Technical
Financial
Distress signals
Property profile

1811 Irby St 2023-0 Florence, SC 29505

OFF-MARKET
Outlet malls
Property ID
US77-0585795
22,041 SF 0.97 ac lot Built 1998
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This 2,000 square foot commercial unit is ideally situated on South Irby Street in Florence, South Carolina, boasting a prime location near Aldi and Walmart. The property benefits from exceptional visibility and accessibility, with a recently repaved parking lot ensuring easy ingress and egress. A 2019 South Carolina Highway Department traffic count recorded an average of 22,000 vehicles per day on this stretch of Irby Street, highlighting the significant foot and vehicle traffic potential for businesses operating from this location. The unit itself comprises 2,000 square feet of usable space, including two bathrooms, a dedicated office area, and additional versatile space adaptable to various business needs. Its strategic placement is further enhanced by its proximity to a large apartment complex and the YMCA, guaranteeing a substantial and diverse customer base. The 0.05-acre lot provides ample parking and convenient access. This property presents a compelling opportunity for small businesses seeking a high-visibility location with strong traffic flow and convenient amenities. The combination of high traffic counts, nearby retail giants, and residential proximity makes this a truly exceptional commercial opportunity. Don't miss out on this chance to establish your business in a thriving area.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1998
Total area 22,041 SF
Lot 0.97 ac (42,280 SF)
APN 90081-01-031
UPID US77-0585795

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
  • High School Daycare Center
  • Insurance Agency
  • Gym & Fitness Center
  • Real Estate Agency
  • Charitable Organization Social Service Agency

Location

1811 Irby St, Unit 2023-0 Florence, SC 29505-3444
Florence metro Census 1400 FLORENCE, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2022
Price N/A
2022
Price N/A
2009
Price N/A

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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