Medical Office Building with Exam
116 Professional Park Dr. Conway, SC 29526
116 Professional Park Dr., Conway, SC, 29526
$1,899,000
For Sale
$1,899,000
SINGLE_FAMILY - Conway, SC
Property Size3,988 SF
Lot Size0.78 Acres
Price / SF$476.18
Days on Market47
Property Features for 116 Professional Park Dr.
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- Medical
- Standard status
- Active
- Size
- 3,988 SF
- Lot size
- 0.78 Acres
Building Details
- Number of units
- 1
Listing Agency
Carolina Strand Realty
(843) 945-9006
Myrtle Beach, SC
Listed by
Brandon Brookshire · License #4212
(843) 458-8551
Added: Jun 5 Checked: Jul 21 at 12:06 am
MLS# 2614477
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.
Brand-new brick construction medical office space located within Singleton Ridge Professional Business Park. The interior is configured for clinical use, including 9 exam rooms, a reception area and lobby, 3 private offices, a medical technician workspace, and a laboratory room. Additional support space includes a computer room with dedicated HVAC, plus 3 bathrooms. The property’s layout is designed to accommodate both patient flow and back-office needs in a single, purpose-built facility.
The building sits on Singleton Ridge Road next to Conway Medical Center, Coastal Carolina University, and Horry-Georgetown Technical College. Public remarks note high daily traffic counts, which can support visibility and convenient access for patients and staff. Parking is also a built-in consideration, with 25 parking spaces provided on site.
With zoning designated as Medical, this facility is well suited for healthcare providers looking for ready-to-occupy space with exam-room infrastructure, dedicated HVAC for the computer room, and sufficient on-site parking. The combination of reception, private offices, and dedicated lab and technician areas supports a range of outpatient services that require multiple clinical rooms and supporting work areas.
The building sits on Singleton Ridge Road next to Conway Medical Center, Coastal Carolina University, and Horry-Georgetown Technical College. Public remarks note high daily traffic counts, which can support visibility and convenient access for patients and staff. Parking is also a built-in consideration, with 25 parking spaces provided on site.
With zoning designated as Medical, this facility is well suited for healthcare providers looking for ready-to-occupy space with exam-room infrastructure, dedicated HVAC for the computer room, and sufficient on-site parking. The combination of reception, private offices, and dedicated lab and technician areas supports a range of outpatient services that require multiple clinical rooms and supporting work areas.
Key Highlights
- Brand‑new brick construction medical office space available at Singleton Ridge Professional Business Park
- Layout includes 9 exam rooms, 3 private offices, and a reception area and lobby
- Additional rooms include a medical technician workspace, laboratory room, and computer room with dedicated HVAC
Local Financial Insights For Healthcare Medical
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 | $101.9k | $25.56 |
| − Vacancy | −$2.5k | −$0.64 |
| EGI | $99.4k | $24.92 |
| − OpEx | −$39.8k | −$9.97 |
| NOI | $59.6k | $14.95 |
3,988 SF · lease $25.56/SF/yr · vacancy 2.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$851.9K
$745.4K – $993.9K
NOI $59,631 @ 7.0% cap · market cap 3.14%
Second Best
Office B
$697.3K
$610.2K – $813.6K
NOI $48,813 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$1.01M
$884.4K – $1.18M
NOI $70,750 @ 7.0% cap · market cap 3.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
Medical Office Space - Brand-new medical office with 9 exam rooms, dedicated HVAC, and ample parking for patient-centered care.
Where is this medical office space located?
The property is located at 116 Professional Park Dr. Conway, SC.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Brand‑new brick construction medical office space available at Singleton Ridge Professional Business Park; Layout includes 9 exam rooms, 3 private offices, and a reception area and lobby; Additional rooms include a medical technician workspace, laboratory room, and computer room with dedicated HVAC
