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    450 Cashua Dr Florence, SC 29501

    Sponsored
    For Sale
    $799,000

    3.78-acre commercial lot, I-95 proximity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.78-acre commercial property, located at 450 N Cashua Drive, presents a remarkable development opportunity. Situated on a major commercial thoroughfare, just two miles from Interstate 95 and boasting a daily traffic count of 18,800 vehicles, this level and cleared lot offers unparalleled visibility and accessibility. The property is zoned for General Commercial use, with the possibility of multifamily development. Utilities are readily available, including a 12-inch water main with manhole, sewer, natural gas, and a fire hydrant on-site. Its strategic location within a "QCT zone" places it in close proximity to a variety of established businesses and amenities, including Carolina Centers for Sight, an ambulatory surgery center, Fresenius Dialysis Center, Nucor Steel, multiple shopping centers, grocery stores, a hospital, and an elementary school. Several car dealerships are also located nearby. This prime location offers excellent potential for a diverse range of commercial developments, capitalizing on the high traffic volume and established infrastructure. The asking price for this exceptional property is $799,000. Private ownership is offered.

    Property Features for 450 Cashua Dr

    General Information

    Property type
    Land
    Lot Size
    164,657 SF

    HighLights

    • 3.78‑acre commercial lot at 450 N Cashua Drive, ideal for development.
    • High visibility location on major commercial thoroughfare, two miles from I‑95, with 18,800 daily traffic count.
    • General Commercial zoning, allowing for multifamily development potential.
    • Utilities readily available (12‑inch water main, sewer, gas, fire hydrant).
    • Prime location in a QCT zone, near various businesses, including medical facilities, retail, and Nucor Steel.
    • Asking price: $799,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.7988023
    Latitude
    34.201872

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    FAQs

    What type of property is this?
    Land - 3.78-acre commercial lot, I-95 proximity.
    Where is this land located?
    The property is located at 450 Cashua Dr Florence, SC.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 3.78-acre commercial lot at 450 N Cashua Drive, ideal for development.; High visibility location on major commercial thoroughfare, two miles from I-95, with 18,800 daily traffic count.; General Commercial zoning, allowing for multifamily development potential.
    Request Owner's contact information
    450 Cashua Dr 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
    450 Cashua Dr Florence, SC 29501
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