Mixed-Use Property with
For Sale
$9,750,000
1300 N Kings Hwy., Myrtle Beach, SC 29577
COMMERCIAL/INDUSTRIAL, Yes, Myrtle Beach, SC
Property Size42,548 SF
Lot Size1.48 Acres
Price / SF$229.15
Days on Market592
Property Features for 1300 N Kings Hwy.
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC2 (A)
Exterior features
Fire Alarm, Fixtures/Furniture, Kitchen Facility, Office(s), Restrooms - Public
Subdivision
East Chester
Standard status
Active
Size
42,548 SF
Lot size
1.48 Acres
Building Details
Floors in Building
3
Number of units
1
Architectural style
Other
Listing Agency:
KingOne Properties
(843) 497-9100
Listed By:
Christopher Manios · License #130603
(843) 340-4653
Added: Mar 20, 2025
Changed: Oct 15
Last Checked: Nov 1 at 10:06PM
MLS# 2513957
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.
The property includes a closed church structure, approximately 14,000 SF of vacant land at the western end of one parcel, and two paved parcels. The site is zoned HC2 (A). Exterior features include a kitchen facility, public restrooms, offices, fixtures and furniture, and a fire alarm.
Located at 1300 N Kings Hwy. in Myrtle Beach, the property is one block from the beach. The parcel breakdown includes 65,399 SF north of Chester St, 13,901 SF south of the main parcel and east of 13th Ave N, and 10,745 SF south of the main parcel and west of 13th Ave N.
Located at 1300 N Kings Hwy. in Myrtle Beach, the property is one block from the beach. The parcel breakdown includes 65,399 SF north of Chester St, 13,901 SF south of the main parcel and east of 13th Ave N, and 10,745 SF south of the main parcel and west of 13th Ave N.
Key Highlights
- Closed church structure with approximately 14,000 SF of vacant land at the western end of the parcel
- One block from the beach at 1300 N Kings Hwy. in Myrtle Beach
- Zoned HC2 (A)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$539,934
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,798,680
$10.8M
Cap Rate 7%
$7,713,343
$7.7M
Cap Rate 9%
$5,999,267
$6.0M
Market Conditions
NOI Build-Up for 42,548 SF
Gross rent
$919.0K $21.60/SF
− Vacancy
−$55.1K −$1.30/SF
EGI
$863.9K $20.30/SF
− OpEx
−$324.0K −$7.61/SF
NOI
$539.9K $12.69/SF
Area
Horry County, SC
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,798,680
Cap Rate 7%
$7,713,343
Cap Rate 9%
$5,999,267
Alternative Uses
Best Use
Mixed Use
$7.71M
$6.75M – $9.00M
NOI $539,934 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.78M
$9.44M – $12.58M
NOI $754,836 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,578
Businesses Nearby
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Business Placement
Demographics for 29577, SC
34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A closed church building, vacant land, and paved parcels make up the property one block from the beach.
Where is this mixed-use property located?
The property is located at 1300 N Kings Hwy. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $9,750,000.
What are key features of this property?
This property features: Closed church structure with approximately 14,000 SF of vacant land at the western end of the parcel; One block from the beach at 1300 N Kings Hwy. in Myrtle Beach; Zoned HC2 (A)
