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    Property profile & analytics

    1608 Palmetto St Florence, SC 29501-4134

    • Office buildings
    • 1,674 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 16, 2025
    Location Intelligence
    Property ID
    US77-2323565
    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

    • James Potter: Allstate Insurance / Life Insurance Agency / Motorcycle Insurance Agency
    • Flamingo Car Wash / Car Wash

    Property Details for 1608 Palmetto St

    Year built
    1947
    Lot size
    0.58 lot acres
    Property size
    1,674 SF
    Zone code
    B3
    Property type
    Office buildings
    APN
    90035-11-004
    APU
    9003511004

    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
    -79.7981
    Latitude
    34.1899
    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
    $4,674
    $5,014
    $3,719
    $8,733
    -
    $125,350
    $92,975
    $218,325

    Comparable in this City

    • Value Estimation by Request
      8,233 SF

      3232 Bryson Dr

      OFFICE BUILDING • 8,233 SF
      3232 Bryson Dr, Florence, SC 29501-6222
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    • Value Estimation by Request
      17,152 SF

      510 Palmetto St

      OFFICE BUILDING • 17,152 SF
      510 Palmetto St, Florence, SC 29501-4428
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    • Value Estimation by Request
      8,416 SF

      180 Irby St

      OFFICE BUILDING • 8,416 SF
      180 Irby St, Florence, SC 29501-3431
      View Details
    • Value Estimation by Request
      6,650 SF

      318 Palmetto St

      OFFICE BUILDING • 6,650 SF
      318 Palmetto St, Florence, SC 29501-4418
      View Details
    • Value Estimation by Request
      11,616 SF

      1822 Sally Hl Farms Blvd

      OFFICE BUILDING • 11,616 SF
      1822 Sally Hl Farms Blvd, Florence, SC 29501-6987
      View Details
    • Value Estimation by Request
      1,080 SF

      1831 Trade St

      OFFICE BUILDING • 1,080 SF
      1831 Trade St, Florence, SC 29501-6961
      View Details

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      Florence Commercial Land Near I-95

      7.27 acres near I-95, ideal for commercial development.
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      West Palmetto Street Commercial Land

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    Similar Nearby for Lease

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      Historic District, prime location, flexible space.
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    • $700 /Mo
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      Flexible office spaces in historic building near Timrod Park.
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    • Contact for pricing
      329,345 SF

      Florence Mall Retail Space

      Prime Florence, SC retail center
      1945 Palmetto St, Florence, SC 29501
      View Details
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    Florence, SC 29501-4134
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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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