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    500 2Nd Loop Rd Florence, SC 29505

    For Lease
    Contact for pricing

    Florence, SC retail land: build-to-suit or ground lease.

    Lot size:
    32,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.5 to 0.75-acre outparcel, located at 500 2nd Loop Rd, Florence, SC 29505, presents a unique opportunity for retail development. Situated in a thriving neighborhood shopping center on a major thoroughfare connecting West and South Florence, this property benefits from high visibility and convenient access. The site is zoned CG - Commercial General, allowing for a variety of retail uses. Its strategic location places it in close proximity to numerous national retailers, including Lowe's, Planet Fitness, Food Lion, Walmart, Chick-fil-A, and Aldi, ensuring significant foot traffic and brand synergy. The property is available for a ground lease or a build-to-suit arrangement, offering flexibility to prospective tenants or developers. This presents an ideal opportunity to establish a strong retail presence in a high-demand area of Florence, South Carolina. The property's single tenancy allows for focused development and branding. Interested parties should note the property's convenient location and the potential for significant return on investment in this established commercial area. This is a rare opportunity to acquire a prime retail site in a high-traffic location with excellent visibility and proximity to major retailers.

    Property Features for 500 2Nd Loop Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,670 SF

    Unit(s) available at that property

    Space
    Size
    32,670 SF

    HighLights

    • 0.5‑0.75 acre outparcel available for ground lease or build‑to‑suit at 500 2nd Loop Rd, Florence, SC.
    • High‑visibility location on major thoroughfare with excellent ingress/egress at a signalized intersection.
    • 27,100 vehicles per day.
    • Reciprocal parking available and surrounded by national retailers (Lowe's, Planet Fitness, Food Lion, Walmart, Chick‑fil‑A, Aldi).
    Property Profile Location Intelligence

    Current Use by Public Records

    Sky Zone Trampoline ... Amusement Center Planet 3 Extreme ... Recreation Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.771323657641
    Latitude
    34.167061943462

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    FAQs

    What type of property is this?
    Individual retail property - Florence, SC retail land: build-to-suit or ground lease.
    Where is this individual retail property located?
    The property is located at 500 2Nd Loop Rd Florence, SC.
    What are key features of this property?
    This property features: 0.5-0.75 acre outparcel available for ground lease or build-to-suit at 500 2nd Loop Rd, Florence, SC.; High-visibility location on major thoroughfare with excellent ingress/egress at a signalized intersection.; 27,100 vehicles per day.
    Request Owner's contact information
    500 2Nd Loop Rd Florence, SC 29505
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    Florence, SC 29505
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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
    500 2Nd Loop Rd Florence, SC 29505
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