Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    901 Douglas St Florence, SC 29501

    • Manufacturing properties
    • 410,482 SF
    • 21.42 lot acres
    For Lease
    View listing
    $4 SF/Yr
    Value Estimations
    $1,095,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0851537
    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

    • Manufacturing properties

    Property Details for 901 Douglas St

    Year built
    1969
    Lot size
    21.42 lot acres
    Property size
    410,482 SF
    Zone code
    B6
    Property type
    Manufacturing properties
    APN
    90071-01-013
    APU
    9007101013

    Description

    This expansive industrial property, located at 901 N Douglas St, Florence, SC 29501, offers a significant opportunity for businesses seeking warehouse or distribution space. The single-story building comprises approximately 400,000 square feet, with 300,000 square feet currently vacant and immediately available. Built in 1969, the warehouse sits on a generous 31-acre lot and features 15 dock-high doors, accommodating efficient loading and unloading. Ceiling heights range from 14 to 50 feet, providing ample vertical space for various storage and operational needs. The property boasts essential utilities including water, sewer, gas, and electricity. The concrete floors and large open spaces are adaptable to a wide range of industrial uses. Currently, a temporary tenant occupies approximately 75,000 square feet, leaving substantial room for expansion. The property is zoned CI and is suitable for sale or lease. This prime location in Florence, South Carolina presents a compelling opportunity for businesses seeking a substantial industrial footprint.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,095,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.7721
    Latitude
    34.21
    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
    $31,338
    $7,711
    $50,840
    $58,551
    -
    $192,780
    $1,270,990
    $1,463,770

    Comparable in this City

    • Value Estimation by Request
      15,000 SF

      3430 Tv Rd

      Distribution properties • 15,000 SF
      3430 Tv Rd, Florence, SC 29501
      View Details
    • Value Estimation
      $310,000
      14,000 SF

      3231 Bryson Dr

      MANUFACTURING (LIGHT) • 14,000 SF
      3231 Bryson Dr, Florence, SC 29501-6221
      View Details
    • Value Estimation
      $610,000
      22,000 SF

      2710 Melon St

      MANUFACTURING (LIGHT) • 22,000 SF
      2710 Melon St, Florence, SC 29501-7123
      View Details
    • Value Estimation
      $290,000
      3,600 SF

      1401 Pecan St

      MANUFACTURING (LIGHT) • 3,600 SF
      1401 Pecan St, Florence, SC 29501-2826
      View Details
    • Value Estimation
      $405,000
      422,500 SF

      1500 12th Otis Way

      MANUFACTURING (LIGHT) • 422,500 SF
      1500 12th Otis Way, Florence, SC 29501-1116
      View Details
    • Value Estimation by Request
      3,000 SF

      1801 Cashua Dr

      MANUFACTURING (LIGHT) • 3,000 SF
      1801 Cashua Dr, Florence, SC 29501-1309
      View Details

    Similar Nearby for Sale

    • $50,000
      0.16 Acres

      Prime Florence Commercial Land

      0.16-acre lot, ideal location.
      703 Church St, Florence, SC 29501
      View Details
    • $510,000
      56.55 Acres

      Mechanicsville Road Industrial Land

      ±56-acre industrial tract, prime location.
      0 Mechanicsville Rd, Florence, SC 29501
      View Details
    • $95,000
      0.16 Acres

      Florence Commercial Land - $95K

      Prime .16-acre lot, high traffic area.
      704 Barringer St, Florence, SC 29501
      View Details
    • $799,000
      3.78 Acres

      Cashua Drive Commercial Land

      3.78-acre commercial lot, I-95 proximity.
      450 Cashua Dr, Florence, SC 29501
      View Details
    • $4,092,000
      17,174 SF

      Florence, SC Medical Facility

      Corporate-leased medical building, high NOI.
      1933 2Nd Loop Rd, Florence, SC 29501
      View Details
    • $16,000,000
      400,000 SF

      Florence Industrial Warehouse For Sale

      Massive warehouse, 300,000+ rentable SF
      901 Douglas St, Florence, SC 29501
      View Details

    Similar Nearby for Lease

    • $90 SF/Yr
      36,360 SF

      West End District Warehouse

      36,360 SF Warehouse, Prime Location
      2295 Hoffmeyer Rd, Florence, SC 29501
      View Details
    • Contact for pricing
      16,800 SF

      Florence County Executive Office Space

      Modern Flex Space, 10,500 SF Available
      2315 Prosperity Way, Florence, SC 29501
      View Details
    • $5,000 /Mo
      11,390 SF

      Versatile Commercial Space in Florence

      Commercial property with bay doors, ideal for automotive or warehouse.
      374 Darlington St, Florence, SC 29501
      View Details
    • $4 SF/Yr
      400,000 SF

      Florence Industrial Warehouse - 300,000 SF Available

      Large Industrial Space, Florence, SC
      901 Douglas St, Florence, SC 29501
      View Details
    • Contact for pricing
      11,250 SF

      Broughton Blvd Warehouse Space

      ±11,250 SF Warehouse, Florence, SC
      0 Broughton Blvd, Florence, SC 29501
      View Details
    • Contact for pricing
      30,000 SF

      Industrial Building Near I-95

      30,000 SF industrial space for lease near I-95.
      Enterprise Dr, Florence, SC 29501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    901 Douglas St
    Florence, SC 29501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.