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    Property profile & analytics

    1247 Lucas St Florence, SC 29501

    • Commercial real estate
    • 1.03 lot acres
    For Sale
    View listing
    $460,000
    Value Estimation
    Location Intelligence
    Property ID
    US77-1112474
    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

    • Commercial real estate

    Property Details for 1247 Lucas St

    Lot size
    1.03 lot acres
    Property type
    Commercial real estate
    APN
    00146-01-012
    APU
    14601012

    Description

    This exceptional 1.127-acre commercial land parcel presents a unique investment opportunity in Florence, South Carolina. Strategically located at the intersection of West Lucas Street (US-52) and Mechanicsville Road, this property boasts significant road frontage: approximately 192.7 feet on Lucas Street and 159.88 feet on Mechanicsville Road. The site is zoned Florence County B3, making it suitable for a variety of commercial uses. Its prime location offers easy accessibility and high visibility, benefiting from an established commercial sector and proximity to Interstate 95 (approximately 1.1 miles). The property's high traffic count, with approximately 19,100 vehicles per day passing by, ensures substantial exposure for any business. Water and sewer services are readily available, simplifying development plans. This is an ideal site for businesses seeking a high-traffic, easily accessible location in a thriving commercial area. The asking price is $460,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.7891
    Latitude
    34.2221
    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
    $3,092
    $6,062
    $0.00
    $6,062
    -
    $151,550
    $0.00
    $151,550

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    1247 Lucas St
    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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