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    Palmetto St Florence, SC 29501

    For Sale
    Contact for pricing

    High-traffic I-95 location, subdivisible land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 7.99-acre commercial land parcel presents a prime investment opportunity in Florence, South Carolina. Strategically located near I-95 Exit 157, this unzoned property boasts unparalleled visibility and accessibility, situated amongst established businesses including McDonald's, Waffle House, and several hotels. The recent announcement of a $3.2 billion battery plant bringing 2,700 jobs to the area, coupled with the impending arrival of a QuikTrip truck stop and a new Publix, underscores the significant growth potential of this location. The land is cleared and utilities are available, making it ideal for immediate development. Priced at $250,000 per acre, this almost 8-acre tract is subdivisible, offering flexibility for various commercial ventures. Potential uses include hotels, restaurants, and strip malls or plazas, catering to the high volume of traffic from I-95. This is a rare chance to secure a prominent position in a rapidly expanding commercial corridor. Don't miss this opportunity to capitalize on the burgeoning economic growth in Florence, South Carolina.

    Property Features for 0 Palmetto St

    General Information

    Property type
    Land
    Lot Size
    348,044 SF

    HighLights

    • Almost 8 acres of subdivisible land, priced at $250,000 per acre.
    • Unzoned parcel offering development flexibility.
    • Utilities available on‑site.
    • Cleared and ready for immediate development.
    • Ideal for hotels, restaurants, or a strip mall/plaza.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.883911369338
    Latitude
    34.152641878466

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    FAQs

    What type of property is this?
    Land - High-traffic I-95 location, subdivisible land.
    Where is this land located?
    The property is located at Palmetto St Florence, SC.
    What are key features of this property?
    This property features: Almost 8 acres of subdivisible land, priced at $250,000 per acre.; Unzoned parcel offering development flexibility.; Utilities available on-site.
    (843) 260-9714
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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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