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Commercial at 1503 Old Mars Bluff Rd., Florence
Commercial at 1503 Old Mars Bluff Rd., Florence, photo 2 of 4
Commercial at 1503 Old Mars Bluff Rd., Florence, photo 3 of 4
Commercial at 1503 Old Mars Bluff Rd., Florence, photo 4 of 4
4 photos

$600,000

Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A
1503 Old Mars Bluff Rd.
Florence, SC 29506-2952
Listed by C/B McMillan and Assoc.

Highlights

Property type
Commercial
Lot size
6.5 acres
On market
5 days

About this home

Property Description (English) PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY – ±6.5 ACRES | FLORENCE, SC | RURAL OPPORTUNITY ZONE Exceptional investment and development opportunity featuring approximately 6.5 acres of commercial land located off Old Mars Bluff Road in Florence, South Carolina. Situated within a designated Rural Opportunity Zone, this property offers potential tax advantages and attractive incentives for qualifying developers and investors. The property is ideally positioned adjacent to Levy Park, which is scheduled to undergo a major $17.85 million redevelopment, with construction anticipated to begin in Spring 2027. This significant public investment is expected to enhance the surrounding area and create additional opportunities for commercial growth. Please see the attached renderings of the planned park improvements. Conveniently located within approximately one mile of McLeod Regional Medical Center and Downtown Florence, the property offers easy access to East Palmetto Street (Highway 76), a major corridor connecting Downtown Florence to Florence Regional Airport. With its strategic location, proximity to major employment centers, substantial public investment next door, and potential Opportunity Zone incentives, this property presents an outstanding opportunity for medical, professional office, retail, or mixed-use development, subject to applicable zoning and approvals. A rare opportunity to invest in approximately 6.5 acres of commercial land in an area positioned for continued growth and revitalization. Plans for new park available upon request.

Property details

MLS
REALTOR® Association of Greater Pee Dee
MLS #
2604535
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
5
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
6.5 acres

Market position

How this listing compares to current activity in Florence, from live MLS data.

On the market 5 days -- 80 fewer days than Florence's current average of 85 days.
For reference, the median list price across 690 active listings in Florence right now is $275,170.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$3,763/mo
$120,000 down
$480,000 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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Data source: Listing information provided by REALTOR® Association of Greater Pee Dee. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.