147 Ron Mcnair BlvdLake City, SC 29560

Property Details for 147 Ron Mcnair Blvd

Year built

1988

Lot size

0.61 AC

Property size (Sq ft)

2,819 SF

Zone code

HB

Property type

Drive through restaurants

APN

80008-18-016

APU

8000818016

Description

This exceptional 2,819-square-foot vacant quick-service restaurant (QSR) building is ideally situated on a 0.73-acre lot at the corner of S Ron McNair Blvd (US-52) and Wilcox St in Lake City, South Carolina. The property boasts excellent visibility and accessibility with three convenient access points: two curb cuts on Ron McNair Blvd and one on Wilcox St. Benefit from high traffic volume, averaging approximately 15,000 vehicles daily. The existing infrastructure includes a drive-thru lane, ample parking for 29 vehicles, a ready-made patio seating area, and prominent pylon signage. The building is ready for immediate occupancy. Lake City's strategic location, midway between Columbia and Myrtle Beach, SC, and approximately 25 miles south of Florence, SC, ensures a strong customer base. The area is densely populated with numerous national and regional retailers, including Burger King, Hardee's, McDonald's, Subway, Pizza Hut, Advance Auto, Tractor Supply, T-Mobile, Bojangles, Wendy's, Taco Bell, and a soon-to-open Dunkin'. This turnkey property presents a unique opportunity for a savvy investor or operator seeking a high-traffic location with established infrastructure. The asking price is $850,000, with a price per square foot of $301.53. This is a single-unit building on a single lot.

• CAP approach

  CAP return

  Valuation

  6%

  $677,576

  6.5%

  $625,454

  7%

  $580,779

• Comparable approach

  Method

  Valuation

  Relative Method

  $262,098

  Geo Method

  $496,464

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,229,940

  Mixed-Use / Specialty

  $619,085

  Hospitality / Lodging

  $448,814

  Office

  $611,096

  Institutional / Educational

  $642,120

  Residential Income

  $751,280

  Multifamily

  $923,992

  Automotive / Energy

  $550,388

  Parking / Income-Based Land

  $194,022

  Restaurant / Food Service

  $313,157

  Healthcare / Senior Housing

  $639,105

Location Insight

City

Lake City

County

Florence

State

South Carolina

Latitude

33.873

Longitude

-79.7607

CBSA code

22500

CBSA name

FLORENCE, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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