450 Cashua Dr Florence, SC 29501
This exceptional 3.78-acre commercial property, located at 450 N Cashua Drive, presents a remarkable development opportunity. Situated on a major commercial thoroughfare, just two miles from Interstate 95 and boasting a daily traffic count of 18,800 vehicles, this level and cleared lot offers unparalleled visibility and accessibility. The property is zoned for General Commercial use, with the possibility of multifamily development. Utilities are readily available, including a 12-inch water main with manhole, sewer, natural gas, and a fire hydrant on-site. Its strategic location within a "QCT zone" places it in close proximity to a variety of established businesses and amenities, including Carolina Centers for Sight, an ambulatory surgery center, Fresenius Dialysis Center, Nucor Steel, multiple shopping centers, grocery stores, a hospital, and an elementary school. Several car dealerships are also located nearby. This prime location offers excellent potential for a diverse range of commercial developments, capitalizing on the high traffic volume and established infrastructure. The asking price for this exceptional property is $799,000. Private ownership is offered.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.