Live-Work Home with Commercial
For Sale
$164,900
Pending
1400 Pearman Dairy Road, Anderson, SC 29625
CommercialSale, Anderson, SC
Property Size1,200 SF
Lot Size0.52 Acres
Days on Market218
Property Features for 1400 Pearman Dairy Road
General Information
Property type
Commercial Sale
Property subtype
Office
Appliances
WaterHeater
Lot features
Outside City Limits, Level
Directions
Pearman Dairy Rd (28 By-Pass) just above Westside High School.
Subdivision
107-Anderson County, SC
Standard status
Pending
APN
1230101002
Lot size
0.52 Acres
Utilities
Heating system
Natural Gas
Cooling system
Electric, Central Air
Building Details
Floors in Building
1
Flooring type
Laminate
Roof type
Shingle
Listing Agency:
Joey Brown Real Estate
(864) 260-1900
Listed By:
Joey Brown · License #4331
(864) 314-0828
Added: Mar 11
Changed: Oct 13
Last Checked: Oct 13 at 11:06PM
MLS# 20298516
Copyright © 2026 Western Upstate 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 versatile property offers a residential layout with commercial flexibility, currently zoned commercial. The home includes 3 bedrooms and 1.5 bathrooms and is approximately 1,200 square feet, with a spacious living area and an updated kitchen featuring stainless appliances. A bright dining or flex space includes sliding doors that open to a backyard deck, and multiple rooms can serve as bedrooms, offices, or meeting rooms depending on the intended use.
The property is located directly on the highly visible 28 Bypass in Anderson. An on-site exterior includes a large driveway with ample parking for multiple vehicles and a spacious backyard with mature trees.
For comfort, the HVAC was newly installed in 2024. Owner financing is available, and while the property is currently commercial, buyers may be able to pursue rezoning to residential to better match their plans.
The property is located directly on the highly visible 28 Bypass in Anderson. An on-site exterior includes a large driveway with ample parking for multiple vehicles and a spacious backyard with mature trees.
For comfort, the HVAC was newly installed in 2024. Owner financing is available, and while the property is currently commercial, buyers may be able to pursue rezoning to residential to better match their plans.
Key Highlights
- 1200 SF home on 28 Bypass in Anderson with residential or commercial use potential
- Currently zoned commercial; could remain commercial or be eligible for rezoning to residential (per listing remarks)
- 3 bedrooms and 1.5 bathrooms with layout suited for living, office, or live‑work use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,985
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,700
$299.7K
Cap Rate 7%
$214,071
$214.1K
Cap Rate 9%
$166,500
$166.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.9K $21.60/SF
− Vacancy
−$1.9K −$1.62/SF
EGI
$24.0K $19.98/SF
− OpEx
−$9.0K −$7.49/SF
NOI
$15.0K $12.49/SF
Area
Anderson County, SC
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,700
Cap Rate 7%
$214,071
Cap Rate 9%
$166,500
Alternative Uses
Best Use
Apartment 5plus
$11.42M
$9.99M – $13.32M
NOI $799,253 @ 7.0% cap · market cap 484.69%
Second Best
Office B
$282.2K
$246.9K – $329.2K
NOI $19,754 @ 7.0% cap · market cap 11.98%
Theoretical Best
Multifamily LT 5
$12.99M
$11.37M – $15.16M
NOI $909,483 @ 7.0% cap · market cap 551.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 29625, SC
28,521
Population
13,716
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
89%
High-School Grad
46.9 sq mi
ZIP Area
608
Density / Sq Mi
$58,746
Median Household Income
$36,120
Median Earnings
$1,015
Median Rent
$210,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Live-work space - Versatile home on 28 Bypass with 3 beds, 1.5 baths, updated kitchen, and new HVAC installed in 2024.
Where is this live-work space located?
The property is located at 1400 Pearman Dairy Road Anderson, SC.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: 1200 SF home on 28 Bypass in Anderson with residential or commercial use potential; Currently zoned commercial; could remain commercial or be eligible for rezoning to residential (per listing remarks); 3 bedrooms and 1.5 bathrooms with layout suited for living, office, or live‑work use
