850 Falling Creek Road Spartanburg, SC 29301
COMMERCIAL - Spartanburg, SC
Property Features for 850 Falling Creek Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 6-12-13-038.00
- Lot size
- 0.53 Acres
Utilities
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Flooring type
- Wood, Concrete
- Building materials
- Block, Brick
- Roof type
- Composition
Listing agent Rick Angell License #90911 (864) 414-5188
Listing office Real Broker, LLC Rock Hill, SC (855) 450-0442
Listing date Jul 16, 2026
Copyright © 2026 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Situated on a half-acre lot, the property offers ample parking and easy access just off Exit 1 of I-85 Business Loop, with exposure to passing traffic. The listing is classified as Commercial zoning.
With both an open main level and a finished, utility-focused basement, the building is suited for users who want on-site storage and a dedicated commercial kitchen alongside an adaptable work or meeting area.
Key Highlights
- Approximately 1,879 sq ft commercial building with a finished basement
- On a half‑acre lot with ample parking room
- Main level includes a large vestibule and large open meeting space
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 | $45.3k | $24.12 |
| − Vacancy | −$6.6k | −$3.51 |
| EGI | $38.7k | $20.61 |
| − OpEx | −$9.7k | −$5.15 |
| NOI | $29.0k | $15.46 |
