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    Property profile & analytics

    127 Evans St Florence, SC 29501

    • Outlet malls
    • 3,650 SF
    • 0.09 lot acres
    For Lease
    View listing
    $25 SF/Yr
    Value Estimation
    $100,000
    Last Sale
    Apr 02, 2024
    $120,000
    Location Intelligence
    Property ID
    US77-2203380
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Outlet malls

    Property Details for 127 Evans St

    Year built
    1925
    Lot size
    0.09 lot acres
    Property size
    3,650 SF
    Zone code
    B4
    Property type
    Outlet malls
    APN
    90167-02-008
    APU
    9016702008

    Description

    This exceptional mixed-use building, located in the heart of Downtown Florence's Historic District directly across from Hotel Florence, offers 7,748 square feet of space in a beautifully renovated (2024) three-story building. Originally constructed in 1925, this Class B property boasts a prime location with high foot traffic and visibility, making it ideal for a variety of businesses. Currently, there are two available spaces: 1,100 square feet and 450 square feet, which can be combined to accommodate a larger tenant. The building is suited for retail, restaurant, or office uses, including creative office, traditional office, coworking, executive office, and medical office spaces. The property features abundant public parking directly adjacent, and the potential for outdoor seating adds to its appeal. Its proximity to McLeod Hospital, numerous shops, restaurants, entertainment venues, educational institutions, and government offices ensures high visibility and accessibility. Available for occupancy in the first quarter of 2025, this property presents a unique opportunity to establish or expand your business in a thriving and vibrant downtown area. The building includes an elevator and is served by multiple tenants. Don't miss this chance to secure a prominent location in Florence's dynamic business and cultural district.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $80,000
      6.5%
      $70,000
      7%
      $75,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $70,000
      Geo Method
      $80,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $70,000
      Retail
      $80,000
      Mixed-Use
      $75,000
      Hospitality
      $65,000
      Educational
      $70,000
      Residential Income
      $75,000
      Energy
      $70,000
      Income-Based Land
      $80,000
      Food Service
      $80,000

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.7667
    Latitude
    34.1976
    CBSA code
    22500
    CBSA name
    FLORENCE, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $9,900
    $6,002
    $15,902
    -
    $247,500
    $150,058
    $397,558

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    Florence, SC 29501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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