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    1685 Pearman Dairy Rd Anderson, SC 29625-2009
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    Property profile & analytics

    1685 Pearman Dairy Rd Anderson, SC 29625-2009


    • Commercial land
    • 3.58 lot acres
    Off-Market
    Last Sale Dec 6, 2024
    Property ID
    US77-1996109
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Circle K / Grocery & Convenience Store

    Property Details for 1685 Pearman Dairy Rd

    Lot size
    3.58 lot acres
    Property type
    Commercial land
    APN
    094-00-07-006
    APU
    940007006

    Description

    This exceptional investment opportunity presents a brand-new, 2024-built Circle K gas station in Anderson, South Carolina. Boasting a prime location at a four-way signalized intersection on Pearman Dairy Road (approx. 22,500 VPD) and Old Pearman Dairy Road (approx. 8,100 VPD), this property offers excellent visibility and accessibility. The 3,800 square foot facility sits on a substantial 3.58-acre lot, featuring 5 MPDs/10 hoses and a separate diesel canopy with 3 MPDs. The property benefits from multiple points of ingress and egress, and its proximity to Clemson University (approximately 10 miles) and a newly constructed apartment complex ensures consistent high traffic. The strong tenant, a major Circle K franchisee with a 30+ year operating history and over 200 units across six states, is under a rare 20-year absolute triple-net (NNN) lease with four 5-year renewal options and annual 1.5% rent escalations, providing an excellent inflation hedge. The current NOI is $404,054, resulting in a 6.30% cap rate on the $6,413,555 asking price. This represents a compelling investment opportunity in a rapidly growing market, with the Greenville, SC MSA projected to add nearly 80,000 people by 2027. The property's 100% occupancy and strong lease terms make it an attractive addition to any portfolio. Tax advantages are available through accelerated and bonus depreciation due to fee simple ownership.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.7003
    Latitude
    34.544
    CBSA code
    24860
    CBSA name
    GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,382
    $59,930
    $0.00
    $59,930
    -
    $0.00
    $0.00
    $998,780
    More about this property
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