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Property profile & analytics
OFF-MARKET
Medical Office Space

262 Cheves St Florence, SC 29501-4404

1,460 SF 0.52 ac lot Built 1955
Entity Owned ~ Est. High Equity
Property ID
US77-2374002
Property summary
AI-generated overview

This exceptional ±0.51-acre commercial land parcel presents a unique investment opportunity in the heart of downtown Florence, South Carolina. Located at 262 West Cheves Street, this property boasts approximately 75 feet of frontage on Cheves Street and a depth of approximately 289 feet. The site currently includes a 1,460 square foot building constructed in 1955, previously used as a dental office. This building offers potential for renovation or redevelopment, complementing the significant land value. The property is zoned Central Business District (CBD), providing flexibility for a variety of commercial uses. Conveniently located in Florence County, this site benefits from readily available utilities, including water and sewer connections. The property's prime location and zoning make it ideal for entrepreneurs and investors seeking a high-visibility presence in a thriving downtown area. The asking price is $246,580, and the APN is 90087-01-015. This is a rare opportunity to acquire a substantial commercial lot in a desirable downtown location.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1955
Total area 1,460 SF
Lot 0.52 ac (22,725 SF)
Zoning code B3
APN 90087-01-015
UPID US77-2374002
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Florence Renaissance Company
Florence Renaissance Company
since 2025
Last sale
$230,000
2 recorded transactions
2025
$230,000
2013
$130,000
Zoning & alternative use
B3 · Florence, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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