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    2400 2Nd Loop Rd Florence, SC 29501

    Sponsored
    For Sale
    $285,000

    1,829 SF Office, High Traffic Area

    Property size:
    1,829 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-tenant office building, located at 2400 2nd Loop Rd, Florence, SC 29501, offers 1,829 square feet of space in a prime location. The property sits on a 0.61-acre lot and includes a separate 480 square foot masonry block storage building. Built in 1952, the building features two restrooms, a break room/kitchen, a reception area, four private offices, and a mechanical room. It is ADA compliant and currently 100% occupied by a professional counseling tenant under a lease expiring January 1, 2027. The property boasts ample parking with six designated spaces, a concrete driveway, and a covered carport. The location on the corner of Second Loop Road and South Westminster Road benefits from high traffic volume (30,700 vehicles daily). The property is zoned Florence County B3. This is a fantastic opportunity for investors seeking a well-maintained, income-producing asset in a desirable location. The asking price is $285,000. The property's APN is 90020-04-003.

    Property Features for 2400 2Nd Loop Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,829 SF
    Lot Size
    26,572 SF

    Building Details

    Year Built
    1952
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Two restrooms and a break room/kitchen.
    • Reception area and four private offices.
    • Mechanical room; ADA compliant.
    • ±0.61‑acre lot with masonry block storage building and landscaping; Florence County B3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    CW Counseling and Consulting Mental Health Service Travis L Matthews ... Tax Preparation Service Travis L Matthews ... Accountant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.808781217812
    Latitude
    34.175286854205

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    FAQs

    What type of property is this?
    Office Property / Space - 1,829 SF Office, High Traffic Area
    Where is this office property / space located?
    The property is located at 2400 2Nd Loop Rd Florence, SC.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Two restrooms and a break room/kitchen.; Reception area and four private offices.; Mechanical room; ADA compliant.
    (843) 667-4999
    Request Owner's contact information
    2400 2Nd Loop 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
    2400 2Nd Loop Rd Florence, SC 29501
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