Restaurant Facility For
For Sale
Contact for pricing
1513 Pamplico Hwy, Florence, SC 29505
Restaurant facility with equipment included, southeast of Florence, SC.
Property Size4,682 SF
Lot Size1.48 Acres
Price / SF$121.53
Days on Market910
Property Features for 1513 Pamplico Hwy
General Information
Standard status
Active
Size
4,682 SF
Lot size
1.48 Acres
Property subtype
Retail
Building Details
Year Built
1955
Buildings
2
Stories
1
Listing Agency:
Curl & Carmon Real Estate, LLC
Listed By:
Rich Carmon · License #5457
Source:
Crexi
Added: Apr 23, 2024
Changed: Oct 9
Last Checked: Oct 16 at 8:18AM
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 Curl & Carmon Real Estate, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located just southeast of Florence, South Carolina, this property features a family-style restaurant facility. The site encompasses 1.48 acres and includes a 3,472-square-foot restaurant building along with a detached 1,210-square-foot cookhouse. The combined area of the buildings is 4,682 square feet. The price includes restaurant equipment.
Key Highlights
- Family style restaurant facility
- Includes restaurant equipment
- Total building area of 4,682 SF (3,472 SF restaurant + 1,210 SF cookhouse)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,280
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,600
$945.6K
Cap Rate 7%
$675,429
$675.4K
Cap Rate 9%
$525,333
$525.3K
Market Conditions
NOI Build-Up for 4,682 SF
Gross rent
$65.7K $14.04/SF
− Vacancy
−$2.7K −$0.58/SF
EGI
$63.0K $13.46/SF
− OpEx
−$15.8K −$3.37/SF
NOI
$47.3K $10.10/SF
Area
Florence County, SC
Vacancy
4.10%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,600
Cap Rate 7%
$675,429
Cap Rate 9%
$525,333
Alternative Uses
Best Use
Specialty Retail
$675.4K
$591.0K – $788.0K
NOI $47,280 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$690.3K
$604.0K – $805.3K
NOI $48,318 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
8,555 visits/mo
0.0 miles
Shell
Shops & Services
4,090 visits/mo
0.3 miles
Storage Rentals of America
Shops & Services
348 visits/mo
0.2 miles
Demographics for 29505, SC
25,269
Population
10,647
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
50.9 sq mi
ZIP Area
496
Density / Sq Mi
$64,194
Median Household Income
$40,594
Median Earnings
$1,084
Median Rent
$174,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant facility with equipment included, southeast of Florence, SC.
Where is this conventional restaurant located?
The property is located at 1513 Pamplico Hwy Florence, SC.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Family style restaurant facility; Includes restaurant equipment; Total building area of 4,682 SF (3,472 SF restaurant + 1,210 SF cookhouse)
