Vacant Convenience Store and Gas
4011 E Palmetto St Florence, SC 29506
For Sale
Contact for pricing
Vacant 2,957 SF c-store paired with a 76-branded gas station at 4011 E Palmetto St in Florence, SC.
Property Size2,957 SF
Price / SF$268.88
Days on Market156
Property Features for 4011 E Palmetto St
General Information
- Standard status
- Active
- Size
- 2,957 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Listing Agency:
Matthews
Listed By:
Andrew Ivankovich · License #TX 678815
Source:
Crexi
Added: Feb 18
Changed: Jul 23
Last Checked: Jul 23 at 4:31PM
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 Matthews
Investment Insights
Based on property information with market context.
Matthews Real Estate is pleased to offer for sale a vacant convenience store and 76-branded gas station. The property includes a 2,957 SF c-store and operates as a branded gas station with the 76 brand.
The asset is located at 4011 E Palmetto St in Florence, South Carolina, on a commercial corridor.
This offering is presented as ready for a new operator to take over the existing c-store and branded gas station configuration.
The asset is located at 4011 E Palmetto St in Florence, South Carolina, on a commercial corridor.
This offering is presented as ready for a new operator to take over the existing c-store and branded gas station configuration.
Key Highlights
- ±2,957 SF vacant C‑store and 76‑branded gas station for sale
- Located at 4011 E Palmetto St in Florence, SC
- Property built in 1987
Financial Insights For Specialty Retail
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 | $41.5k | $14.04 |
| − Vacancy | −$1.7k | −$0.58 |
| EGI | $39.8k | $13.46 |
| − OpEx | −$10.0k | −$3.37 |
| NOI | $29.9k | $10.10 |
2,957 SF · lease $14.04/SF/yr · vacancy 4.10% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$426.6K
$373.3K – $497.7K
NOI $29,861 @ 7.0% cap · market cap 3.76%
Second Best
Retail
$302.7K
$264.9K – $353.2K
NOI $21,190 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$435.9K
$381.5K – $508.6K
NOI $30,516 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
76
Gas Station
Petromart Convenience store
Gas Station
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FAQs
What type of property is this?
Gas station - Vacant 2,957 SF c-store paired with a 76-branded gas station at 4011 E Palmetto St in Florence, SC.
Where is this gas station located?
The property is located at 4011 E Palmetto St Florence, SC.
What is the asking price?
The asking price for this property is $795,072.
What are key features of this property?
This property features: ±2,957 SF vacant C‑store and 76‑branded gas station for sale; Located at 4011 E Palmetto St in Florence, SC; Property built in 1987
