1503 Old Mars Bluff Rd., Florence, SC 29506-2952

$600,000

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List Price
$600,000
Days on Market
1
Status
NEW
MLS#
2604535
Lot Size (Acres)
6.5

Property Description

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.

Additional Information

Area
Florence
Utilities
Other/See Remarks
Water
Public
Elementary School
Greenwood
Middle School
Southside
High School
South Florence

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Listing courtesy of Listing Agent: William McMillan () from Listing Office: C/B McMillan and Assoc..