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Florence Commercial Development Opportunity
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2621 West Palmetto Street, Florence, SC 29501

4.54 acre commercial parcel on high-traffic corridor.

Property SizeContact for details
Lot Size4.54 Acres
Days on Market93

Property Features for 2621 West Palmetto Street

General Information

Standard status Active
Lot size 4.54 Acres
Property subtype Land
Listing Agency: PLC Commercial
Listed By: Ken Jackson, CCIM · License #15017
Source: Crexi
Added: May 12 Changed: Aug 8 Last Checked: Aug 10 at 3:44PM

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 PLC Commercial

Investment Insights

Based on property information with market context.

This 4.54 acre parcel is a commercial development opportunity located on West Palmetto Street in Florence, South Carolina, a high-traffic corridor. The site benefits from existing infrastructure and engineered stormwater management, potentially reducing development time and pre-development costs. Zoned B-3 by the City of Florence, the property is suitable for a variety of uses. The front portion of the site, which fronts directly on West Palmetto Street, is suited for quick-service restaurant drive-throughs, retail pads, or a small-bay strip center. The rear acreage, benefiting from natural depth and buffering from adjacent residential areas, is suitable for multifamily apartments or townhomes, offering a mixed-use development opportunity within a single land parcel. West Palmetto Street (US-76) serves as Florence's primary commercial corridor, connecting the city's west side retail areas to downtown and I-95. The surrounding area features strong national and regional retail co-tenancy. Dense residential neighborhoods to the north and east provide a built-in consumer base.

Key Highlights

  • High‑traffic location on W. Palmetto Street (US‑76), Florence's primary commercial corridor.
  • City of Florence B‑3 zoning allows for diverse commercial and residential development options.
  • Stormwater engineered and infrastructure in place, reducing development time and pre‑development costs.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Storage Facility Furniture & Home Goods Parking Lot & Garage Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 4.54 acre commercial parcel on high-traffic corridor.
Where is this commercial land located?
The property is located at 2621 West Palmetto Street Florence, SC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High‑traffic location on W. Palmetto Street (US‑76), Florence's primary commercial corridor.; City of Florence B‑3 zoning allows for diverse commercial and residential development options.; Stormwater engineered and infrastructure in place, reducing development time and pre‑development costs.
(843) 229-3903 Call to check price and availability
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