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Property profile & analytics
FOR SALE
Auto shops

329 N Irby St Florence, SC 29501

12,411 SF Built 1948
Entity Owned 5-yr Hold Free & Clear
Property ID
US77-2686224
Property summary
AI-generated overview

This exceptional 12,411-square-foot medical office building presents a unique investment opportunity in the heart of Florence, South Carolina. Located at 329 N Irby St, this single-story, Class D building sits on a generous 1.55-acre lot and boasts a prominent corner location at the intersection of Irby and Darlington Streets. Constructed in 1948, the property is listed on the National Register of Historic Places, offering a blend of character and potential. The asking price is $1,350,000, translating to $108.77 per square foot. The property is zoned B-3 under City Zoning regulations. Its prime downtown location ensures high traffic counts and excellent visibility, making it an ideal setting for a variety of medical practices. All square footage measurements are approximate and should be independently verified by the buyer. This is a remarkable chance to acquire a piece of Florence's history and establish a thriving medical practice in a high-traffic area. The property's size and location offer significant potential for future development or expansion. The APN is 90086-01-011.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1948
Total area 12,411 SF
Zoning code B3
APN 90086-01-011
UPID US77-2686224
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
by Request
Comparable Approach Comparable
$637k
Blend (final) Blend
$600k
Owner & transaction history
Griffin Motors INC · 5 yrs held
Griffin Motors INC
since 2021
Last sale
$24,000
1 recorded transaction
2021
$24,000
Zoning & alternative use
B3 · Florence, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $835,000 +8.8%
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