Live-Work Property with Detached
For Sale
$225,000
155 Farrs Bridge Rd, Pickens, SC 29671
Two-bedroom residence with a separate shop and covered area supports combined personal and commercial use.
Property Size1,500 SF
Lot Size0.47 Acres
Price / SF$150
Days on Market85
Property Features for 155 Farrs Bridge Rd
General Information
Standard status
Active
Size
1,500 SF
Lot size
0.47 Acres
Taxes and HOA fees
Annual Taxes
$894
Building Details
Building Size
1,500 SF
Listing Agency:
Real Local/Real Broker, LLC
(864) 710-8942
Listed By:
Andrew Campbell · License #141636
(864) 710-8942
Source:
Exprealty
Added: May 13
Changed: Aug 3
Last Checked: Aug 3 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Local/Real Broker, LLC
Investment Insights
Based on property information with market context.
Located at 155 Farrs Bridge Rd in Pickens, this live-work property combines a 1954-built, two-bedroom, one-bath residence with a detached shop/garage. The additional structure contains approximately 1,500 square feet plus 600 square feet of covered area, creating substantial room for storage, projects, equipment, or an owner-operated business setup. The property includes a 0.47-acre lot with space identified for parking, expansion, and outdoor use.
The separate shop component gives the property a distinct commercial dimension while the existing residence provides an on-site living arrangement. The address is on Farrs Bridge Road in Pickens, South Carolina.
The separate shop component gives the property a distinct commercial dimension while the existing residence provides an on-site living arrangement. The address is on Farrs Bridge Road in Pickens, South Carolina.
Key Highlights
- Live‑work classification with a 1954‑built residence
- Two‑bedroom, one‑bath home
- Detached shop/garage with approximately 1, 500 square feet
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.0k | $18.00 |
| − Vacancy | −$2.2k | −$1.44 |
| EGI | $24.8k | $16.56 |
| − OpEx | −$9.3k | −$6.21 |
| NOI | $15.5k | $10.35 |
1,500 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$221.8K
$194.1K – $258.8K
NOI $15,525 @ 7.0% cap · market cap 6.90%
Second Best
Office B
$71.8K
$62.8K – $83.8K
NOI $5,027 @ 7.0% cap · market cap 2.23%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
Business Placement
Demographics for 29671, SC
18,615
Population
8,371
Households
2.2
Avg Household Size
45
Median Age
17%
College-Educated
87%
High-School Grad
132.3 sq mi
ZIP Area
141
Density / Sq Mi
$65,429
Median Household Income
$36,041
Median Earnings
$917
Median Rent
$202,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Two-bedroom residence with a separate shop and covered area supports combined personal and commercial use.
Where is this live-work space located?
The property is located at 155 Farrs Bridge Rd Pickens, SC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Live‑work classification with a 1954‑built residence; Two‑bedroom, one‑bath home; Detached shop/garage with approximately 1, 500 square feet
