Property summary
This exceptional investment opportunity presents a fully leased, 5,500 square foot flex building situated on a 0.49-acre lot in Greenville, South Carolina. The property, located at 1253 S Pleasantburg Dr, boasts a prime location on a major thoroughfare, benefiting from high visibility and traffic volume exceeding 27,100 vehicles per day. The building, constructed in 1977 and extensively renovated in 2023, features one story and one loading dock with one dock-high door. The improvements include new sewer lines, a resealed roof, and a resurfaced parking lot. Currently operating at 100% occupancy with a single tenant under a NNN lease, this stabilized investment offers a compelling 7.09% cap rate and a pro-forma NOI of $78,001. The property is zoned for commercial use and benefits from its proximity to Interstate 85 (0.7 miles) and numerous national retailers including Aldi, O'Reilly's, Crunch Fitness, AutoZone, QuikTrip, and Home Depot. Greenville's strategic growth plans, as outlined in the GVL 2040 comprehensive plan, further enhance the long-term value and potential of this asset. The area enjoys steady population growth and a high average household income ($106,000 within a 5-mile radius), supported by major employers such as BMW, Michelin, Prisma Health, ScanSource, and Tesla. This presents a rare opportunity to acquire a high-performing, low-maintenance investment in a thriving South Carolina market. The APN is M015030200201.
Property profile
VerifiedCap rate & NOI
Current use
-
Auto Parts Store
-
Interior Design Auto Repair Shop
-
Building Supply General Contractor
-
Auto Parts Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PDR · Greenville, SCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PDR in Greenville, SC.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight