2014 Irby StFlorence, SC 29505

  • Data centers and call centers
  • 10,600 SF

Property Details for 2014 Irby St

Year built
1986
Lot size
1.27 AC
Property size (Sq ft)
10,600 SF
Property type
Data centers and call centers
APN
00175-01-132
APU
17501132

Description

Southside Commons, a 37,488 square foot retail center built in 1999, offers a prime retail space for lease in Florence, South Carolina. Located at 2014 S Irby St, Florence, SC 29505, this single-building property enjoys a highly visible location on South Irby Street (US 52 & 301), a major north-south thoroughfare. The center benefits from exceptional daily traffic counts exceeding 21,000 vehicles, facilitated by a signalized main entrance ensuring convenient access for customers. This well-established center boasts strong co-tenancy, including prominent national retailers such as Dollar Tree, Verizon Wireless, GameStop, and others, creating a vibrant and attractive shopping destination. Currently, one retail space of 1,608 square feet is available. The property is situated in Florence County, within a well-developed area, offering excellent visibility and accessibility for businesses seeking a thriving retail environment. The absence of internet cafes within the center is noted. This opportunity presents a chance to establish a presence in a successful and established retail center with high traffic volume and strong neighboring businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,747,159
    6.5%
    $1,612,762
    7%
    $1,497,565
  • Comparable approach

    Method
    Valuation
    Relative Method
    $862,597
    Geo Method
    $1,795,004
  • Alternative Use

    Use
    Valuation
    Residential
    $1,999,825
    Hospitality
    $1,831,829
    Educational
    $1,524,060
    Medical
    $1,576,475
    Retail
    $2,370,760

Location Insight

City
Florence
County
Florence
State
South Carolina
Latitude
34.232
Longitude
-79.7522
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
$13,337
$988
$25,153
$26,141
-
$24,700
$628,819
$653,519

FAQs

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