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
- Size
- 1,879 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Heat Pump (Heating)
- Water source
- Public
Building Details
- Flooring type
- Concrete, Wood
Listing agent Rick Angell License #90911 (864) 414-5188
Listing office Real Broker, LLC 128 Millport Cir Suite 200, Rock Hill, SC (731) 561-3650
Listing date Jul 16, 2026
Copyright © 2026 Spartanburg Association of REALTORS, Inc. 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.
The property is located just off Exit 1 of I-85 Business Loop, providing easy access and superior exposure.
With flexible indoor space across the main level and finished basement, the layout supports a variety of commercial uses where office space and kitchen capabilities are both needed.
Key Highlights
- Approximately 1,879 sq ft commercial building with a finished basement on a half‑acre lot
- Main level includes a large vestibule and a large open room used as a meeting space
- Finished basement provides storage and includes a commercial kitchen
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 |
