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Property profile & analytics
FOR LEASE
Turn key restaurants

1815 W Palmetto St Florence, SC 29501

2,119 SF 0.99 ac lot Built 1958
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US77-2310989
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Total area 2,119 SF
Lot 0.99 ac (43,279 SF)
Zoning code B3
APN 90025-05-004
UPID US77-2310989
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$493k
Blend (final) Blend
$500k
Owner & transaction history
Parktyl LLC · 3 yrs held
Parktyl LLC
since 2023
Last sale
$550,000
4 recorded transactions
2023
$550,000
2010
Price N/A
2009
Price N/A
2004
Price N/A
Zoning & alternative use
B3 · Florence, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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