Property summary
This distressed industrial property presents a unique investment opportunity in Florence, South Carolina. Located at 3430 TV Road, this 15,000-square-foot building sits on a generous 17.25-acre lot, offering significant potential for redevelopment or repurposing. Built in 1970, the brick structure is zoned B-5 for Office/Light Industrial use, providing flexibility for a variety of commercial ventures. The property's strategic location offers easy access to I-95, a major East Coast thoroughfare, enhancing its appeal to businesses needing convenient transportation links. While the building requires some renovation, its substantial size and expansive land area offer considerable upside for the right investor. The property includes an 827-foot communication tower currently leased for $1 annually, with the tenant covering 20% of property taxes. Owner financing is available, making this an attractive proposition for those seeking a creative investment with potential for significant returns. The asking price is $495,000, translating to $33 per square foot. All offers are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Television Studio Media Distribution
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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