Building Details

Floors in Building 1

Number of units 2

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

Listed By: Steven Perry · License #46584 Show Phone

Added: Oct 6, 2025 Changed: Oct 1 Last Checked: Oct 11 at 8:06PM

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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.

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

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.

Property Analytics

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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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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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