Highway-Front Storefront
New
For Sale
$499,900
1925 East Highway 9 Bypass, Loris, SC 29569
Loris, SC
Property Size1,810 SF
Lot Size3.56 Acres
Price / SF$276.19
Days on Market7
Property Features for 1925 East Highway 9 Bypass
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
1,810 SF
Lot size
3.56 Acres
Listing Agency:
NextHome The Agency Group
(202) 590-7816
Listed By:
Mikey Mash Pro Team · License #12345,PersonLicenseNumber
(843) 340-5154
Added: Aug 19
Last Checked: Aug 25 at 5:06AM
MLS# 2620461
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This storefront property includes a 1,810-square-foot heated building on 3.56 acres. The structure is described as being in good condition and offers a commercial building footprint suited to retail-oriented use.
Access is provided from Highway 9 through two ingress and egress points, with an additional 50-foot side entrance and exit onto Log Cabin Road at its intersection with Highway 9. Public water and sewer are available along Highway 9. The property is near downtown Loris and provides access toward Highways 905 and 701, as well as North Carolina.
Access is provided from Highway 9 through two ingress and egress points, with an additional 50-foot side entrance and exit onto Log Cabin Road at its intersection with Highway 9. Public water and sewer are available along Highway 9. The property is near downtown Loris and provides access toward Highways 905 and 701, as well as North Carolina.
Key Highlights
- 1,810‑square‑foot heated storefront building
- 3.56‑acre commercial property
- Two Highway 9 ingress and egress points
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,387
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$527,740
$527.7K
Cap Rate 7%
$376,957
$377.0K
Cap Rate 9%
$293,189
$293.2K
Market Conditions
NOI Build-Up for 1,810 SF
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.
Gross rent
$38.7K $21.36/SF
− Vacancy
−$967 −$0.53/SF
EGI
$37.7K $20.83/SF
− OpEx
−$11.3K −$6.25/SF
NOI
$26.4K $14.58/SF
Area
Horry County, SC
Vacancy
2.50%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$527,740
Cap Rate 7%
$376,957
Cap Rate 9%
$293,189
Alternative Uses
Best Use
Retail
$377.0K
$329.8K – $439.8K
NOI $26,387 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$458.7K
$401.4K – $535.2K
NOI $32,111 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29569, SC
17,048
Population
7,504
Households
2.3
Avg Household Size
45
Median Age
10%
College-Educated
82%
High-School Grad
170.3 sq mi
ZIP Area
100
Density / Sq Mi
$50,659
Median Household Income
$34,719
Median Earnings
$776
Median Rent
$190,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Heated commercial building with multiple access points and public water and sewer service along Highway 9.
Where is this storefront property located?
The property is located at 1925 East Highway 9 Bypass Loris, SC.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1,810‑square‑foot heated storefront building; 3.56‑acre commercial property; Two Highway 9 ingress and egress points
