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    2505 2Nd Loop Rd Florence, SC 29501

    For Sale
    $690,000

    8.61 Acres, High Traffic, B-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8.61-acre commercial land parcel presents a remarkable investment opportunity in Florence, South Carolina. Strategically located at the highly trafficked intersection of 2nd Loop Road and South Cashua Drive, this property boasts unparalleled visibility and accessibility. The site is zoned B-3, allowing for a wide range of commercial development possibilities. Its central location within a thriving commercial corridor places it amongst established businesses, including professional offices, banking institutions, medical facilities, restaurants, and national and local retail stores. The property's size and location make it ideal for a variety of uses, and the possibility of subdividing the land offers added flexibility for developers. The parcel's prominent position ensures high traffic counts and exceptional exposure to potential customers. The property's APN is 90020-01-010, and the asking price is $690,000. This is a rare opportunity to acquire a significant commercial land holding in a prime location with excellent growth potential. The owner of record is selling this property. The address is 2505 2nd Loop Rd, Florence, SC 29501.

    Property Features for 2505 2Nd Loop Rd

    General Information

    Property type
    Land
    Lot Size
    375,052 SF

    HighLights

    • 8.61‑acre commercial land parcel in Florence, SC.
    • High‑traffic location at 2nd Loop Rd & South Cashua Dr.
    • B‑3 zoning allows diverse commercial development.
    • $690,000 asking price.
    • APN: 90020‑01‑010, Address: 2505 2nd Loop Rd, Florence, SC 29501.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -79.8110776
    Latitude
    34.1765192

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    FAQs

    What type of property is this?
    Land - 8.61 Acres, High Traffic, B-3 Zoning
    Where is this land located?
    The property is located at 2505 2Nd Loop Rd Florence, SC.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: 8.61-acre commercial land parcel in Florence, SC.; High-traffic location at 2nd Loop Rd & South Cashua Dr.; B-3 zoning allows diverse commercial development.
    (843) 229-3903
    Request Owner's contact information
    2505 2Nd Loop Rd 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
    2505 2Nd Loop Rd Florence, SC 29501
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