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Florence Industrial Value-Add Opportunity
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307 W Lucas St, Florence, SC 29501

Industrial property on 3 acres near Hwy 52 and I-95.

Property SizeContact for details
Lot Size3.00 Acres
Days on Market121

Property Features for 307 W Lucas St

General Information

Standard status Active
Lot size 3.00 Acres
Property subtype Industrial
Listing Agency: Colliers - Charleston, South Carolina
Listed By: Jon-Michael Brock · License #95977
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 3:11PM

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 Colliers - Charleston, South Carolina

Investment Insights

Based on property information with market context.

The property at 307 W Lucas St, Florence, SC, presents a value-add industrial opportunity in an infill location. Situated on 3 acres, the building has undergone multiple expansions. Capital expenditures will be required for the roof and electrical systems. The building occupies 2 acres and is offered at a specific price, with an additional 1-acre laydown yard available separately. The property's layout allows for potential subdivision and transition into a multi-tenant flex building, suitable for local suppliers. Its location offers close proximity to Hwy 52 and Interstate 95.

Key Highlights

  • Infill location in Florence, SC
  • Value‑add industrial opportunity
  • Potential for subdivision into a multi‑tenant flex building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store Parking Lot & Garage Garden Center Skin Care Clinic (Bike/Boat/Book/etc) 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

194
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Similar Off Market Nearby

  • DAYS BOYZ BBQ W Sumter St, Florence, SC 29501
  • Notch 8 Catering 126 W Evans St, Florence, SC 29501

Frequently Asked Questions

What type of property is this?
Flex space - Industrial property on 3 acres near Hwy 52 and I-95.
Where is this flex space located?
The property is located at 307 W Lucas St Florence, SC.
What are key features of this property?
This property features: Infill location in Florence, SC; Value‑add industrial opportunity; Potential for subdivision into a multi‑tenant flex building
(843) 203-1056 Call to check price and availability
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