Office/Warehouse with Drive-In
9 Ellwood Ct, Greenville, SC 29607
For Sale
$1,900,000
Office warehouse building with assembly space plus both dock and drive-in access for flexible industrial operations.
Property Size13,171 SF
Lot Size1.20 Acres
Price / SF$144.26
Days on Market138
Property Features for 9 Ellwood Ct
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Warehouse & Industrial
Dock-High Doors
Drive-In Doors
Additional Details
Highway Access
Office Units
Building Details
Building Size
Listing Agency:
Reedy Commercial
Listed By:
Bennett Mahon
(864) 683-7244
Source:
Reedycommercial
Added: Jun 25
Changed: Nov 7
Last Checked: Nov 8 at 4:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reedy Commercial
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Investment Insights
Based on property information with market context.
9 Ellwood Court is an office/warehouse property offering a combined workspace configuration with warehouse and assembly area alongside dedicated office space. The building includes 10,393 SF of warehouse and assembly area, plus 2,770 SF of office space with eight offices and a conference room. For operational access, the property has one 10’ x 10’ drive-in door and one 10’ x 10’ dock door.
The site sits on approximately 1.2 acres and is zoned S-1. Interstate access is nearby, with I-385 located about 1.6 miles away and I-85 about 2.5 miles away. Downtown Greenville is approximately 8 miles from the property.
This layout is well suited for tenants or buyers needing both back-of-house space for warehousing or light assembly and front-of-house office administration. The combination of office rooms and conference space supports teams that require a dedicated work environment while maintaining practical loading options for day-to-day logistics.
The site sits on approximately 1.2 acres and is zoned S-1. Interstate access is nearby, with I-385 located about 1.6 miles away and I-85 about 2.5 miles away. Downtown Greenville is approximately 8 miles from the property.
This layout is well suited for tenants or buyers needing both back-of-house space for warehousing or light assembly and front-of-house office administration. The combination of office rooms and conference space supports teams that require a dedicated work environment while maintaining practical loading options for day-to-day logistics.
Key Highlights
- 113,171 SF office/warehouse building for lease, including 10,393 SF warehouse and assembly area
- 2,770 SF office space with eight offices and a conference room
- Both loading options: one 10' x 10' drive‑in door and one 10' x 10' dock door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,632
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,232,640
$1.2M
Cap Rate 7%
$880,457
$880.5K
Cap Rate 9%
$684,800
$684.8K
Market Conditions
NOI Build-Up for 13,171 SF
Gross rent
$79.2K $6.01/SF
− Vacancy
−$6.6K −$0.50/SF
EGI
$72.5K $5.51/SF
− OpEx
−$10.9K −$0.83/SF
NOI
$61.6K $4.68/SF
Area
Greenville County, SC
Vacancy
8.40%
Lease Rate
$6.01 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,232,640
Cap Rate 7%
$880,457
Cap Rate 9%
$684,800
Alternative Uses
Best Use
Office B
$2.89M
$2.53M – $3.38M
NOI $202,559 @ 7.0% cap · market cap 10.66%
Second Best
Warehouse
$880.5K
$770.4K – $1.03M
NOI $61,632 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$5.63M
$4.92M – $6.57M
NOI $393,922 @ 7.0% cap · market cap 20.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
8
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29607, SC
44,216
Population
22,288
Households
2
Avg Household Size
35
Median Age
50%
College-Educated
94%
High-School Grad
29.0 sq mi
ZIP Area
1,525
Density / Sq Mi
$69,249
Median Household Income
$46,549
Median Earnings
$1,339
Median Rent
$315,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Greenville, SC
Properties on Market for Flex space in Greenville
Vacancy Rate% for Office in Greenville, SC
Similar Off Market Nearby
- Elia's Kitchen — 339 Miller Rd suite a, Mauldin, SC 29662
Frequently Asked Questions
What type of property is this?
Flex space - Office warehouse building with assembly space plus both dock and drive-in access for flexible industrial operations.
Where is this flex space located?
The property is located at 9 Ellwood Ct Greenville, SC.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 113,171 SF office/warehouse building for lease, including 10,393 SF warehouse and assembly area; 2,770 SF office space with eight offices and a conference room; Both loading options: one 10' x 10' drive‑in door and one 10' x 10' dock door
