620 Evans StFlorence, SC 29501

Property Details for 620 Evans St

Year built

1962

Lot size

0.32 AC

Property size (Sq ft)

2,868 SF

Zone code

B1

Property type

Office properties

Property subtype

Office buildings

APN

90074-01-022

APU

9007401022

Description

This exceptional 3,000 square foot freestanding office building at 620 W Evans Street in Florence, SC, presents a fantastic leasing opportunity. Ideally situated near downtown Florence, this property offers unparalleled convenience with easy access to I-95 and I-20. The building boasts four private offices, ample administrative workspace, an open-concept area perfect for collaborative work, a large conference room, substantial storage, and two restrooms. Fifteen or more parking spaces provide ample parking for employees and clients. Recent renovations and new management ensure a modern and well-maintained environment. The property sits on a 0.07-acre lot and benefits from a high average annual daily traffic count of 10,500 vehicles, according to the South Carolina Department of Transportation. The asking price of $4,500 reflects a three-year lease for the entire space "as-is." However, flexible lease options are available, including the possibility of dividing the space to accommodate two separate tenants. This presents a unique chance to establish or expand your business in a thriving location with excellent visibility and accessibility. The building's modern amenities and convenient location make it an ideal choice for a variety of businesses seeking a professional and efficient workspace. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $470,806

  6.5%

  $434,590

  7%

  $403,548

• Comparable approach

  Method

  Valuation

  Relative Method

  $201,877

  Geo Method

  $485,667

• Alternative Use

  Use

  Valuation

  Residential

  $538,891

  Hospitality

  $493,622

  Educational

  $410,687

  Medical

  $424,811

  Retail

  $638,847

Location Insight

City

Florence

County

Florence

State

South Carolina

Latitude

34.1963

Longitude

-79.7779

CBSA code

22500

CBSA name

FLORENCE, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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