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

    2907 4Th Ave Conway, SC 29527

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    3.58 acres of commercial land with utilities and high visibility.

    Lot size:
    3.58 Acres

    Property Features for 2907 4Th Ave

    General Information

    Lot size
    3.58 Acres

    We can help!

    Listing Contact
    John Gressette
    John Gressette
    Source: Moodyscre

    Listing Agency: Colliers | Columbia Listing Agent: John Gressette

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Cleared Land in Conway, SC

    Approximately 3.58 acres of cleared land is available for development in Conway, South Carolina. The property is zoned GC (General Commercial) and has water and sewer access on-site. Located on the northeast corner of US-701 (4th Avenue) and Creel Street, the site benefits from excellent visibility and access. It is situated less than 5 miles from Downtown Conway and Coastal Carolina University.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0737884
    Latitude
    33.8231928

    Nearby Similar for Sale

    • $349,777
      Pending

      Medical Office Near Conway Medical

      Spacious medical office near Conway Medical Center for sale.
      166 Waccamaw Medical Park Ct, Conway, SC 29526
      View Details
    • $3,000,000
      3,104 SF

      High-Visibility Commercial Asset on Highway

      Multi-stream income property on a prime corner lot.
      4580 Highway 501 W, Conway, SC 29526
      View Details
    • New
      $134,900
      1,140 SF

      Conway Commercial Property For Sale

      Versatile commercial property near downtown Conway and Myrtle Beach.
      1717 Racepath Ave, Conway, SC 29527
      View Details
    • $3,000,000
      1.13 Acres

      High-Visibility Commercial Asset on Highway

      Multi-stream income property on a prime corner lot.
      4580 Highway 501 W, Conway, SC 29526
      View Details
    • $740,000
      1,184 SF

      Turn Key Building For Sale

      Turn key building in historic district with high foot traffic.
      337 Main St, Conway, SC 29526
      View Details
    • $1,049,000
      1,500 SF

      Conway Warehouse/Industrial Facility For Sale

      11,800 SF warehouse/industrial facility on 2.16 acres in Conway, SC.
      3673 Highway 701 North, Conway, SC 29526
      View Details
    • $199,900
      2,000 SF

      Conway Commercial Building For Sale

      Commercial building in Conway, SC, suitable for restaurant, retail, office.
      1806 Racepath Ave, Conway, SC 29527
      View Details
    • $449,000
      Pending

      Renovated Duplex Near Coastal Carolina

      Two spacious units, ideal for investors or owner-occupants.
      1798/1800 Barberry Dr, Conway, SC 29526
      View Details
    • $419,999
      Pending

      Conway, SC Mobile Home Park

      Mobile home park with expansion potential in Conway, South Carolina.
      Tweety Ave, Conway, SC 29527
      View Details
    • $1,200,000
      18.10 Acres

      Equestrian Farm with 29 Stalls

      18-acre horse farm with barn, arenas, and living quarters.
      6200 Adrian Pkwy, Conway, SC 29526
      View Details
    • New
      $1,100,000
      7,100 SF

      Mixed-Use Investment Opportunity in Conway

      Mixed-use property with office, warehouse, and residential components.
      981 Fox Holw Dr, Conway, SC 29526
      View Details
    • $385,000
      5.95 Acres

      Conway Residential Lot with Pond

      5.95 acre wooded property with pond and multiple structures.
      2701 Wise Rd, Conway, SC 29526
      View Details

    FAQs

    What type of property is this?
    Land - 3.58 acres of commercial land with utilities and high visibility.
    Where is this land located?
    The property is located at 2907 4Th Ave Conway, SC.
    What are key features of this property?
    This property features: - Excellent visibility and access from corner of US-701 and Creel Street.; - Zoning: GC (General Commercial) allows for a wide range of development options.; - Water and sewer access on-site simplifies the development process.
    (803) 401-4233 Call to check price and availability
    Request Owner's contact information
    2907 4Th Ave Conway, SC 29527
    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.
    2907 4Th Ave
    Conway, SC 29527
    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
    2907 4Th Ave Conway, SC 29527
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Gressette
    John Gressette
    Real Estate License ID: 126200
    (803) 401-4233 (803) 760-5824 (803) 254-2300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!