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Property profile

229 Lucas St Florence, SC 29501

OFF-MARKET
Land
2.07 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 2.07 ac (90,169 SF)

Cap rate & NOI

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

Location

229 Lucas St Florence, SC 29501
Florence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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