1937 Palmetto St Florence, SC 29506-3606
This exceptional 3,000 square foot office building, located at 1937 E Palmetto St, Florence, SC 29506, presents a unique investment opportunity. The single-story, Class C building sits on a 0.72-acre lot and boasts a desirable location near downtown Florence, offering easy access to I-95 (9 miles) and the Florence County Industrial Park East (6.5 miles). Originally constructed in 1968 and renovated in the 2000s, this well-maintained property features updated interior finishes. Currently operating at 100% occupancy as a single-tenant building, it offers a strong return on investment. The property is zoned for general commercial use and includes ample surface parking both in front and behind the building. The asking price is $375,000, translating to $125 per square foot. County zoning permits a variety of uses, including executive, medical, and traditional office spaces. The property's former use as a bank facility speaks to its structural integrity and suitability for various professional settings. This is a turnkey opportunity for an investor seeking a profitable, established commercial property in a thriving South Carolina location. The APN is 90137-01-008. Three-phase power is available. Note that an adjacent 10.85-acre parcel is also available for purchase separately.
-
Audible Visions, LLC. Electronics & Wireless Store
-
The UPS Store Courier Service Postal Service
-
Lawn Doctor Landscaping General Contractor
-
AirPure Technologies Commercial Cleaning Service
-
Southern Home Design Tech Support Center (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.