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    229 Lucas St Florence, SC 29501

    For Sale
    $200,000

    2.07 Acres, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 2.07-acre commercial land parcel in Florence, South Carolina, is zoned GC - General Commercial (City of Florence) and offers exceptional visibility and accessibility. Located at 229 W Lucas St, Florence, SC 29501, this property boasts approximately 19,600 vehicles per day on W Lucas St and approximately 9,300 vehicles per day on nearby N Irby St. The site comprises three adjacent parcels, providing access points from W Lucas St, N Irby St, and Athens St. Its strategic location places it near downtown Florence and McLeod Regional Medical Center, ensuring high traffic volume and strong potential for various commercial ventures. The property's convenient access and high visibility make it an ideal location for businesses seeking a prominent presence in a thriving area. The asking price is $200,000. The APN is 90085-04-009. This prime location, combined with its size and zoning, presents a compelling investment opportunity for developers and entrepreneurs alike. The property is situated near a Family Dollar store, further enhancing its commercial viability.

    Property Features for 229 Lucas St

    General Information

    Property type
    Land
    Lot Size
    90,169 SF

    HighLights

    • $200,000 asking price for 2.07 acres of commercial land.
    • Zoned GC - General Commercial (City of Florence).
    • High traffic location with approximately 19,600 vehicles per day on W Lucas St and 9,300 vehicles per day on N Irby St.
    • Access from W Lucas St, N Irby St, and Athens St.
    • Conveniently located near Downtown Florence and McLeod Regional Medical Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -79.769915233731
    Latitude
    34.205959007238

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    FAQs

    What type of property is this?
    Land - 2.07 Acres, High Traffic Area
    Where is this land located?
    The property is located at 229 Lucas St Florence, SC.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: $200,000 asking price for 2.07 acres of commercial land.; Zoned GC - General Commercial (City of Florence).; High traffic location with approximately 19,600 vehicles per day on W Lucas St and 9,300 vehicles per day on N Irby St.
    (843) 229-3903
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    229 Lucas 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
    229 Lucas St Florence, SC 29501
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