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Property profile & analytics
OFF-MARKET Estimated value $1,900,000
Motels

3821 Bancroft Rd Florence, SC 29501-8041

19,551 SF 2.15 ac lot Built 1996
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US77-1107974
Property summary
AI-generated overview

This 51-key, two-story hotel in Florence, South Carolina, presents a unique owner/user investment opportunity. Located at I-95 Exit 157, the property benefits from high daily traffic volume (approximately 40,000 vehicles) on a major interstate corridor. Florence's strategic location midway between New York and Miami, coupled with recent economic growth fueled by a $1 billion AESC electric battery plant, creates a dynamic and attractive market. The hotel, built in 1996 and extensively renovated in 2023, is currently unfranchised, offering flexibility for future branding and management. Its proximity to the planned QT truck stop at Exit 157 further enhances its potential for increased visibility and revenue. The property sits on commercially zoned land in Florence County, and offers significant upside potential given the area's rapid development and influx of new businesses and residents. This is a rare chance to acquire a well-positioned hospitality asset in a booming South Carolina market. The hotel's 51 keys provide immediate income potential, while the strategic location and ongoing development in the area promise significant long-term growth. This is an exceptional opportunity for investors seeking a strong return on investment in a high-growth market.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1996
Total area 19,551 SF
Lot 2.15 ac (93,654 SF)
APN 00076-01-114
UPID US77-1107974
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
Current use
Occupant on record · Public records
  • Florence Inn and Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.90M
CAP Approach CAP
$1.82M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.90M
Owner & transaction history
Usta LLC · 1 yrs held
Usta LLC
since 2024
Last sale
$1.9M
3 recorded transactions
2024
$1.9M
2018
$2.4M
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.8M +609.8%
Office building $1.5M +480.1%
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