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    1247 Lucas St Florence, SC 29501

    For Sale
    $460,000

    1.127 Acres, Prime Location, B3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.127-acre commercial land parcel presents a unique investment opportunity in Florence, South Carolina. Strategically located at the intersection of West Lucas Street (US-52) and Mechanicsville Road, this property boasts significant road frontage: approximately 192.7 feet on Lucas Street and 159.88 feet on Mechanicsville Road. The site is zoned Florence County B3, making it suitable for a variety of commercial uses. Its prime location offers easy accessibility and high visibility, benefiting from an established commercial sector and proximity to Interstate 95 (approximately 1.1 miles). The property's high traffic count, with approximately 19,100 vehicles per day passing by, ensures substantial exposure for any business. Water and sewer services are readily available, simplifying development plans. This is an ideal site for businesses seeking a high-traffic, easily accessible location in a thriving commercial area. The asking price is $460,000.

    Property Features for 1247 Lucas St

    General Information

    Property type
    Land
    Lot Size
    49,092 SF

    HighLights

    • 1.127‑acre commercial lot in Florence, SC, ideally situated at the intersection of US‑52 (West Lucas Street) and Mechanicsville Road.
    • Significant road frontage: ~193' on US‑52 and ~160' on Mechanicsville Road.
    • Zoned B3 (Florence County), allowing for diverse commercial development.
    • High visibility and accessibility, with ~19,100 vehicles per day (VPD) and proximity to I‑95 (approx. 1.1 miles).
    • Water and sewer readily available.
    • Asking price: $460,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.789746600593
    Latitude
    34.22186866385

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    FAQs

    What type of property is this?
    Land - 1.127 Acres, Prime Location, B3 Zoning
    Where is this land located?
    The property is located at 1247 Lucas St Florence, SC.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: 1.127-acre commercial lot in Florence, SC, ideally situated at the intersection of US-52 (West Lucas Street) and Mechanicsville Road.; Significant road frontage: ~193' on US-52 and ~160' on Mechanicsville Road.; Zoned B3 (Florence County), allowing for diverse commercial development.
    Request Owner's contact information
    1247 Lucas St Florence, SC 29501
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    Florence, SC 29501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1247 Lucas St Florence, SC 29501
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