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    901 Douglas St Florence, SC 29501

    For Sale
    $16,000,000

    Massive warehouse, 300,000+ rentable SF

    Property size:
    400,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This expansive industrial property, located at 901 N Douglas St, Florence, SC 29501, offers 400,000 square feet of space on a 31.08-acre lot. Currently, approximately 75,000 square feet is temporarily occupied, leaving over 300,000 square feet of immediately available net rentable space. Built in 1969, this single-story warehouse boasts 15 dock-high doors, a ceiling height ranging from 14 to 50 feet, and is fully sprinklered. The property features large open rooms with concrete floors, making it suitable for diverse industrial uses. Utilities including water, sewer, gas, and electricity are readily available on-site. The property is zoned CI and offers significant potential for expansion given its substantial lot size. Asking price is $16,000,000. This is a rare opportunity to acquire a large-scale industrial facility in a prime location.

    Property Features for 901 Douglas St

    General Information

    Property type
    Distribution properties
    Square Feet
    400,000 SF
    Lot Size
    1,353,845 SF

    Building Details

    Year Built
    1969
    Stories
    1

    HighLights

    • 400,000 square feet on a 31.08‑acre lot in Florence, SC.
    • Over 300,000 square feet of immediately available net rentable space.
    • Single‑story warehouse built in 1969 with 15 dock‑high doors and ceiling heights ranging from 14 to 50 feet.
    • Fully sprinklered with concrete floors, suitable for diverse industrial uses.
    • Zoned CI, utilities available, significant expansion potential.
    • Asking price: $16,000,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -79.772557
    Latitude
    34.2119582

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    FAQs

    What type of property is this?
    Distribution property - Massive warehouse, 300,000+ rentable SF
    Where is this distribution property located?
    The property is located at 901 Douglas St Florence, SC.
    What is the asking price?
    The asking price for this property is $16,000,000.
    What are key features of this property?
    This property features: 400,000 square feet on a 31.08-acre lot in Florence, SC.; Over 300,000 square feet of immediately available net rentable space.; Single-story warehouse built in 1969 with 15 dock-high doors and ceiling heights ranging from 14 to 50 feet.
    Request Owner's contact information
    901 Douglas St Florence, SC 29501
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    Florence, SC 29501
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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
    901 Douglas St Florence, SC 29501
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