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Retail Suite with Roll-Up Door
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1203 Highway 501 Business Unit 102, Conway, SC 29526

A trade-shop layout pairs with a dedicated roll-up door and restroom.

Property Size14,120 SF
Lot Size1.30 Acres
Price / SF$1.00
Days on Market26

Property Features for 1203 Highway 501 Business Unit 102

General Information

Standard status Active
Size 14,120 SF
Lot size 1.30 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Amenities

roll-up door
restroom

Building Details

Building Size 14,120 SF
Listing Agency: Epique Realty
Listed By: Rick Stroud · License #82819
Source: Greathomessc
Added: Oct 5 Changed: Oct 28 Last Checked: Oct 28 at 2:36PM

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 Epique Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Unit 102 contains 800± SF within an approximately 14,120 SF retail strip center. The space has a trade-shop layout, an 8' x 12' roll-up door and a restroom. The property covers approximately 1.3 acres, with approximately 190 feet of frontage along Highway 501 Business.

The site is 2 miles east of Downtown Conway and 1.3 miles from both entrances to Coastal Carolina University and Horry Georgetown Technical College. Highway 90 and Highway 544 are within ½ mile. Highway 501 Business carries an average daily traffic count of 54,300, according to SCDOT 2025.

Key Highlights

  • 800± SF trade‑shop unit with an 8' x 12' roll‑up door and restroom
  • Approximately 14,120 SF retail strip center
  • Approximately 1.3 acres with 190 feet of frontage on Highway 501 Business

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,663
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,260 $233.3K
Cap Rate 7%
$166,614 $166.6K
Cap Rate 9%
$129,589 $129.6K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$17.1K $21.36/SF
− Vacancy
−$427 −$0.53/SF
EGI
$16.7K $20.83/SF
− OpEx
−$5.0K −$6.25/SF
NOI
$11.7K $14.58/SF
Area
Horry County, SC
Vacancy
2.50%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,260
Cap Rate 7%
$166,614
Cap Rate 9%
$129,589

Alternative Uses

Best Use
Retail
$166.6K
$145.8K – $194.4K (±1% cap)
NOI $11,663 @ 7.0% cap · market cap 1,457.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$202.8K
$177.4K – $236.6K (±1% cap)
NOI $14,193 @ 7.0% cap · market cap 1,774.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby
179k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Apparel 10% Shops & Services 8% Home Improvements & Furnishings 2%
Chick-fil-A Dining
45,575 visits/mo 0.4 miles
Starbucks Dining
18,915 visits/mo 0.5 miles
Belk Apparel
17,081 visits/mo 0.5 miles
Wendy's Dining
14,815 visits/mo 0.3 miles
Dunkin' Donuts Dining
13,665 visits/mo 0.4 miles

Demographics for 29526, SC

51,403
Population
20,301
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
89%
High-School Grad
175.0 sq mi
ZIP Area
294
Density / Sq Mi
$66,490
Median Household Income
$28,341
Median Earnings
$943
Median Rent
$232,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A trade-shop layout pairs with a dedicated roll-up door and restroom.
Where is this retail space located?
The property is located at 1203 Highway 501 Business Unit 102 Conway, SC.
What are key features of this property?
This property features: 800± SF trade‑shop unit with an 8' x 12' roll‑up door and restroom; Approximately 14,120 SF retail strip center; Approximately 1.3 acres with 190 feet of frontage on Highway 501 Business
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