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    1937 1937 Palmetto Florence, SC 29501

    For Sale
    $375,000

    Updated Bank Facility, 3000 sq ft, 0.72 acres

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 3,000-square-foot commercial building presents a rare opportunity in Florence, South Carolina. Formerly a bank, this well-maintained property boasts recently updated interior finishes, ensuring a move-in ready condition. Situated on a 0.72-acre lot zoned for general commercial use, the building offers ample surface-level parking both in front and behind. Its prime location on East Palmetto Street provides excellent visibility and accessibility. The property's proximity to downtown Florence adds to its appeal, with convenient access to I-95 (9 miles) and the Florence County Industrial Park East (6.5 miles). This is an ideal location for a variety of businesses seeking a high-profile presence in a thriving area. Note that an adjacent 10.85-acre parcel at the corner of East Palmetto Street and O'Brien Road is also available for purchase, presenting a unique opportunity for expansion or development. The asking price for this exceptional property is $375,000.

    Property Features for 1937 1937 Palmetto

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,000 SF
    Lot Size
    31,363 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Audible Visions, LLC. Home Theater Store The UPS Store Shipping And Mailing Service Lawn Doctor Landscaper AirPure Technologies Commercial Cleaning Service Southern Home Design Computer Service

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Food Market Bar & Pub Garden Center Discount Store Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.80779
    Latitude
    34.18844

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    FAQs

    What type of property is this?
    Commercial real estate - Updated Bank Facility, 3000 sq ft, 0.72 acres
    Where is this commercial real estate located?
    The property is located at 1937 1937 Palmetto Florence, SC.
    What is the asking price?
    The asking price for this property is $375,000.
    (843) 702-9685
    Request Owner's contact information
    1937 1937 Palmetto Florence, SC 29501
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    Florence, SC 29501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1937 1937 Palmetto Florence, SC 29501
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