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

Poinsett Highway, Greenville, SC 29609

Commercial/Industrial, 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
Subdivision 074
Standard status Active
APN 0175000300900
Lot size 0.72 Acres

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Flooring type Concrete
Building materials Metal
Listing Agency: Cross Creek Realty, LLC
Listed By: Steven Smith
Added: May 21 Changed: Sep 21 Last Checked: Oct 6 at 2:06PM
MLS# 1552196

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 a 0.72-acre site with two 5,000-square-foot buildings. The structures feature metal construction, concrete flooring, electric heating, and public water service. Their scale and configuration support a range of commercial applications, including retail, office, and mixed-use operations.

The property occupies a high-visibility corner along Poinsett Highway in Greenville’s Poinsett District, near downtown Greenville. More than 40,000 vehicles pass the area daily, and on-site parking is available. The site’s accessibility and prominent position provide a practical setting for a commercial user or owner-occupant.

Key Highlights

  • 0.72‑acre mixed‑use property on Poinsett Highway
  • Two 5,000‑square‑foot buildings included
  • High‑visibility corner lot with over 40,000 daily traffic count

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
Mixed Use
$1.48M
$1.29M – $1.73M (±1% cap)
NOI $103,500 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
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

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Current Use

Mixed-use properties

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two substantial buildings offer flexible space for retail, office, or other commercial applications.
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: 0.72‑acre mixed‑use property on Poinsett Highway; Two 5,000‑square‑foot buildings included; High‑visibility corner lot with over 40,000 daily traffic count
More about this property
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