829 Star St Greenville, NC 27834
829 Star St, Greenville, NC, 27834
$1,695,000
For Sale
$1,695,000
Greenville Flex Industrial Space
Property Size16,000 SF
Price / SF$105.94
Days on Market89
Property Features for 829 Star St
General Information
- Standard status
- Active
- Property type
- Other industrial properties, Industrial properties
- Size
- 16,000 SF
- Total Parking Spaces
- 30
Building Details
- Year Built
- 1995
- Buildings
- 5
Listing agency
(910) 729-9180
Listed by
Tim
(910) 729-9180
Added: Apr 25
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 | $151.7k | $9.48 |
| − Vacancy | −$10.3k | −$0.64 |
| EGI | $141.4k | $8.84 |
| − OpEx | −$42.4k | −$2.65 |
| NOI | $99.0k | $6.18 |
16,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.41M
$1.24M – $1.65M
NOI $98,956 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.48M
$3.05M – $4.06M
NOI $243,809 @ 7.0% cap · market cap 14.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Highland Residential & Commercial ...
Roofing Company
Greenville Seamless Gutters
Hardware & Home Improvement
Handy Helpers Inc.
Hardware & Home Improvement
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FAQs
What type of property is this?
Industrial property - Greenville Flex Industrial Space
Where is this industrial property located?
The property is located at 829 Star St Greenville, NC.
What is the asking price?
The asking price for this property is $1,695,000.