Two-Story Daycare Office
736 SALUDA LAKE RD Greenville, SC 29611
736 SALUDA LAKE RD, Greenville, SC, 29611
Contact for pricing
For Sale
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Turnkey two-story facility configured for daycare use with classrooms, ADA restrooms, and a fenced outdoor playground area.
Property Size3,067 SF
Lot Size0.37 Acres
Price / SF$277.14
Days on Market79
Property Features for 736 SALUDA LAKE RD
General Information
- Standard status
- Active
- Size
- 3,067 SF
- Lot size
- 0.37 Acres
- Property subtype
- Office, Special Purpose
Building Details
- Year Built
- 1994
Listing agency
Cardinal Commercial Properties, LLC
(864) 233-7724
Listed by
Robert Brissie · License #SC 126566
Source
Crexi
Added: May 5 Updated: Jul 22 at 2:35AM Checked: Jul 22 at 2:35AM
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 Cardinal Commercial Properties, LLC
Investment Insights
Based on property information with market context.
This two-story, approximately 3,067 SF daycare/office property is described as turnkey and thoughtfully updated for immediate occupancy. The interior layout includes 4 classrooms and 2 ADA-compliant restrooms, with full ADA accessibility supported by a handicap ramp.
The property is situated on about 0.37 acres and is zoned O-D. It features 8 striped parking spaces, a dedicated drop-off lane, and a fenced outdoor playground area designed for convenience and safety.
Recent improvements include a new roof, new gutters, and new window tint. The exterior is identified as Hardie board with trim. The building is currently configured for daycare use and approved for up to 60 children, with a note that an owner leaseback opportunity could be available for investors.
The property is situated on about 0.37 acres and is zoned O-D. It features 8 striped parking spaces, a dedicated drop-off lane, and a fenced outdoor playground area designed for convenience and safety.
Recent improvements include a new roof, new gutters, and new window tint. The exterior is identified as Hardie board with trim. The building is currently configured for daycare use and approved for up to 60 children, with a note that an owner leaseback opportunity could be available for investors.
Key Highlights
- 3,067 SF two‑story daycare/office property built in 1994
- On 0.37 acres, zoned O‑D, currently configured for daycare with approval for up to 60 children
- Includes 4 classrooms and 2 ADA‑compliant restrooms with full ADA accessibility and a handicap ramp
Local Financial Insights For Office B
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 | $70.7k | $23.04 |
| − Vacancy | −$7.8k | −$2.53 |
| EGI | $62.9k | $20.51 |
| − OpEx | −$15.7k | −$5.13 |
| NOI | $47.2k | $15.38 |
3,067 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$673.8K
$589.6K – $786.1K
NOI $47,168 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,729 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sunshine Place Academy
Daycare Center
Similar For Sale Nearby
Similar Off Market Nearby
- Especially Children Too — 6900 White Horse Rd, Greenville, SC 29611
- Sunshine Place Academy — 736 Saluda Lake Rd, Greenville, SC 29611
FAQs
What type of property is this?
Day care center - Turnkey two-story facility configured for daycare use with classrooms, ADA restrooms, and a fenced outdoor playground area.
Where is this day care center located?
The property is located at 736 SALUDA LAKE RD Greenville, SC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,067 SF two‑story daycare/office property built in 1994; On 0.37 acres, zoned O‑D, currently configured for daycare with approval for up to 60 children; Includes 4 classrooms and 2 ADA‑compliant restrooms with full ADA accessibility and a handicap ramp
