Myrtle Beach, SC 29577 Myrtle Beach, SC 29577
COMMERCIAL - Myrtle Beach, SC
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- Size
- 4,608 SF
- Lot size
- 3.25 Acres
Building Details
- Number of units
- 1
Listing agent David Alderman License #94466 (843) 467-6457
Listing office Realty ONE Group DocksideSouth Myrtle Beach, SC (843) 357-4030
Listing date Feb 16, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- High traffic location with over 27,000 vehicles passing daily
- Freestanding restaurant property
- Close proximity to the beach
Local 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 | $104.0k | $22.56 |
| − Vacancy | −$2.6k | −$0.56 |
| EGI | $101.4k | $22.00 |
| − OpEx | −$25.3k | −$5.50 |
| NOI | $76.0k | $16.50 |
Alternative Uses
Property Analytics
Current Use by Public Records
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