12132 Highway 905, Longs, SC 29568
COMMERCIAL - Longs, SC
Property Features for 12132 Highway 905
General Information
Building Details
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Investment Insights
Based on property information with market context.
Located along Highway 905 in Longs, SC, the property provides road frontage and visibility. The description notes easy access to Highways 9, 22, and 31, as well as North Myrtle Beach and Little River, in addition to the expanding Longs community.
With nearly two acres of land and existing commercial improvements, the property provides space for parking and potential expansion or future development consistent with the site’s zoning.
Key Highlights
- 1.85‑acre commercial property at 12132 Highway 905 in Longs, SC.
- Zoned FA.
- Approximately 1,750 SF convenience store and former gas station building on site.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.5k | $22.56 |
| − Vacancy | −$987 | −$0.56 |
| EGI | $38.5k | $22.00 |
| − OpEx | −$9.6k | −$5.50 |
| NOI | $28.9k | $16.50 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 29568, SC
Market
Vacancy Rate% for Retail in South region