First-Floor Office
For Sale
Contact for pricing
1430 48th Ave. N First Floor, Myrtle Beach, SC 29577
Layouts can be tailored to tenant requirements, with delivery scheduled for February/March 2027.
Property Size20,000 SF
Price / SF$2.50
Days on Market228
Property Features for 1430 48th Ave. N First Floor
General Information
Standard status
Active
Size
20,000 SF
Class
Class A
Property subtype
Office
Additional Details
Highway Access
Yes
Property Use
Office/Medical
Building Details
Year Built
2026
Buildings
1
Building Size
20,000 SF
Listing Agency:
Tradd Commercial
(843) 839-9777
Listed By:
Adam Cates · License #60056
(843) 333-4190
Source:
Thenelsonteamsc
Added: Mar 20
Changed: Nov 1
Last Checked: Nov 1 at 3:07PM
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 Tradd Commercial
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.
Myrtlewood Corporate Center is a 20,000-square-foot Class A office building with 7,509 square feet of office or medical space on the first floor. Floor plans can be customized to tenant specifications, and delivery is scheduled for February/March 2027. Development Resource Group is the building’s anchor tenant.
The property is 0.7 miles from the intersection of Highway 17 Bypass and Grissom Parkway/International Drive, providing connections to coastal communities and residential populations in Carolina Forest and Conway.
The property is 0.7 miles from the intersection of Highway 17 Bypass and Grissom Parkway/International Drive, providing connections to coastal communities and residential populations in Carolina Forest and Conway.
Key Highlights
- 7,509 SF of first‑floor office/medical space
- 20,000‑square‑foot Class A office building
- Floor plans designed to tenant specifications
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,910
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,838,200
$1.8M
Cap Rate 7%
$1,313,000
$1.3M
Cap Rate 9%
$1,021,222
$1.0M
Market Conditions
NOI Build-Up for 7,509 SF
Gross rent
$144.2K $19.20/SF
− Vacancy
−$21.6K −$2.88/SF
EGI
$122.5K $16.32/SF
− OpEx
−$30.6K −$4.08/SF
NOI
$91.9K $12.24/SF
Area
Horry County, SC
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,838,200
Cap Rate 7%
$1,313,000
Cap Rate 9%
$1,021,222
Alternative Uses
Best Use
Healthcare Medical
$1.60M
$1.40M – $1.87M
NOI $112,279 @ 7.0% cap · market cap 598.12%
Second Best
Office B
$1.31M
$1.15M – $1.53M
NOI $91,910 @ 7.0% cap · market cap 489.61%
Theoretical Best
Office A
$1.90M
$1.67M – $2.22M
NOI $133,216 @ 7.0% cap · market cap 709.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Layouts can be tailored to tenant requirements, with delivery scheduled for February/March 2027.
Where is this office unit located?
The property is located at 1430 48th Ave. N First Floor Myrtle Beach, SC.
What are key features of this property?
This property features: 7,509 SF of first‑floor office/medical space; 20,000‑square‑foot Class A office building; Floor plans designed to tenant specifications
