Property profile

1803 Cherokee Rd Florence, SC 29501

OFF-MARKET
Office buildings
Property ID
US77-2341852
3,800 SF 0.23 ac lot Built 1985
Individually Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story office building, situated on a 0.23-acre lot at 1803 Cherokee Rd in Florence, South Carolina (zip code 29501), offers 3,800 square feet of versatile commercial space. Ideally suited for multiple tenants or a single large user, the property boasts excellent curb appeal and a highly desirable location within Florence's rapidly expanding Five Points commercial district. Just minutes from a variety of restaurants and shopping centers, this property provides convenient access to amenities. The upper level comprises seven individual offices, two common areas, and two restrooms, with several offices featuring private balcony access. The ground floor offers eight offices, a spacious reception/customer lobby area, and two restrooms. Many offices benefit from independent exterior entrances and exits, providing flexibility and privacy. Ample parking is available for tenants and clients. This property presents a unique opportunity to establish a thriving business in a prime location within a vibrant and growing commercial sector. The building is classified as Office and Land, with a Commercial subtype. The property is currently available for multiple tenants.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 3,800 SF
Lot 0.23 ac (10,074 SF)
Zoning code PDD
APN 90026-08-013
UPID US77-2341852

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Counselor
  • Counselor
  • Counselor
  • Counselor
  • Counselor

Location

1803 Cherokee Rd Florence, SC 29501-4184
Florence metro Census 1100 FLORENCE, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$310k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Zoning & alternative use

PDD · Florence, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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