypass 25 Ne Greenwood, SC.
What is the asking price?
The asking price for this property is $599,901.
What are key features of this property?
This property features: 0.94‑acre commercial site on the US‑25 corridor with a 1,365 SF freestanding convenience retail building; Convenience store includes pumps, tanks, and a canopy, plus an additional storage building included in the sale; Located directly across from major retail, with strong visibility on a high‑traffic corridor (24,000+ VPD)
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More about this property
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