4617 4617 Palmetto St Florence, SC 29506
This exceptional 7,700 square foot commercial property presents a unique redevelopment opportunity in Florence, South Carolina. Strategically located near Francis Marion University, this 1.08-acre site offers significant upside potential for a variety of uses. The existing building, previously utilized as a restaurant and convenience store, provides a solid foundation for a range of ventures. Imagine transforming this space into a thriving retail establishment, a popular restaurant catering to students and the local community, or even a modern student apartment complex. The possibilities are virtually limitless. The property is being sold "as is," allowing for complete creative control over the renovation and repurposing process. Given its prime location and substantial size, this property represents a compelling investment for those seeking a high-return project with considerable flexibility. The existing structure offers a significant cost advantage over starting from the ground up, while the proximity to Francis Marion University ensures a readily available customer base. This is an exceptional chance to capitalize on a dynamic market and create a successful commercial enterprise. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. The property is offered at $275,000.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.