3821 Bancroft Rd Florence, SC 29501
Property profile & analytics
3821 Bancroft Rd Florence, SC 29501
- Motels
- 19,551 SF
- 2.15 lot acres
Property ID
US77-1107974
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Florence Inn and Suites / Hotel & Motel
Property Details for 3821 Bancroft Rd
- Year built
- 1996
- Lot size
- 2.15 lot acres
- Property size
- 19,551 SF
- Property type
- Motels
- APN
- 00076-01-114
- APU
- 7601114
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,900,000
- ML approach
- $1,900,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,975,000
- 6.5%
- $1,820,000
- 7%
- $1,690,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,810,000
- OFFICE BUILDING
- $1,480,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Florence
- State
- South Carolina
- Longitude
- -79.8692
- Latitude
- 34.1558
- CBSA code
- 22500
- CBSA name
- FLORENCE, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,735
$8,600
$63,400
$72,000
-
$215,000
$1,585,000
$1,800,000
