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Property profile & analytics

1815 Palmetto St Florence, SC 29501

  • Turn key restaurants
  • 2,119 SF
  • 0.99 lot acres
For Lease
Last Sale
Apr 02, 2024
$550,000
Value Estimations
$500,000
Cap Rate Potential
Location Intelligence
Property ID
US77-2310989
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

  • Turn key restaurants

Property Details for 1815 Palmetto St

Year built
1958
Lot size
0.99 lot acres
Property size
2,119 SF
Zone code
B3
Property type
Turn key restaurants
APN
90025-05-004
APU
9002505004

Description

This exceptional .99-acre commercial land parcel presents a remarkable development opportunity in Florence County, South Carolina. Strategically located near the bustling 5 Points area, this property boasts unparalleled visibility along US-76, enjoying approximately 93 feet of road frontage. The B3 zoning designation allows for a diverse range of commercial uses, making it suitable for retail establishments, restaurants, or service-oriented businesses seeking a high-traffic location. The site's prominent position ensures maximum exposure to a large volume of passing vehicles, providing an ideal platform for businesses aiming to enhance their brand awareness and customer reach. The development process is further simplified by the readily available utilities at the site. This property offers a unique blend of location, zoning flexibility, and accessibility, making it an exceptional investment for discerning developers and entrepreneurs. The parcel is identified by APN 90025-05-004 within Florence County. This single-tenant land lease presents a compelling opportunity to establish a thriving commercial presence in a vibrant and growing area. The property's size and location make it an attractive option for a variety of commercial ventures.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $500,000
    ML approach
    $415,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $493,000
    Market price range: $295k - $1.09M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Florence
County
Florence
State
South Carolina
Longitude
-79.8033
Latitude
34.1901
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
$5,559
$10,387
$0.00
$10,387
-
$259,674
$0.00
$259,674
More about this property
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