US Hwy 76 and Old Marion Hwy

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US Hwy 76 and Old Marion Hwy

FLORENCE, SC 29506
Asking Price
$1.50M
Asset Type
Commercial Land
Class
Class B

What's Special

Prime Commercial Development Site – US Hwy 76 & Old Marion Hwy | Florence, SC <ul><li>​5.71 total acres across 3 parcels (00336-01-021, -022, -023); 4.66 acres zoned and available for commercial development</li><li>​SCDOT ingress/egress approval secured on both US Hwy 76 and Old Marion Hwy</li><li>​±428 ft of frontage on US Hwy 76 (±248 ft available for access); ±175 ft of access frontage on Old Marion Hwy</li><li>​City/county water and sewer available</li><li>​Favorable topography with natural sheet-flow drainage</li><li>​U.S. Army Corps of Engineers (Charleston District

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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