Flex Space With Shop
New
For Sale
$927,000
919 N Highway 25, Travelers Rest, SC 29690
A separate furnished residence and secured work yard complement the metal shop buildings.
Property Size5,000 SF
Lot Size3.62 Acres
Price / SF$185.40
Days on Market7
Property Features for 919 N Highway 25
General Information
Standard status
Active
Size
5,000 SF
Lot size
3.62 Acres
Additional Details
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$5,863
Building Details
Buildings
2
Construction
metal
Listing Agency:
EXP Realty LLC
(888) 440-2798
Listed By:
Kyle Sizemore
(828) 421-4232
Source:
Exprealty
Added: Oct 23
Changed: Oct 28
Last Checked: Oct 28 at 4:24PM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
The property includes two metal buildings with approximately 5,000 SF combined, five roll-up bays, concrete floors, and eave heights of 16 to 18 ft. Shop features include a recently serviced car lift, storage racks, installed air lines, and a restroom. The front compound is fenced and secured by an electric gate. Equipment, racks, air lines, furnishings, and appliances convey.
A furnished residence on site has two bedrooms, one bathroom, a full kitchen, laundry, and a covered private entrance. The rear portion comprises approximately 2.30 acres. A 147-lot residential subdivision is under development directly behind the property, and a middle school is being built nearby.
A furnished residence on site has two bedrooms, one bathroom, a full kitchen, laundry, and a covered private entrance. The rear portion comprises approximately 2.30 acres. A 147-lot residential subdivision is under development directly behind the property, and a middle school is being built nearby.
Key Highlights
- Two metal buildings totaling approximately 5,000 SF
- Five roll‑up bays with 16 to 18 ft eave heights
- Fenced front compound with electric gate access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,093
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,481,860
$1.5M
Cap Rate 7%
$1,058,471
$1.1M
Cap Rate 9%
$823,256
$823.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$109.8K $21.96/SF
− Vacancy
−$4.0K −$0.79/SF
EGI
$105.8K $21.17/SF
− OpEx
−$31.8K −$6.35/SF
NOI
$74.1K $14.82/SF
Area
Greenville County, SC
Vacancy
3.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,481,860
Cap Rate 7%
$1,058,471
Cap Rate 9%
$823,256
Alternative Uses
Best Use
Retail
$1.06M
$926.2K – $1.23M
NOI $74,093 @ 7.0% cap · market cap 7.99%
Second Best
Industrial
$275.3K
$240.9K – $321.1K
NOI $19,268 @ 7.0% cap · market cap 2.08%
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M
NOI $149,541 @ 7.0% cap · market cap 16.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29690, SC
22,912
Population
10,318
Households
2.2
Avg Household Size
42
Median Age
31%
College-Educated
87%
High-School Grad
105.2 sq mi
ZIP Area
218
Density / Sq Mi
$66,544
Median Household Income
$37,052
Median Earnings
$964
Median Rent
$267,400
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A separate furnished residence and secured work yard complement the metal shop buildings.
Where is this flex space located?
The property is located at 919 N Highway 25 Travelers Rest, SC.
What is the asking price?
The asking price for this property is $927,000.
What are key features of this property?
This property features: Two metal buildings totaling approximately 5,000 SF; Five roll‑up bays with 16 to 18 ft eave heights; Fenced front compound with electric gate access
