Search
Corner Mixed-Use Property
For Sale
$1,400,000

Poinsett Highway, Greenville, SC 29609

Lots/Land, Greenville, SC

Property Size10,000 SF
Lot Size0.72 Acres
Price / SF$140
Days on Market139

Property Features for Poinsett Highway

General Information

Property type Commercial Sale
Property subtype Other
Lot features Corner, Business District
Elementary school Summit Drive
Middle school League
High school Berea
Subdivision 070
Standard status Active
APN 0175000300900
Lot size 0.72 Acres

Utilities

Water source Public
Listing Agency: Cross Creek Realty, LLC
Listed By: Steven Smith
Added: May 21 Changed: Sep 21 Last Checked: Oct 6 at 9:06AM
MLS# 1552193

Copyright © 2026 Greater Greenville Association of Realtors. 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.

This mixed-use property comprises two 5,000-square-foot commercial buildings on a 0.72-acre corner parcel. The site includes parking, public water service, and access suited to commercial activity. The existing improvements provide a substantial foundation for retail, office, or combined-use occupancy.

Located on Poinsett Highway in Greenville’s Poinsett District, the property is positioned near downtown Greenville and benefits from reported daily traffic exceeding 40,000 vehicles. Its corner setting and accessible layout add practical visibility for businesses serving the surrounding area.

Key Highlights

  • Two 5,000‑square‑foot commercial buildings
  • 0.72‑acre corner parcel on Poinsett Highway
  • Reported daily traffic count exceeding 40,000

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$103,500
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,070,000 $2.1M
Cap Rate 7%
$1,478,571 $1.5M
Cap Rate 9%
$1,150,000 $1.2M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$180.0K $18.00/SF
− Vacancy
−$14.4K −$1.44/SF
EGI
$165.6K $16.56/SF
− OpEx
−$62.1K −$6.21/SF
NOI
$103.5K $10.35/SF
Area
Greenville County, SC
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,070,000
Cap Rate 7%
$1,478,571
Cap Rate 9%
$1,150,000

Alternative Uses

Best Use
Office B
$2.20M
$1.92M – $2.56M (±1% cap)
NOI $153,792 @ 7.0% cap · market cap 10.99%
Second Best
Retail
$2.12M
$1.85M – $2.47M (±1% cap)
NOI $148,186 @ 7.0% cap · market cap 10.58%
Theoretical Best
Office A
$4.27M
$3.74M – $4.98M (±1% cap)
NOI $299,083 @ 7.0% cap · market cap 21.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Retail space

Lease Details

40,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby

Demographics for 29609, SC

31,547
Population
14,840
Households
2.1
Avg Household Size
38
Median Age
47%
College-Educated
89%
High-School Grad
24.3 sq mi
ZIP Area
1,298
Density / Sq Mi
$64,837
Median Household Income
$42,293
Median Earnings
$1,078
Median Rent
$303,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial buildings on a highly visible corner support retail, office, or mixed-use operations.
Where is this mixed-use property located?
The property is located at Poinsett Highway Greenville, SC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Two 5,000‑square‑foot commercial buildings; 0.72‑acre corner parcel on Poinsett Highway; Reported daily traffic count exceeding 40,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again