8715 Asheville Hwy Boiling Springs, SC 29316
COMMERCIAL - Boiling Springs, SC
Property Features for 8715 Asheville Hwy
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- Size
- 2,200 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 5524
Utilities
- Heating system
- Heat Pump (Heating), Hot Water(Heating)
- Cooling system
- Heat Pump, Central Air
- Water source
- Public
Building Details
- Flooring type
- Carpet, Wood
Listing agent Joey Praytor License #109966 (864) 431-2613
Listing office Leslie Horne and Associates 2510 Boiling Springs Rd, BOILING SPRINGS, SC (864) 707-2315
Listing date Nov 26, 2024
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.
Key Highlights
- Completely remodeled office space with updates completed in 2015 (inside and out)
- 8 office spaces plus 2 bathrooms
- Updated hardwood floors throughout, with wood and carpet flooring
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 | $53.1k | $24.12 |
| − Vacancy | −$7.7k | −$3.51 |
| EGI | $45.3k | $20.61 |
| − OpEx | −$11.3k | −$5.15 |
| NOI | $34.0k | $15.46 |
