Technical
Financial
Distress signals
Property profile

1475 Pearman Dairy Rd Anderson, SC 29625

FOR SALE
Warehouses
Property ID
US77-0295631
60,762 SF 7.09 ac lot Built 1997
Entity Owned ~ Est. High Equity
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For Sale
Contact for pricing 60,762 SF
1475 Pearman Dairy Rd, Anderson, SC 29625
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Property summary

AI-generated overview

This fully occupied, 9,600 square foot retail shopping center in Anderson, South Carolina, presents a compelling investment opportunity. Priced at $1,150,000, it boasts a strong 7.29% cap rate and a substantial net operating income of $87,508.95. The property comprises three units on a 2.65-acre lot, offering ample parking. Tenants include La Fogata Restaurant (leased until 10/31/2027), Razor's Edge Barber (leased until 2/28/2027), and The Social Trap (leased until 2/28/2025), ensuring consistent cash flow. Its strategic location less than five minutes from Interstate 85 and approximately 3.8 miles from downtown Anderson provides excellent visibility and accessibility. The surrounding area features a robust demographic profile, with a 5-mile radius encompassing a population of 68,150, 27,677 households, and an average household income of $68,818. High traffic counts of 23,200 vehicles per day further enhance the property's appeal. This retail center offers a blend of strong tenant occupancy, favorable location, and impressive financial performance, making it an ideal addition to any investment portfolio.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1997
Total area 60,762 SF
Lot 7.09 ac (308,840 SF)
APN 095-00-09-007
UPID US77-0295631

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Storage Facility
  • Barber Shop
  • Bar & Pub
  • Gym & Fitness Center

Location

1475 Pearman Dairy Rd Anderson, SC 29625
Anderson metro Census 12001 GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.88M
CAP Approach CAP
$7.95M
Comparable Approach Comparable
$5.61M
Blend (final) Blend
$7.88M

Owner & transaction history

since 2025
Last sale
$7.2M
7 recorded transactions
2025
$1.1M
2024
$7.2M
2023
$7.2M
2022
$1.1M
2022
Price N/A
2021
$650,000
2020
$390,000

Zoning & alternative use

Top alternative use upside
Office building $11.5M +177.4%
Restaurant $9.6M +130.4%
Commercial (general) $7.4M +78.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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