Technical
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Property profile

1927 E Palmetto St Florence, SC 29506

FOR LEASE
Warehouses
Property ID
US77-1452448
828 SF 10.85 ac lot Built 1980
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This single-story, 4,600 square foot office building, located at 1927 W Palmetto St in Florence, South Carolina, presents a fantastic opportunity. Built in 1968, this Class C property features four suites, with 2,750 square feet currently vacant. Individual suites range from a minimum of 750 square feet to a maximum contiguous space of 2,000 square feet, offering flexibility for various business needs. The 8-foot ceilings provide ample space, and the building sits on a 0.42-acre lot. The property's B-3 zoning allows for a variety of uses. Its prime location in the 5 Points Florence SC submarket ensures high visibility from the heavy traffic on West Palmetto Street, and its proximity to numerous retail establishments, including the UPS Store, Schlotzsky's, Starbucks, and McAlister's Deli, provides added convenience and foot traffic. This is an ideal location for businesses seeking high visibility and easy access to amenities. The APN is 90017-01-002, and the property is situated in Florence County. This is a multi-tenant building perfect for businesses seeking a convenient and accessible location in a thriving commercial area.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 828 SF
Lot 10.85 ac (472,691 SF)
APN 90137-01-006
UPID US77-1452448

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
  • Pharmacy (Bike/Boat/Book/etc) Store
  • Hair Salon
  • Accounting Firm Tax Preparation

Location

1927 E Palmetto St Florence, SC 29506
Florence metro Census 502 FLORENCE, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2024
Last sale
$205,000
4 recorded transactions
2024
$205,000
2022
$450,000
2022
$450,000
2011
$200,000

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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