2901 W Palmetto Street Florence, SC 29501
2600 SF residence on 1.6 acres, suitable for conversion.
Property Features for 2901 W Palmetto Street
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 1.60 Acres
- Property subtype
- Special Purpose
Listing office Coldwell Banker Commercial Seaboard McMillan
Listing date Feb 7, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- 1.6 acre site
- 2600 square foot residence
- Suitable for office conversion
Local Financial Insights For Office B
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 | $32.8k | $12.60 |
| − Vacancy | −$5.4k | −$2.08 |
| EGI | $27.4k | $10.52 |
| − OpEx | −$6.8k | −$2.63 |
| NOI | $20.5k | $7.89 |
Alternative Uses
Property Analytics
Current Use by Public Records
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