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    187 E Evans St Florence, SC 29506

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    For Sale
    $12,000,000

    Office building in downtown Florence with investment and value-add potential.

    Property size:
    119,567 SF
    Lot size:
    3.29 Acres

    Property Features for 187 E Evans St

    General Information

    Size
    119,567 SF
    Lot size
    3.29 Acres

    Source: Colliers | Columbia Agent Matthew Pollard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Florence Business Technology Center

    The Florence Business Technology Center is located in downtown Florence, offering convenient access to I-95 and I-20. This property represents an investment opportunity, featuring an office building available below replacement cost, with an attractive initial yield and value-add potential. The local economy is driven by healthcare, technology, and education. Ongoing investments, infrastructure improvements, and downtown revitalization are intended to promote job growth, potentially making the city more attractive to businesses and residents. The property contains 119567 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply 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
    -79.7680165
    Latitude
    34.1973852

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    FAQs

    What type of property is this?
    Office building - Office building in downtown Florence with investment and value-add potential.
    Where is this office building located?
    The property is located at 187 E Evans St Florence, SC.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - Convenient downtown Florence location with easy access to I-95 and I-20.; - Strong investment opportunity with attractive initial yield.; - Available below replacement cost.
    (803) 254-2300
    Request Owner's contact information
    187 E Evans St Florence, SC 29506
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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
    187 E Evans St Florence, SC 29506
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