2315 Prosperity WayFlorence, SC 29501

  • Retail space
  • 12,600 SF

Property Details for 2315 Prosperity Way

Year built
1997
Lot size
6.39 AC
Property size (Sq ft)
12,600 SF
Property type
Retail space
APN
00145-01-085
APU
14501085

Description

This exceptional 16,800-square-foot commercial property, constructed in 2021, is ideally situated in Florence County, South Carolina, at 2315 Prosperity Way, zip code 29501. The building offers a versatile blend of executive office and warehouse space, categorized as flex space, making it suitable for a variety of businesses. Currently, 10,500 square feet of space is available for lease, with options ranging from 2,000 to 10,500 square feet. The single-story building features five convenient drive-in bays, catering to efficient loading and unloading. The property boasts both single and three-phase power, ensuring adaptability to diverse operational needs. Its zoning classification is County—B6. The building's strategic location provides easy access to major transportation arteries, including US Highway 52 (approximately 1.6 miles), Interstate 95 (approximately 1.8 miles), and Interstate 20 (approximately 5 miles). This shell space is ready for immediate build-out, allowing tenants to customize the interior to perfectly match their specific requirements. The property is perfect for businesses seeking a modern, efficient, and strategically located space in the thriving Florence County market. Multiple tenants are welcome.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,052,999
    6.5%
    $2,818,153
    7%
    $2,616,856
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,584,060
    Geo Method
    $5,376,884
  • Alternative Use

    Use
    Valuation
    Residential
    $2,377,217
    Hospitality
    $2,177,518
    Educational
    $1,811,670
    Medical
    $1,873,976
    Retail
    $2,818,153

Location Insight

City
Florence
County
Florence
State
South Carolina
Latitude
34.2437
Longitude
-79.7834
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
$21,466
$4,760
$37,313
$42,073
-
$119,000
$932,828
$1,051,828

FAQs

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