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    Us-76 Florence, SC 29506

    For Sale
    $1,750,000

    10.55 Acres, Mixed-Use Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10.55-acre commercial property boasts prime visibility and accessibility on US Highway 76 in Florence, South Carolina, zip code 29506. Located in Florence County, this mixed-use parcel offers a unique opportunity for a variety of development options, including grocery store, shopping center, or motel uses. The asking price is $1,750,000. The property's strategic location next to a Bojangles restaurant ensures high traffic counts and excellent visibility for any business. This lot, designated as Lot #3, presents a compelling investment opportunity due to its high traffic volume and convenient access. Additional acreage is available in the immediate vicinity

    Property Features for 0 Us-76

    General Information

    Property type
    Lifestyle centers
    Lot Size
    459,558 SF

    HighLights

    • 10.55‑acre commercial lot in Florence, SC (29506) on US Highway 76, asking $1,750,000.
    • Mixed‑use zoning allows for various development options, including retail and hospitality.
    • High visibility and traffic counts due to location adjacent to a Bojangles restaurant.
    • Excellent accessibility from US Highway 76.
    • Additional acreage available nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.6807
    Latitude
    34.197646

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    FAQs

    What type of property is this?
    Lifestyle center - 10.55 Acres, Mixed-Use Development Potential
    Where is this lifestyle center located?
    The property is located at Us-76 Florence, SC.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 10.55-acre commercial lot in Florence, SC (29506) on US Highway 76, asking $1,750,000.; Mixed-use zoning allows for various development options, including retail and hospitality.; High visibility and traffic counts due to location adjacent to a Bojangles restaurant.
    Request Owner's contact information
    Us-76 Florence, SC 29506
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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
    Us-76 Florence, SC 29506
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