Exceptional 301-acre commercial land opportunity in Florence County, South Carolina. This unzoned property boasts significant frontage on East Palmetto Street (US-76 and US-301) and Paper Mill Road, offering unparalleled visibility and accessibility. Currently utilized for recreational purposes, the land features a sizable pond and a cabin. The soil composition is primarily loamy sand, naturally vegetated with a mix of pine and hardwood trees. Strategically located approximately 9.8 miles from the city of Florence, this site provides convenient access to major transportation arteries, including Interstate 95 (approximately 9.9 miles) and the Dillon Inland Port (approximately 23 miles). The asking price is $2,408,000, translating to $8,000 per acre. The property's APN is 00307-01-012. This expansive tract presents a unique chance for developers seeking a large-scale project with high visibility and convenient access to key infrastructure. The existing recreational features offer potential for adaptive reuse or integration into a larger development plan. This is an exceptional opportunity to acquire a substantial land parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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