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    4495 Palmetto St Florence, SC 29506

    Sponsored
    For Sale
    $175,000

    1.52 Acres, High Visibility, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.52-acre commercial land parcel presents a remarkable investment opportunity in Florence, South Carolina. Located at 4495 E. Palmetto Street, this property boasts nearly 300 feet of road frontage, ensuring exceptional visibility for any business. Its strategic location near Francis Marion University positions it within a rapidly growing area, offering endless development possibilities. The property's zoning (not specified) allows for a variety of commercial uses, making it ideal for entrepreneurs and investors seeking a high-impact location. The 29506 zip code offers convenient access to major transportation routes and amenities. The expansive lot size provides ample space for construction and development, catering to a wide range of commercial projects. This prime location, combined with its significant road frontage and proximity to Francis Marion University, makes this property an exceptional opportunity for significant return on investment. Serious inquiries are encouraged to explore the potential of this valuable asset. The asking price is $175,000.

    Property Features for 4495 Palmetto St

    General Information

    Property type
    Land
    Lot Size
    66,211 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Clothing Store Gym & Fitness Cafe & Coffee Shop Convenience Store Daycare Center Smoke and Vape Shop Shoe 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
    -79.664635297888
    Latitude
    34.196542312457

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    FAQs

    What type of property is this?
    Land - 1.52 Acres, High Visibility, Prime Location
    Where is this land located?
    The property is located at 4495 Palmetto St Florence, SC.
    What is the asking price?
    The asking price for this property is $175,000.
    Request Owner's contact information
    4495 Palmetto St Florence, SC 29506
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    Florence, SC 29506
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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
    4495 Palmetto St Florence, SC 29506
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