2530 David H Mcleod BlvdFlorence, SC 29501

Property Details for 2530 David H Mcleod Blvd

Year built

1987

Lot size

7.72 AC

Property size (Sq ft)

115,500 SF

Property type

Outlet malls

APN

00099-01-066

APU

9901066

Description

This exceptional retail opportunity is located within Crossroads Center, a prominent power center in Florence, South Carolina. The property boasts a total of 110,575 square feet across four single-story buildings, situated on eight acres of land. Currently, 43,276 square feet of contiguous space is available for lease, previously occupied by Conn's Furniture. This space offers a dedicated loading dock, multiple points of ingress and egress, and convenient cross-access with an adjacent shopping center. The property also presents the potential for pylon signage, enhancing visibility and brand recognition. The building, constructed in 1987 and classified as Class B, features a total of 407 parking spaces for customer convenience. The location benefits from high visibility along David H McLeod Blvd, a major retail corridor with a daily traffic volume of 31,300 vehicles. Its strategic placement near the intersection of I-20 and I-95 ensures excellent accessibility. Strong co-tenancy includes Big Lots, Citi Trends, and Badcock Furniture, further enhancing the property's appeal. The surrounding area is a thriving retail hub, with nearby shopping centers such as Florence Mall and Magnolia Mall featuring a diverse range of national retailers. The property is zoned CI (Commercial Improved) and has an APN of 00099-01-066 within Florence County. Minimum divisible space is 14,735 square feet, with a maximum contiguous space of 43,276 square feet available. This presents a rare anchor opportunity in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $23,636,536

  6.5%

  $21,818,340

  7%

  $20,259,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,282,980

  Geo Method

  $49,288,100

• Alternative Use

  Use

  Valuation

  Residential

  $18,404,586

  Hospitality

  $16,858,502

  Educational

  $14,026,076

  Medical

  $14,508,455

  Retail

  $21,818,340

Location Insight

City

Florence

County

Florence

State

South Carolina

Latitude

34.187

Longitude

-79.83

CBSA code

22500

CBSA name

FLORENCE, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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