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    Palmetto St Florence, SC 29501

    For Sale
    $1,250,000

    Prime 5-acre commercial site, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in the thriving West Florence area of South Carolina. Strategically located on West Palmetto Street, this property boasts over 390 linear feet of road frontage along a major highway, ensuring unparalleled visibility and accessibility. The site enjoys an enviable location just two miles east of the I-95 interchange on Highway 76 and two miles west of the busy 5-points intersection, guaranteeing high traffic volume. With an Annual Average Daily Traffic (AADT) count exceeding 24,000 vehicles, this location offers unmatched exposure for any commercial venture. The property is zoned for commercial use and features all usable acreage. Utilities are readily available at or near the site, simplifying development and minimizing upfront costs. The property's APN is 00100-01-109. This prime location, combined with its significant size and high traffic count, makes this a truly exceptional opportunity for developers and investors seeking a high-impact commercial presence in a rapidly growing market. The asking price for this exceptional property is $1,250,000. Don't miss this chance to secure a prominent position in a bustling commercial corridor.

    Property Features for 0 Palmetto St

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre usable commercial lot.
    • Commercially zoned.
    • Utilities readily available.
    • 390+ feet of road frontage.
    • 24,000 AADT traffic count.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.83822822191
    Latitude
    34.173234613183

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial site, high traffic area.
    Where is this land located?
    The property is located at Palmetto St Florence, SC.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 5-acre usable commercial lot.; Commercially zoned.; Utilities readily available.
    (803) 603-3738
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    Palmetto St 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
    Palmetto St Florence, SC 29501
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