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    181 181 Palmetto Florence, SC 29506

    For Sale
    $520,000

    High-traffic location, 3900 sq ft.

    Property size:
    3,900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property, located at 181 E. Palmetto Street in Florence, South Carolina, offers 3,900 square feet of versatile space ideal for a variety of businesses. The property's strategic location provides excellent visibility and accessibility, with convenient access from both Palmetto Street and Cheves Street, leading to Railroad Avenue. The sale includes the adjacent land lot at 199 E. Palmetto Street, expanding the potential uses and development opportunities. The building itself presents a blank canvas, ready for customization to suit the specific needs of a new owner. Its substantial size allows for ample space for operations, storage, or a combination of both. The high-traffic location ensures significant exposure to potential customers, making it an attractive investment for businesses seeking a prominent presence in the Florence market. The inclusion of the additional land lot at 199 E. Palmetto Street offers further flexibility, allowing for expansion, parking, or outdoor amenities. This property represents a rare opportunity to acquire a well-situated commercial space with significant growth potential in a thriving South Carolina community. The asking price is $520,000.

    Property Features for 181 181 Palmetto

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,900 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grace Cathedral Church

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -79.76398
    Latitude
    34.19411

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 3900 sq ft.
    Where is this commercial real estate located?
    The property is located at 181 181 Palmetto Florence, SC.
    What is the asking price?
    The asking price for this property is $520,000.
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    Florence, SC 29506
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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
    181 181 Palmetto Florence, SC 29506
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