1560 G P Smith Ave., Longs, SC 29568

Building Details

Floors in Building 1 More

Number of units 2 More

Listing Agency: North Beach Realty k***@hotmail.com Show Phone

Listed By: Steven Perry · License SC #46584 Show Phone

Added: Oct 6, 2025 Changed: Oct 1 Last Checked: Nov 11 at 1:06PM

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MLS# 2525702

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 1,800-square-foot mixed-use property on 1.03 acres includes an attached three-bay office and garage with a waiting room and bathroom. A separate 3BD/2BA mobile home adds a residential component and has been refurbished with new flooring, select replacement windows, a tiled bathroom, and updated appliances including a stove, refrigerator, dishwasher, microwave, and washer/dryer.

The property is located at 1560 G P Smith Ave. in Longs, South Carolina, less than 100 yards from Hwy. #9. It is next to the Cypress Ridge housing development and approximately a 10-minute drive from Main St. in North Myrtle Beach. AG2 zoning is identified for the property.

Key Highlights

• 1.03 acres with an 1,800‑square‑foot mixed‑use property
• Attached three‑bay office/garage with waiting room and bathroom
• 3BD/2BA mobile home included on the property

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

Office B

$314.7K

$275.4K – $367.2K (±1% cap)

NOI $22,032 @ 7.0% cap · market cap 3.68%

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

Office Units

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

Yes

Paved road 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

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Includes a three-bay office and garage with a waiting area and bathroom, plus a refurbished residential unit.

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: 1.03 acres with an 1,800‑square‑foot mixed‑use property; Attached three‑bay office/garage with waiting room and bathroom; 3BD/2BA mobile home included on the property