Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Williston Rd Florence, SC 29506
    Back to Search
    Property profile & analytics

    Williston Rd, Florence, SC 29506

    View on Map
    • Mixed-use properties
    • 105.44 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 0 Williston Rd

    Lot size
    105.44 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Industrial properties

    Description

    This exceptional 105.44-acre mixed-use property in Florence, South Carolina, presents a unique investment opportunity. Located on N Williston Rd, with direct access to Highway 327, this prime location boasts high traffic counts, excellent accessibility, and superior visibility. The property's zoning allows for a diverse range of uses, currently encompassing flex space, an apartment building, and a motel. The asking price is $3,750,000. Detailed information on utilities and population statistics is available upon request. This expansive lot (lots 5 & 5a) offers significant potential for development and expansion. An adjoining property, including additional acreage with frontage on US 76, is also available for purchase, providing an opportunity to acquire a larger contiguous parcel. The property's strategic location and versatile zoning make it an ideal investment for developers seeking a high-return opportunity in a thriving South Carolina market. Further information, including flyers and photos showcasing the property's features and potential, can be provided. The property is situated in Florence County, South Carolina, with a zip code of 29506. The coordinates are 34.201299 latitude and -79.680764 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.6808
    Latitude
    34.2013

    Comparable in this City

    • Value Estimation by Request
      36.58 Acres

      Palmetto St

      Multifamily properties
      0 Palmetto St, Florence, SC 29506
      View Details
    • Value Estimation by Request
      10.55 Acres

      Us-76

      Lifestyle centers
      0 Us-76, Florence, SC 29506
      View Details
    • Value Estimation
      $1,345,000
      18,160 SF

      730 Dargan St

      APARTMENT HOUSE (5+ UNITS)
      730 Dargan St, Florence, SC 29506-2563
      View Details
    • Value Estimation by Request
      2,832 SF

      6115 National Cemetery Rd

      APARTMENT HOUSE (5+ UNITS)
      6115 National Cemetery Rd, Florence, SC 29506-5924
      View Details
    • Value Estimation
      $10,735,000
      133,616 SF

      318 Royal St

      APARTMENT HOUSE (5+ UNITS)
      318 Royal St, Florence, SC 29506-6653
      View Details
    • Value Estimation by Request
      3,380 SF

      1013 National Cemetery Rd Lot A

      APARTMENT HOUSE (5+ UNITS)
      1013 National Cemetery Rd Lot A, Florence, SC 29506-3241
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land with Highway Access

      Land with high traffic, accessibility, and visibility.
      N Williston Rd, Florence, SC 29506
      View Details
    • Contact for pricing
      3,764 SF

      Mixed-Use Property in Great Location

      Mixed-use property, previously commercial, next to medical staffing business.
      605 S Dargan St, Florence, SC 29506
      View Details
    • $449,900
      1.70 Acres

      Florence, SC Income Property

      Income-producing property featuring multiple homes, apartments, and mobile home lots.
      130 N Mustang Rd, Florence, SC 29506
      View Details
    • Contact for pricing
      200,000 SF

      Industrial Space in Florence, SC

      100,000 SF Class B industrial space available for lease.
      4501 E Palmetto St, Florence, SC 29506
      View Details
    • Contact for pricing
      95,590 SF

      Industrial Warehouse with Development Potential

      95,590 SF industrial warehouse on 7.34 acres for sale.
      906 S Church St, Florence, SC 29506
      View Details
    • Contact for pricing

      Florence Area Investment Opportunity

      Prime land in Florence, SC, with development potential.
      5723 E National Cemetery Rd, Florence, SC 29506
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Florence Flex/Industrial Property for Lease

      4,800 SF flex/industrial building with drive-through capability and outside storage.
      3731 East National Cemetery Rd, Florence, SC 29506
      View Details
    • Contact for pricing

      Prime Outparcel Opportunities in Florence

      Outparcels available at I-95 interchange, ideal for hotels, restaurants.
      2939 N Williston Rd, Florence, SC 29506
      View Details
    • Contact for pricing

      Office/Storage Space For Lease

      Office or storage space with access to I-95 and I-20.
      1092 S Church St, Florence, SC 29506
      View Details
    • Contact for pricing

      Modern Office Space For Rent

      7,145 SF customizable office space in Florence, SC.
      2701 Alex Lee Blvd, Florence, SC 29506
      View Details
    • Contact for pricing

      Laydown Yard For Lease

      0.85 acre fenced laydown yard in Florence, SC.
      1927 E Palmetto St, Florence, SC 29506
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Williston Rd
    Florence, SC 29506
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Williston Rd, Florence, SC, 29506
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!