Located at 323 Pearman Dairy Road in Anderson, South Carolina, this prime 3. 35-acre parcel presents an exceptional opportunity for retail or commercial development. Strategically positioned along the bustling Highway 28 Bypass, the property boasts approximately 265 feet of frontage, ensuring high visibility to the daily traffic count of close to 30, 000 vehicles. The surrounding area is a vibrant commercial corridor featuring a mix of national retailers, diverse restaurants, and various small businesses, reflecting the region's economic vitality. Notably, the site is situated directly in front of Tri-County Technical College, enhancing its appeal due to the steady influx of students and faculty. Additionally, the property's proximity to Anderson University, Westside High School, and numerous multifamily and single-family residences further underscores its potential to attract a broad customer base. Offered at $499, 000, this unzoned land provides flexibility for developers and investors to tailor the site to various commercial ventures. The combination of its strategic location, significant frontage, and the area's dynamic growth makes 323 Pearman Dairy Road a compelling prospect for those seeking to capitalize on Anderson's expanding commercial landscape.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 7.075% | 6.172% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,589 | $2,622 | $3,342 |
Total Monthly Payment | $2,664 | $2,697 | $3,417 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.