Building Details

Building Size 1,800 SF

Buildings 2

Stories 1

Units 2

Listing Agency: North Beach Realty s***@northbeach.com

Listed By: Steven Perry · License #46584 Show Phone

Source: Browncokerrealty

Added: Oct 6, 2025 Changed: Oct 22 Last Checked: Oct 22 at 2:26PM

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Investment Insights

Based on property information with market context.

This AG2-zoned mixed-use property includes two attached buildings: a three-bay office and garage with a waiting room and bathroom, plus a three-bedroom, two-bathroom mobile home. The 1,800-square-foot property includes updates to the home such as new flooring, some replacement windows, a tiled bathroom, and new appliances, including a stove, refrigerator, dishwasher, microwave, and washer and dryer.

The site is less than 100 yards from Hwy. #9, next to the Cypress Ridge housing development, and a 10-minute drive from Main St. in North Myrtle Beach. A big-rig trailer is also on the property and may be negotiable.

Key Highlights

• Two attached buildings include a three‑bay office/garage and a three‑bedroom, two‑bathroom mobile home
• Office/garage building has a waiting room and bathroom
• Mobile home updates include flooring, some windows, tiled bathroom, and new appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,842

Cap Rate

3.81%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$456,840 $456.8K

Cap Rate 7%

$326,314 $326.3K

Cap Rate 9%

$253,800 $253.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,800 SF

Gross rent

$38.9K $21.60/SF

− Vacancy

−$2.3K −$1.30/SF

EGI

$36.5K $20.30/SF

− OpEx

−$13.7K −$7.61/SF

NOI

$22.8K $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%

$456,840

Cap Rate 7%

$326,314

Cap Rate 9%

$253,800

Alternative Uses

Best Use

Mixed Use

$326.3K

$285.5K – $380.7K (±1% cap)

NOI $22,842 @ 7.0% cap · market cap 3.81%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$456.2K

$399.2K – $532.2K (±1% cap)

NOI $31,933 @ 7.0% cap · market cap 5.33%

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

Mixed-use properties

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Electrical Service Storage Facility

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

Location Intelligence

Trade Area within ½ mile

35

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

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Frequently Asked Questions

What type of property is this?

Mixed-use property - An attached office and garage building is paired with a refurbished three-bedroom mobile home.

Where is this mixed-use property located?

The property is located at 1560 G P Smith Ave. Longs, SC.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: Two attached buildings include a three‑bay office/garage and a three‑bedroom, two‑bathroom mobile home; Office/garage building has a waiting room and bathroom; Mobile home updates include flooring, some windows, tiled bathroom, and new appliances