Restaurant Facility For
1513 Pamplico Hwy Florence, SC 29505
1513 Pamplico Hwy, Florence, SC, 29505
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For Sale
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Restaurant facility with equipment included, southeast of Florence, SC.
Property Size4,682 SF
Lot Size1.48 Acres
Price / SF$121.53
Days on Market819
Property Features for 1513 Pamplico Hwy
General Information
- Standard status
- Active
- Size
- 4,682 SF
- Lot size
- 1.48 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1955
Listing Agency
Curl & Carmon Real Estate, LLC
Listed by
Rich Carmon · License #5457
Source
Crexi
Added: Apr 23, 2024 Checked: Jul 19 at 7:53 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Curl & Carmon Real Estate, LLC
Investment Insights
Based on property information with market context.
Located just southeast of Florence, South Carolina, this property features a family-style restaurant facility. The site encompasses 1.48 acres and includes a 3,472-square-foot restaurant building along with a detached 1,210-square-foot cookhouse. The combined area of the buildings is 4,682 square feet. The price includes restaurant equipment.
Key Highlights
- Family style restaurant facility
- Includes restaurant equipment
- Total building area of 4,682 SF (3,472 SF restaurant + 1,210 SF cookhouse)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.7k | $14.04 |
| − Vacancy | −$2.7k | −$0.58 |
| EGI | $63.0k | $13.46 |
| − OpEx | −$15.8k | −$3.37 |
| NOI | $47.3k | $10.10 |
4,682 SF · lease $14.04/SF/yr · vacancy 4.10% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$675.4K
$591.0K – $788.0K
NOI $47,280 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$690.3K
$604.0K – $805.3K
NOI $48,318 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chris's Diner
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant facility with equipment included, southeast of Florence, SC.
Where is this conventional restaurant located?
The property is located at 1513 Pamplico Hwy Florence, SC.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Family style restaurant facility; Includes restaurant equipment; Total building area of 4,682 SF (3,472 SF restaurant + 1,210 SF cookhouse)
