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    603 Palmetto St Florence, SC 29501-4301

    Sponsored
    For Sale
    $262,500

    Versatile Office Building, High Traffic Area

    Property size:
    2,004 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 2,004 square foot commercial building in Florence, South Carolina, is situated on a 0.26-acre lot and is offered at $262,500. Ideal for a variety of professional uses, including medical practices, legal offices, or light retail, this property boasts wood flooring throughout (except vinyl in bathrooms), a spacious reception area, five offices (one with built-in shelving and desk), and three half-baths. A convenient kitchen area is perfect for staff breaks, and a 10x20 wired workshop provides ample storage. The building has been well-maintained, featuring a roof approximately 7 years old and an HVAC system updated roughly 10 years ago. Previously used as a frame shop and attorney's office, this property benefits from its location in a high-traffic area. The property is being sold "as is." The address is 603 W Palmetto Street, Florence, SC 29501-4301.

    Property Features for 603 Palmetto St

    General Information

    Property type
    Land
    Square Feet
    2,004 SF
    Lot Size
    11,326 SF

    HighLights

    • 2,004 SF commercial building on a 0.26‑acre lot in Florence, SC.
    • Offered at $262,500.
    • Suitable for medical, legal, or light retail uses.
    • Features wood floors, a reception area, five offices (one with built‑ins), and three half‑baths.
    • Includes a kitchen and a 10x20 wired workshop.
    • Well‑maintained with a 7‑year‑old roof and 10‑year‑old HVAC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roney's Creative Picture ... Picture Frame Shop Kolor Quick of Florence Photo Shop

    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
    -79.7773193
    Latitude
    34.1934852

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    FAQs

    What type of property is this?
    Land - Versatile Office Building, High Traffic Area
    Where is this land located?
    The property is located at 603 Palmetto St Florence, SC.
    What is the asking price?
    The asking price for this property is $262,500.
    What are key features of this property?
    This property features: 2,004 SF commercial building on a 0.26-acre lot in Florence, SC.; Offered at $262,500.; Suitable for medical, legal, or light retail uses.
    Request Owner's contact information
    603 Palmetto St Florence, SC 29501-4301
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    Florence, SC 29501-4301
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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
    603 Palmetto St Florence, SC 29501-4301
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