Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1834 Lucas St Florence, SC 29501-1230
    Back to Search
    Property profile & analytics

    1834 Lucas St Florence, SC 29501-1230


    • Motels
    • 35,136 SF
    • 4.48 lot acres
    Off-Market
    Last Sale Dec 31, 2024
    $905,000
    Property ID
    US77-0944248
    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.

    Value Estimations
    $905,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Knights Inn Florence / Hotel & Motel
    • Motel 6 Florence Sc / Hotel & Motel

    Property Details for 1834 Lucas St

    Year built
    1988
    Lot size
    4.48 lot acres
    Property size
    35,136 SF
    Property type
    Motels
    APN
    01211-01-070
    APU
    121101070

    Description

    This exceptional investment opportunity presents a 109-key motel in Florence, South Carolina, currently undergoing a foreclosure auction. Located at 1834 W. Lucas St, Florence, SC 29501, this single-story property sits on a 4.45-acre lot and boasts 35,136 square feet of space. Built in 1988, the motel is zoned B-3 (General Commercial), offering significant potential for redevelopment or continued operation. The property is being sold via a deficiency sale hearing on December 5th at 11:00 AM in courtroom 3C of the Florence County Judicial Center. In-person bidding is required. The plaintiff's initial bid was $500,000, and they are ineligible to bid further. The sale is a fee simple ownership transfer, subject to assessments, Florence County taxes, existing easements, and other senior encumbrances. The legal description of the 4.4546-acre parcel is detailed in the official court documents associated with Civil Action No. 2024-CP-2101652, The MINT National Bank v. WLS Hotels, LLC; Jagdish A. Patel; Dharmendrakumar M. Patel. A 5% deposit is required from the winning bidder (excluding the plaintiff) at the conclusion of the auction. The successful bidder will also be responsible for documentary stamps on the Master's Deed and interest on the bid amount at 8.5% per annum from the sale date until compliance. The sale is subject to a 30-day compliance period, and the plaintiff retains the right to waive any rights, including the right to a deficiency judgment, before the sale. This is a distressed sale offering a unique opportunity for investors seeking a high-return property in a desirable location. Further details are available through the Florence County Judicial Center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $905,000
      ML approach
      $905,000
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,275,000
      AUTO REPAIR, GARAGE
      $1,215,000
      WAREHOUSE, STORAGE
      $1,185,000
      RETAIL STORES
      $1,185,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.799
    Latitude
    34.2267
    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
    $48,670
    $34,000
    $61,396
    $95,396
    -
    $850,000
    $1,534,893
    $2,384,893
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message