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Property profile

0 Us Hwy 76/Bancroft Rd Florence, SC 29501

OFF-MARKET
Land
52.66 ac lot
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Property summary

AI-generated overview

This exceptional 52.66-acre commercial land parcel presents a unique development opportunity in Florence County, South Carolina. Located on freshly paved Bancroft Road, off Highway 76, this unzoned property offers unparalleled flexibility for a variety of uses, including commercial, industrial, or residential development. Its prime location provides convenient access to Interstate 95 via West Palmetto Street, ensuring high visibility and easy accessibility. The property is mostly cleared and features a pond, adding to its appeal. Public water is available, and sewer connection is a possibility. The seller is open to subdividing the land for commercial purposes, making it an attractive option for developers seeking smaller parcels. A surveyor's plan is available, illustrating a potential patio home development design with over 100 lots, showcasing the significant residential development potential. This property is listed at $1,750,000 and is owned by H & F Investments of Florence. The property's proximity to the four-lane Highway 76 further enhances its desirability and accessibility. Don't miss this chance to acquire a substantial tract of land with immense potential in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 52.66 ac (2,293,870 SF)

Cap rate & NOI

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

Location

Us Hwy 76/Bancroft Rd 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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