Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2027 Lees Landing Circle Conway, SC 29526

    View on Map
    Claim this Listing
    Pending
    $68,500

    Acreage - Conway, SC

    Lot size:
    1.66 Acres
    Added:
    Sep 21, 2025
    Days on Market:
    222
    Last Refresh:
    Apr 30 at 5:06 am

    Property Features for 2027 Lees Landing Circle

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    CFA
    Exterior features
    Mobile Home Permitted, Short Term Rental Allowed, Long Term Rental Allowed, Modular Home Permitted, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
    Standard status
    Pending
    Lot size
    1.66 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Mobile Home

    We can help!

    Listing Contact
    Nicole Couilliard

    Listing agent Nicole Couilliard

    Listing office Plantation Realty Group 4280 River Oaks Drive, Myrtle Beach, SC

    Listing date Sep 21, 2025

    MLS# 2523154 Listing URL

    Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverfront Acreage on Waccamaw River

    This 1.66-acre land parcel features direct river frontage on the Waccamaw River. The property has no HOA fees and limited restrictions. Deep water access and DHEC permits are already in place. The location is less than 30 minutes from multiple public beach access points. Zoned CFA, the land is suitable for storing RVs, boats, and other recreational vehicles. The property offers privacy and easy access to the coast. The land includes mature oak trees. The zoning is one of the most versatile and desirable zoning classifications in Horry County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Auto Repair Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Horry
    State
    South Carolina
    Longitude
    -78.9902069
    Latitude
    33.8461683

    Nearby Similar for Sale

    • $3,000,000
      3,104 SF

      High-Visibility Commercial Asset on Highway

      Multi-stream income property on a prime corner lot.
      4580 W Highway 501, Conway, SC 29526
      View Details
    • $3,000,000

      High-Visibility Commercial Asset on Highway

      Multi-stream income property on a prime corner lot.
      4580 W Highway 501, Conway, SC 29526
      View Details
    • $2,500,000
      6,215 SF

      Conway Retail and Business Opportunity

      Retail property with business on approximately 1.25 acres.
      965 Bucksport Rd., Conway, SC 29527
      View Details
    • $740,000
      1,184 SF

      Turn Key Hospitality Building

      Hospitality building in historic district with high foot traffic.
      337 Main St., Conway, SC 29526
      View Details
    • $358,478

      Highway 90 Commercial Lot For Sale

      1.5 acre commercial lot on Highway 90 in Conway, SC.
      915 Highway 90, Conway, SC 29526
      View Details
    • $250,000

      Conway Land with Utilities

      4.49-acre lot with utilities, no HOA, near Conway.
      799 Redmond Ct., Conway, SC 29526
      View Details
    • $3,000,000
      21,098 SF

      Riverfront Inn Hospitality Investment

      45-room hotel in Conway, SC near Myrtle Beach.
      1004 Waccamaw Dr., Conway, SC 29526
      View Details
    • $359,900

      Conway Acreage with Steel Building

      6.18-acre property in Conway, SC, build-ready with steel building.
      2230 Pee Dee Hwy., Conway, SC 29527
      View Details
    • $370,000

      Two Homes in Conway, SC

      Two adjacent manufactured homes, ideal for investment or multi-family living.
      1015-1017 Franks Ln., Conway, SC 29526
      View Details
    • $129,900

      Conway Homesite with Acreage

      5-acre homesite in Conway, offering privacy and potential.
      1285 Cheyenne Rd., Conway, SC 29526
      View Details
    • $70,000

      Wooded Residential Lot Near Conway

      Spacious homesite close to downtown, university, and beaches.
      TBD LOT 5 Old Reaves Ferry Rd., Conway, SC 29526
      View Details
    • $325,000

      Conway Residential Lot with Acreage

      5.72 acre residential lot near Conway with existing home.
      1260 Knotty Branch Rd., Conway, SC 29527
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 1.66 acres of dockable riverfront land with permits in place.
    Where is this waterfront land located?
    The property is located at 2027 Lees Landing Circle Conway, SC.
    What is the asking price?
    The asking price for this property is $68,500.
    What are key features of this property?
    This property features: Direct river frontage on the Waccamaw River.; 1.66 acre land with no HOA fees and limited restrictions.; DHEC permits are already in place for dockable land.
    (843) 796-2111
    We can help!
    Listing Contact
    Nicole Couilliard
    Real Estate License ID: 92533
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!