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Property profile & analytics
OFF-MARKET
Commercial real estate

4617 4617 Palmetto St Florence, SC 29506

7,700 SF 1.08 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional 7,700 square foot commercial property presents a unique redevelopment opportunity in Florence, South Carolina. Strategically located near Francis Marion University, this 1.08-acre site offers significant upside potential for a variety of uses. The existing building, previously utilized as a restaurant and convenience store, provides a solid foundation for a range of ventures. Imagine transforming this space into a thriving retail establishment, a popular restaurant catering to students and the local community, or even a modern student apartment complex. The possibilities are virtually limitless. The property is being sold "as is," allowing for complete creative control over the renovation and repurposing process. Given its prime location and substantial size, this property represents a compelling investment for those seeking a high-return project with considerable flexibility. The existing structure offers a significant cost advantage over starting from the ground up, while the proximity to Francis Marion University ensures a readily available customer base. This is an exceptional chance to capitalize on a dynamic market and create a successful commercial enterprise. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. The property is offered at $275,000.

Property profile
Verified
Property type Commercial real estate
Year built 1985
Total area 7,700 SF
Lot 1.08 ac (47,045 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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