Property profile

1617 Lucas St Florence, SC 29501

OFF-MARKET
Land
5.25 ac lot
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Property summary

AI-generated overview

This 5.25-acre commercial/industrial lot in Florence, South Carolina, presents a unique investment opportunity. Located at 1617 W Lucas St, Florence, SC 29501, this fee-simple property boasts a highly desirable B-3 zoning. Its flat terrain and convenient access to utilities make it exceptionally versatile. The seller is open to owner financing, adding to its appeal. High traffic counts on Lucas Street and proximity to Highway 52 and I-95 (Exit 164) ensure excellent visibility and accessibility. The property is not located in a flood zone and is adjacent to a car dealership, offering further advantages. With an estimated 18,400-21,000 vehicles passing daily on US 52, this location is perfect for high-traffic businesses. The site's size and zoning make it suitable for a variety of uses, including self-storage, retail, hotel development, or a lay-down yard. A 50-60 foot right-of-way provides convenient access. The asking price is $600,000.

Property profile

Verified
Property type Land
Lot 5.25 ac (228,690 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Production Facility Metal Fabrication Plant
  • Nightclub DJ & Entertainment
  • Nightclub DJ & Entertainment

Location

1617 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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