2228 W Palmetto St.

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2228 W Palmetto St.

Florence, SC 29501-4047
Asking Price
$250K
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose property located at 2228 W Palmetto St.
  • Total building footprint covers 1,405 square feet.
  • Asking price for the commercial asset is $250,000.
  • Strategically positioned within the growing Florence market area.
  • Property offers versatile options for various professional business uses.

What's Special

Florence serves as a major commercial and medical hub within the Pee Dee region of South Carolina, benefiting from its strategic position along the Interstate 20 and Interstate 95 corridors. This accessibility draws a consistent flow of regional traffic and supports a diverse range of local business operations. Situated at 2228 W Palmetto St., this special-purpose property spans 1,405 square feet, providing a functional footprint for specialized commercial use. Given its central location in the city, the building is well-positioned for enterprises looking to establish or expand a presence in a growing suburban market. The facility offers versatility for business owners requiring a dedicated space tailored to specific operational requirements. Investors and owner-occupants alike may find utility in this compact asset as a base for professional services, boutique retail, or administrative headquarters within the Florence community.

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

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