605 S Dargan St, Florence, SC 29506
Mixed-use property, previously commercial, next to medical staffing business.
- Added:
- Dec 6, 2023
- Days on Market:
- 936
- Last Refresh:
- May 19 at 8:44 pm
Property Features for 605 S Dargan St
General Information
- Standard status
- Active
- Size
- 3,764 SF
- Lot size
- 0.47 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1930
Listing office Home Sales of Florence (843) 621-4628
Listing date Dec 6, 2023
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Home Sales of Florence
HighLights
- Great Location!
- Previously used for commercial purposes.
- Located next door to a medical staffing business.
- Currently occupied as a home by owner.
- Year Built: 1930.
- Building in the rear of the property is not included in the square footage.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.7k | $13.20 |
| − Vacancy | −$5.0k | −$1.32 |
| EGI | $44.7k | $11.88 |
| − OpEx | −$16.8k | −$4.46 |
| NOI | $27.9k | $7.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Florence
- State
- South Carolina
- Longitude
- -79.7656
- Latitude
- 34.1879
