405 Jones RdOlanta, SC 29114

  • Office properties
  • 1,500 SF
For Sale
$198,700 View listing

Property Details for 405 Jones Rd

Year built
1947
Lot size
0.38 AC
Property size (Sq ft)
1,500 SF
Zone code
B3
Property type
Office properties
Property subtype
Office buildings
APN
04520-03-110
APU
452003110

Description

This exceptional 1-acre commercial lot, located at 405 N Jones Rd in Olanta, South Carolina, presents a remarkable opportunity for entrepreneurs and investors alike. Priced at $198,700, this property boasts a highly desirable location in the heart of Olanta, offering unparalleled convenience and accessibility. Its central position ensures high visibility and easy access for customers and employees. The property's prime location near interstate access further enhances its appeal, providing seamless connectivity to regional transportation networks. The expansive 1-acre lot provides ample space for a variety of commercial ventures, allowing for significant flexibility in development and design. The existing structure is ready for immediate customization, allowing new owners to tailor the space to perfectly meet their specific business needs. This is a blank canvas, perfect for establishing a new business or relocating an existing one. The property's potential is virtually limitless, making it an ideal investment for those seeking a strong return on their investment in a thriving community. Don't miss this chance to secure a prime commercial property in a rapidly growing area. Act quickly, as opportunities like this are rare. The property is ready for immediate occupancy and offers a unique chance to establish a successful business in a strategic location. The asking price reflects the exceptional value and potential of this property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $310,821
    6.5%
    $286,912
    7%
    $266,418
  • Comparable approach

    Method
    Valuation
    Relative Method
    $134,099
    Geo Method
    $254,010
  • Alternative Use

    Use
    Valuation
    Residential
    $355,770
    Hospitality
    $325,884
    Educational
    $271,131
    Medical
    $280,456
    Retail
    $421,760
405 Jones Rd, Olanta, South Carolina

Location Insight

City
Olanta
County
Florence
State
South Carolina
Latitude
33.9404
Longitude
-79.9312
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
$549
$411
$694
$1,105
-
$10,286
$17,359
$27,645

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