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    3102 Hoffmeyer Rd Florence, SC 29501

    For Sale
    $1,500,000

    High-traffic location, excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4.124-acre commercial land parcel is ideally situated in Florence, South Carolina, near the intersection of Hoffmeyer Road and Ebenezer Road. Boasting a high-traffic count that increases annually, this property presents a compelling investment opportunity. The asking price for the entire 4.124-acre tract is $1,500,000, or individual acre purchases are available starting at $300,000 per acre, with a price range of $300,000 to $450,000 per acre depending on the acreage purchased. The property is zoned for commercial use, although some limitations apply. Public sewer access is projected for completion by the end of 2024, further enhancing the property's development potential. Located at 3102 Hoffmeyer Rd, Florence, SC 29501, this property is owned by T&N LLC and is offered for sale by owner. The property is conveniently located in Florence County and offers significant advantages for businesses seeking a high-visibility location with strong growth prospects. Serious inquiries are encouraged.

    Property Features for 3102 Hoffmeyer Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Refuel Convenience Store Fastrack Convenience Store DigitalMint Bitcoin ATM Atm LibertyX Bitcoin ATM Atm Shell Car Wash

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Auto Repair Shop Nail Salon Clothing Store Hotel & Motel Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.841387459165
    Latitude
    34.207512844372

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    FAQs

    What type of property is this?
    Land - High-traffic location, excellent development potential.
    Where is this land located?
    The property is located at 3102 Hoffmeyer Rd Florence, SC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    Request Owner's contact information
    3102 Hoffmeyer Rd 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
    3102 Hoffmeyer Rd Florence, SC 29501
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