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    5301 S Kings Hwy Myrtle Beach, SC 29575

    For Sale
    $3,500,000

    Retail - Myrtle Beach, SC

    Type:Retail
    Property size:
    10,200 SF
    Days on Market:
    343
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 5301 S Kings Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C8
    Size
    10,200 SF

    Building Details

    Floors in Building
    2
    Number of units
    1
    Architectural style
    Other

    The Myrtle Beach Real Estate Store LLC (843) 455-6616 [email protected]

    Listing agent Eva Rigney (843) 455-6616

    Listing date Jan 6, 2025

    MLS# 2500034 Listing URL

    Copyright © 2025 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

    Retail Opportunity in Myrtle Beach

    This property presents an opportunity for investors seeking a stable, income-generating asset. The sale includes the land and building, with a lease-back agreement in place allowing the current restaurant business to continue operations. This arrangement provides immediate and reliable rental income. The property, located in Myrtle Beach, South Carolina, offers 10,200 square feet of space and is zoned C8. This is an opportunity to acquire a property in a prime location with a built-in tenant, offering a low-risk investment with long-term potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lobster House Seafood ... Seafood Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.944553
    Latitude
    33.643731

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    FAQs

    What type of property is this?
    Restaurant - Land and building for sale with lease-back agreement.
    Where is this restaurant located?
    The property is located at 5301 S Kings Hwy Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Immediate and reliable rental income from existing restaurant tenant.; - Lease-back agreement in place with current restaurant business.; - Low-risk investment opportunity with built-in tenant.
    (843) 455-6616
    Request Owner's contact information
    5301 S Kings Hwy Myrtle Beach, SC 29575
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    Myrtle Beach, SC 29575
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    Realmo Value Estimation

    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.

    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.

    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
    5301 S Kings Hwy Myrtle Beach, SC 29575
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