Three-Story Office
For Sale
Contact for pricing
1016 N 2nd Ave. N Unit Suite 301-C Suite 301-C, North Myrtle Beach, SC 29582
Professional suites feature natural light, elevator access, on-site parking, signage, and finished interiors.
Property Size36,000 SF
Lot Size1.77 Acres
Price / SF$3.86
Days on Market62
Property Features for 1016 N 2nd Ave. N Unit Suite 301-C Suite 301-C
General Information
Standard status
Active
Size
36,000 SF
Class
Class A
Elevators
Yes
Lot size
1.77 Acres
Additional Details
Highway Access
Yes
Amenities
huge windows
natural light
signage
beautiful finishes
great visibility
white storage cabinets
sink
vinyl wood look flooring
Building Details
Buildings
1
Stories
3
Building Size
36,000 SF
Listing Agency:
Tideland Commercial
(843) 655-4562
Listed By:
Sheena Rote · License ##91544
(843) 907-2355
Source:
Edgarwilson
Added: Aug 16
Changed: Oct 11
Last Checked: Oct 14 at 10:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tideland Commercial
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Investment Insights
Based on property information with market context.
This three-story office property encompasses 36,000 square feet on 1.77 acres in North Myrtle Beach. The building offers office suites with windows, natural light, finished interiors, white storage cabinetry, sinks, and vinyl wood-look flooring. Elevator service supports access throughout the building, while on-site parking and property signage add practical functionality.
The property is positioned at 1016 N 2nd Ave. N in North Myrtle Beach, with access to Highway 31 and Highway 17 Business. Its office configuration and existing features support a range of professional workplace uses, including the types of office users identified in the property information.
The property is positioned at 1016 N 2nd Ave. N in North Myrtle Beach, with access to Highway 31 and Highway 17 Business. Its office configuration and existing features support a range of professional workplace uses, including the types of office users identified in the property information.
Key Highlights
- 36,000‑square‑foot, three‑story office property
- Situated on 1.77 acres in North Myrtle Beach
- Access to Highway 31 and Highway 17 Business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,142
Suggested Prices Based on Cap Rates
Cap Rate 5%
$42,840
$42.8K
Cap Rate 7%
$30,600
$30.6K
Cap Rate 9%
$23,800
$23.8K
Market Conditions
NOI Build-Up for 175 SF
Gross rent
$3.4K $19.20/SF
− Vacancy
−$504 −$2.88/SF
EGI
$2.9K $16.32/SF
− OpEx
−$714 −$4.08/SF
NOI
$2.1K $12.24/SF
Area
Horry County, SC
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$42,840
Cap Rate 7%
$30,600
Cap Rate 9%
$23,800
Alternative Uses
Best Use
Office B
$30.6K
$26.8K – $35.7K
NOI $2,142 @ 7.0% cap · market cap 317.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$44.4K
$38.8K – $51.8K
NOI $3,105 @ 7.0% cap · market cap 460.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
Demographics for 29582, SC
18,897
Population
27,559
Households
0.7
Avg Household Size
62
Median Age
38%
College-Educated
94%
High-School Grad
21.9 sq mi
ZIP Area
863
Density / Sq Mi
$71,030
Median Household Income
$36,906
Median Earnings
$1,194
Median Rent
$370,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Professional suites feature natural light, elevator access, on-site parking, signage, and finished interiors.
Where is this office units located?
The property is located at 1016 N 2nd Ave. N Unit Suite 301-C Suite 301-C North Myrtle Beach, SC.
What are key features of this property?
This property features: 36,000‑square‑foot, three‑story office property; Situated on 1.77 acres in North Myrtle Beach; Access to Highway 31 and Highway 17 Business
