Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11A Midway Rd Pickens, SC 29671

    Sponsored
    For Sale
    $395,000

    Acreage - Pickens, SC

    Lot size:
    26.70 Acres
    Days on Market:
    67
    Last Refresh:
    Feb 5 at 8:06 am

    Property Features for 11A Midway Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    4183-00-71-1227
    Lot size
    26.70 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Greg McMahan
    Greg McMahan

    Cherokee Foothills Realty (864) 933-3713

    Listing agent Greg McMahan (864) 898-2922

    Listing date Dec 1, 2025

    MLS# 1527984 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    26 Acres in Pickens, SC

    This 26-acre tract offers a variety of potential build sites. It includes a 1.5-acre pasture and mature woods, with a small stream bordering the northeast side of the property. A septic permit is on file. The tract could be subdivided up to five times, offering options for a developer. Located in an area with access to Pickens. A well and septic system will need to be installed. Light restrictions apply, allowing for stick-built homes only, with a minimum size of 1200 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Hotel & Motel Food Market Grocery & Convenience Store Bar & Pub Electronics & Wireless Store (Bike/Boat/Book/etc) Store Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pickens
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.718828
    Latitude
    34.923673

    Nearby Similar for Sale

    • $350,000
      0.16 Acres

      Unique Office Building Near Courthouse

      Commercial office building with two units and distinctive architectural features.
      113 Court St, Pickens, SC 29671
      View Details
    • $100,000

      Doublewide Mobile Home on Acreage

      Spacious 3BR/2BA mobile home on 0.73-acre fenced lot.
      326 Chesapeake Trl, Pickens, SC 29671
      View Details
    • $114,900
      1,600 SF

      Pickens Self-Storage Facility For Sale

      16-unit self-storage facility in Pickens, SC. Built in 1994.
      129 Masters Dr, Pickens, SC 29671
      View Details
    • $3,499,000

      Multifamily Property with RV Park

      Multifamily property with RV park, ponds, and utilities.
      174 April Valley Ln, Pickens, SC 29671
      View Details
    • $450,000
      3,610 SF

      Established Restaurant in Pickens, SC

      3,607 SF restaurant on 0.42 acres with ample parking.
      107 S Catherine St, Pickens, SC 29671
      View Details
    • $300,000
      0.76 Acres

      Pickens Office Building - Great Potential

      Spacious office building, ample parking, city limits.
      837 Pendleton Street Ext, Pickens, SC 29671
      View Details
    • $350,000
      0.16 Acres

      Prime Pickens County Office Building

      Historic Charm, Dual-Income Potential
      113 Court St, Pickens, SC 29671
      View Details
    • $59,500
      0.75 Acres

      Pickens Commercial Lot - Great Potential

      Level lot, high visibility, multi-use potential.
      000 Moorefield Memorial Hwy, Pickens, SC 29671
      View Details
    • $895,000
      0.68 Acres

      Downtown Pickens Commercial Gem

      Prime location, versatile space, renovation underway.
      509 Lewis St, Pickens, SC 29671
      View Details
    • $50,000
      1.00 Acre

      Pickens Commercial Land Opportunity

      Acre lot, prime location, $50,000
      4000 Moorefield Memorial Hwy, Pickens, SC 29671
      View Details
    • $350,000
      1,456 SF

      Pickens Restaurant - Turnkey Opportunity

      Fully equipped restaurant, vacant, ready to operate.
      203 Farrs Bridge Rd, Pickens, SC 29671
      View Details
    • $3,600,000
      4,000 SF

      Pickens Textile Mill Redevelopment

      Historic Industrial Site, Huge Potential
      203 Woodrow St, Pickens, SC 29671
      View Details

    FAQs

    What type of property is this?
    Land - 26-acre tract with build sites, pasture, and subdivision potential.
    Where is this land located?
    The property is located at 11A Midway Rd Pickens, SC.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - 26-acre tract with multiple potential build sites; - Subdivision potential for up to 5 lots; - Includes a 1.5-acre pasture
    (864) 933-3713
    Request Owner's contact information
    11A Midway Rd Pickens, SC 29671
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11A Midway Rd
    Pickens, SC 29671
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11A Midway Rd Pickens, SC 29671
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Greg McMahan
    Greg McMahan
    (864) 933-3713
    Learn more
    Google sign-in failed. Please try again or use another login method.