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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
Listed by Tim
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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Building Supply Electrical Service Storage Facility Garden Center Big Box & Wholesale Store Computer & Electronic Repair Law Firm Hotel & Motel Electronics & Wireless Store Department Store

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

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.
Contact an agent
More about this property
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