Technical
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Property profile

0 Palmetto St Florence, SC 29501

OFF-MARKET
Land
7.99 ac lot
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Property summary

AI-generated overview

This exceptional 7.99-acre commercial land parcel presents a prime investment opportunity in Florence, South Carolina. Strategically located near I-95 Exit 157, this unzoned property boasts unparalleled visibility and accessibility, situated amongst established businesses including McDonald's, Waffle House, and several hotels. The recent announcement of a $3.2 billion battery plant bringing 2,700 jobs to the area, coupled with the impending arrival of a QuikTrip truck stop and a new Publix, underscores the significant growth potential of this location. The land is cleared and utilities are available, making it ideal for immediate development. Priced at $250,000 per acre, this almost 8-acre tract is subdivisible, offering flexibility for various commercial ventures. Potential uses include hotels, restaurants, and strip malls or plazas, catering to the high volume of traffic from I-95. This is a rare chance to secure a prominent position in a rapidly expanding commercial corridor. Don't miss this opportunity to capitalize on the burgeoning economic growth in Florence, South Carolina.

Property profile

Verified
Property type Land
Lot 7.99 ac (348,044 SF)

Cap rate & NOI

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

Location

Palmetto St Florence, SC 29501
Florence metro
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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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