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    Property profile & analytics

    401 Cheves St Florence, SC 29501-4446

    • Office buildings
    • 2,072 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Last Sale
    Jul 02, 2025
    $285,000
    Location Intelligence
    Property ID
    US77-3084311
    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.

    Current Use by Public Records

    • MICHAEL D. PAVY, MD / Oncologist / Hematologist
    • Bask Psychological Services, LLC / Psychologist
    • McLeod Center for Cancer Treatment & Research / Cancer Treatment Center
    • RAJESH BAJAJ, MD / Oncologist / Hematologist
    • KARIM TAZI, MD / Oncologist

    Property Details for 401 Cheves St

    Year built
    1920
    Lot size
    0.21 lot acres
    Property size
    2,072 SF
    Property type
    Office buildings
    APN
    90074-04-035
    APU
    9007404035

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $230,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $235,000
      Mixed-Use
      $215,000
      Hospitality
      $255,000
      Educational
      $190,000
      Residential Income
      $250,000
      Energy
      $210,000
      Income-Based Land
      $245,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.7728
    Latitude
    34.1955
    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
    $4,161
    $1,427
    $6,343
    $7,770
    -
    $35,680
    $158,582
    $194,262

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      2601 Tv Rd

      OFFICE BUILDING • 2,800 SF
      2601 Tv Rd, Florence, SC 29501-0703
      View Details
    • Value Estimation by Request
      3,590 SF

      255 Warley St

      OFFICE BUILDING • 3,590 SF
      255 Warley St, Florence, SC 29501-4444
      View Details
    • Value Estimation by Request
      1,948 SF

      531 Evans St

      OFFICE BUILDING • 1,948 SF
      531 Evans St, Florence, SC 29501-3407
      View Details
    • Value Estimation by Request
      1,524 SF

      1250 Celebration Blvd

      OFFICE BUILDING • 1,524 SF
      1250 Celebration Blvd, Florence, SC 29501-5498
      View Details
    • Value Estimation by Request
      22,400 SF

      Florence, SC 29501

      OFFICE BUILDING • 22,400 SF
      Florence, SC 29501
      View Details
    • Value Estimation by Request
      7,860 SF

      780 Woody Jones Blvd

      OFFICE BUILDING • 7,860 SF
      780 Woody Jones Blvd, Florence, SC 29501-7433
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Downtown Florence Mixed-Use Gem

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      2,450 SF

      Habersham Square Flex Space Available

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    401 Cheves St
    Florence, SC 29501-4446
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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