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    1617 Lucas St Florence, SC 29501

    Sponsored
    For Sale
    $600,000

    5.25-acre lot, ideal for various uses

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 5.25-acre commercial/industrial lot in Florence, South Carolina, presents a unique investment opportunity. Located at 1617 W Lucas St, Florence, SC 29501, this fee-simple property boasts a highly desirable B-3 zoning. Its flat terrain and convenient access to utilities make it exceptionally versatile. The seller is open to owner financing, adding to its appeal. High traffic counts on Lucas Street and proximity to Highway 52 and I-95 (Exit 164) ensure excellent visibility and accessibility. The property is not located in a flood zone and is adjacent to a car dealership, offering further advantages. With an estimated 18,400-21,000 vehicles passing daily on US 52, this location is perfect for high-traffic businesses. The site's size and zoning make it suitable for a variety of uses, including self-storage, retail, hotel development, or a lay-down yard. A 50-60 foot right-of-way provides convenient access. The asking price is $600,000.

    Property Features for 1617 Lucas St

    General Information

    Property type
    Land
    Lot Size
    228,690 SF

    HighLights

    • 5.25‑acre commercial/industrial lot in Florence, SC.
    • Located at 1617 W Lucas St, Florence, SC 29501, with B‑3 zoning.
    • Flat terrain, convenient utility access, and owner financing available.
    • High visibility and accessibility due to high traffic counts on US 52 and proximity to I‑95 (Exit 164).
    • Not in a flood zone, adjacent to a car dealership, and suitable for various uses including self‑storage, retail, or a lay‑down yard.
    • Asking price: $600,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mc Call & Blackmon ... Sheet Metal Contractor Level Night Club Cheetahs Gentlemen's Club Night Club

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store Nail Salon 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
    -79.792606842843
    Latitude
    34.224339965722

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    FAQs

    What type of property is this?
    Land - 5.25-acre lot, ideal for various uses
    Where is this land located?
    The property is located at 1617 Lucas St Florence, SC.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 5.25-acre commercial/industrial lot in Florence, SC.; Located at 1617 W Lucas St, Florence, SC 29501, with B-3 zoning.; Flat terrain, convenient utility access, and owner financing available.
    Request Owner's contact information
    1617 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
    1617 Lucas St Florence, SC 29501
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