Building Details

Floors in Building 1

Number of units 1

Listing Agency: Sloan Realty Group M***@SRGmail.Com Show Phone

Listed By: Blake Sloan Show Phone

Added: Jun 27 Changed: Oct 14 Last Checked: Oct 23 at 2:06PM

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MLS# 2616264

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.

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Investment Insights

Based on property information with market context.

This 1.85-acre commercial land offering includes an approximately 1,750-square-foot convenience store and former gas station at 12132 Highway 905. The existing improvement provides a starting point for renovation, reuse, or redevelopment, while the site’s scale supports additional parking, expansion, or future construction. The property is zoned FA.

Positioned along Highway 905 in Longs, the parcel has road frontage and visibility from the highway. Access is available to Highways 9, 22, and 31, with North Myrtle Beach, Little River, and the Longs community identified in the surrounding area. The combination of an existing commercial structure and 1.85 acres creates a flexible land-and-improvement configuration for a range of commercial plans.

Key Highlights

• 1.85‑acre commercial land parcel in Longs, SC
• Approximately 1,750 square feet of existing improvements
• Existing convenience store and former gas station

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$28,870

Cap Rate

7.22%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$577,400 $577.4K

Cap Rate 7%

$412,429 $412.4K

Cap Rate 9%

$320,778 $320.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,750 SF

Gross rent

$39.5K $22.56/SF

− Vacancy

−$987 −$0.56/SF

EGI

$38.5K $22.00/SF

− OpEx

−$9.6K −$5.50/SF

NOI

$28.9K $16.50/SF

Area

Horry County, SC

Vacancy

2.50%

Lease Rate

$22.56 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$577,400

Cap Rate 7%

$412,429

Cap Rate 9%

$320,778

Alternative Uses

Best Use

Specialty Retail

$412.4K

$360.9K – $481.2K (±1% cap)

NOI $28,870 @ 7.0% cap · market cap 7.22%

Second Best

Retail

$364.5K

$318.9K – $425.2K (±1% cap)

NOI $25,512 @ 7.0% cap · market cap 6.38%

Theoretical Best

Office A

$443.5K

$388.1K – $517.4K (±1% cap)

NOI $31,046 @ 7.0% cap · market cap 7.76%

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

Commercial land

Suggested Use

Top Pick Garden Center Gym & Fitness 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

3

Businesses Nearby

Explore this area Business Placement

Demographics for 29568, SC

15,287

Population

8,131

Households

1.9

Avg Household Size

52

Median Age

18%

College-Educated

92%

High-School Grad

89.5 sq mi

ZIP Area

171

Density / Sq Mi

$61,048

Median Household Income

$29,181

Median Earnings

$1,241

Median Rent

$234,900

Median Home Value

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

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Specialty Property

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Frequently Asked Questions

What type of property is this?

Commercial land - Highway-fronting parcel includes an existing convenience store and former gas station.

Where is this commercial land located?

The property is located at 12132 Highway 905 Longs, SC.

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: 1.85‑acre commercial land parcel in Longs, SC; Approximately 1,750 square feet of existing improvements; Existing convenience store and former gas station