Light Industrial
For Sale
Contact for pricing
154 Lawson Street, Florence, SC 29501
Light industrial zoning, water and sewer access, and drive-in loading support warehouse operations.
Property Size7,500 SF
Price / SF$76.67
Days on Market178
Property Features for 154 Lawson Street
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Industrial
Building Details
Buildings
1
Listing Agency:
Palmetto Commercial
Listed By:
David Tedder · License #SC 47763
(843) 667-4999
Source:
Crexi
Added: Apr 22
Changed: Oct 11
Last Checked: Oct 14 at 10:44PM
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 Palmetto Commercial
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Investment Insights
Based on property information with market context.
This ±7,500 SF warehouse occupies a ±1.52-acre site in Florence and carries Light Industrial zoning. The property includes two drive-in doors, a covered outdoor storage rack, and a lot enclosed by fencing with gated entry. Water and sewer access are available, supporting the site’s existing commercial use.
The property is located at 154 Lawson Street, less than one mile from Downtown Florence. Its position within the city provides access to surrounding commercial and industrial areas, while the secured outdoor area adds functional storage capacity beyond the building itself.
The property is located at 154 Lawson Street, less than one mile from Downtown Florence. Its position within the city provides access to surrounding commercial and industrial areas, while the secured outdoor area adds functional storage capacity beyond the building itself.
Key Highlights
- ±7,500 SF warehouse on a ±1.52‑acre lot
- Light Industrial zoning in the City of Florence
- Two drive‑in doors for warehouse access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,686
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,720
$953.7K
Cap Rate 7%
$681,229
$681.2K
Cap Rate 9%
$529,844
$529.8K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$58.5K $7.80/SF
− Vacancy
−$2.4K −$0.32/SF
EGI
$56.1K $7.48/SF
− OpEx
−$8.4K −$1.12/SF
NOI
$47.7K $6.36/SF
Area
Florence County, SC
Vacancy
4.10%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,720
Cap Rate 7%
$681,229
Cap Rate 9%
$529,844
Alternative Uses
Best Use
Warehouse
$681.2K
$596.1K – $794.8K
NOI $47,686 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$967.5K – $1.29M
NOI $77,400 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29501, SC
46,528
Population
20,713
Households
2.2
Avg Household Size
40
Median Age
33%
College-Educated
93%
High-School Grad
52.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,618
Median Household Income
$46,246
Median Earnings
$995
Median Rent
$220,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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- International Fibre Resources — 155 W Darlington St, Florence, SC 29501
- U-Haul Climate Controlled Self-Storage — Florence, SC 29501
Frequently Asked Questions
What type of property is this?
Warehouse - Light industrial zoning, water and sewer access, and drive-in loading support warehouse operations.
Where is this warehouse located?
The property is located at 154 Lawson Street Florence, SC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: ±7,500 SF warehouse on a ±1.52‑acre lot; Light Industrial zoning in the City of Florence; Two drive‑in doors for warehouse access
