Building Details

Buildings 1

Listing Agency: Call It Closed International Inc Show Phone

Listed By: Jim Fritzsche · License #10539 Show Phone

Source: Cdanjoyner

Added: Oct 23 Last Checked: Oct 23 at 3:14PM

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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 Call It Closed International Inc

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

At 906 Augusta Street, this approximately 4,000-square-foot mixed-use property has a new roof, adaptable interior rooms and four separate exterior entrances. The layout can be arranged into distinct areas, and a dedicated 12-car parking lot serves the building. The property is zoned MX2 and is under 24-hour surveillance.

The site is on Augusta Street in Greenville, minutes from downtown and Main Street. Falls Park on the Reedy, Prisma Health, dining, shops and cultural attractions are among the destinations identified nearby, with access to major thoroughfares also noted.

Key Highlights

• Approximately 4,000 sq ft of building area
• Dedicated 12‑car parking lot
• Four separate exterior access doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$61,517

Cap Rate

4.41%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,230,340 $1.2M

Cap Rate 7%

$878,814 $878.8K

Cap Rate 9%

$683,522 $683.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,000 SF

Gross rent

$92.2K $23.04/SF

− Vacancy

−$10.1K −$2.53/SF

EGI

$82.0K $20.51/SF

− OpEx

−$20.5K −$5.13/SF

NOI

$61.5K $15.38/SF

Area

Greenville County, SC

Vacancy

11.00%

Lease Rate

$23.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,230,340

Cap Rate 7%

$878,814

Cap Rate 9%

$683,522

Alternative Uses

Best Use

Office B

$878.8K

$769.0K – $1.03M (±1% cap)

NOI $61,517 @ 7.0% cap · market cap 4.41%

Second Best

Mixed Use

$591.4K

$517.5K – $690.0K (±1% cap)

NOI $41,400 @ 7.0% cap · market cap 2.97%

Theoretical Best

Office A

$1.71M

$1.50M – $1.99M (±1% cap)

NOI $119,633 @ 7.0% cap · market cap 8.58%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Friddle Law Firm Law Firm Shook Lynn Law Firm Waikart Harry Law Firm

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

350

Businesses Nearby

Explore this area Business Placement

Demographics for 29605, SC

36,970

Population

17,013

Households

2.2

Avg Household Size

37

Median Age

34%

College-Educated

86%

High-School Grad

24.8 sq mi

ZIP Area

1,491

Density / Sq Mi

$63,717

Median Household Income

$39,518

Median Earnings

$1,049

Median Rent

$228,300

Median Home Value

Market

Vacancy Rate% for Office in Greenville, SC

6% 2019

10.3% 2020

10.8% 2021

10.7% 2022

11.7% 2023

11% 2024

9.7% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Four exterior entrances provide access to distinct areas of the building.

Where is this mixed-use property located?

The property is located at 906 Augusta Street Greenville, SC.

What is the asking price?

The asking price for this property is $1,395,000.

What are key features of this property?

This property features: Approximately 4,000 sq ft of building area; Dedicated 12‑car parking lot; Four separate exterior access doors