Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Development in Northwest Conway Title is generated by Realmo AI

    1741 Calhoun Rd, Conway, SC

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    New retail development with high visibility and access.

    Type:RETAIL
    Lot size:
    2.70 Acres
    Added:
    Nov 10, 2025
    Days on Market:
    201
    Last Refresh:
    May 20 at 8:44 pm

    Property Features for 1741 Calhoun Rd

    General Information

    Standard status
    Active
    Lot size
    2.70 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1741 Calhoun Rd Contact us

    We can help!

    Listing Contact
    Davis Kirby
    Davis Kirby

    Listing agent Davis Kirby

    Listing office MPV Properties

    Listing date Nov 10, 2025

    Source Moodyscre

    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 MPV Properties

    HighLights

    • Prominent visibility and access along Church St. (35,000 ADT)
    • New retail development in fast growing area of Northwest Conway
    • Proximity to Conway High School and planned Coastal Centre redevelopment
    • Excellent opportunity for retail, restaurant, medical, automotive uses
    • Will consider multi‑tenant and freestanding opportunities

    Overview

    This new retail development is located in the fast-growing area of Northwest Conway, South Carolina. The property benefits from its proximity to Conway High School and the planned Coastal Centre redevelopment. It features prominent visibility and access along Church Street, which sees an average daily traffic count of 35,000 vehicles. The development is suitable for retail, restaurant, medical, and automotive uses. The landlord will consider both multi-tenant and freestanding opportunities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Conway Shopping Center — 1500 4th Ave, Conway, SC 29526
    • Coastal Centre — 1610 Church St, Conway, SC 29526
    • Bay Village — 2300 Church St, Conway, SC 29526
    • Coin Cloud Bitcoin ATM — 1600 Church St, Conway, SC 29526

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0628
    Latitude
    33.8428

    Nearby Similar for Lease

    • $650/Mo
      800 SF

      Highway 501 Retail Space

      Retail space for lease on high-traffic Highway 501.
      1203 Highway 501, Conway, SC 29526
      View Details
    • $7 SF/Yr
      5,000 SF

      Versatile Commercial Space with Kitchen

      5000 SF commercial space with kitchen facility for rent.
      7297 Highway 905, Conway, SC 29526
      View Details
    • $18 SF/Yr
      7,000 SF

      Downtown Conway Professional Office Space

      Professional office space in Downtown Conway, available in 2025.
      1312 2nd Avenue, Conway, SC 29577
      View Details
    • $16 SF/Yr
      3,560 SF

      Downtown Conway Office Space

      Turn-key office space near government offices and downtown amenities.
      205 Beaty Street, Conway, SC 29526
      View Details
    • $120,000 SF/Yr
      12,000 SF

      Versatile Commercial Property in Conway

      Commercial property suitable for entertainment, event space, fitness, or retail.
      2961 Highway 501 W, Conway, SC 29526
      View Details
    • $13,696/Mo
      1,675 SF

      Warehouse Under Construction, Conway, SC

      Warehouse under construction with heavy industrial zoning, delivery in 2026.
      155 E Cox Ferry Dr., Conway, SC 29526
      View Details
    • $12 SF/Yr
      35,000 SF

      Office-Warehouse Flex Park

      Office-warehouse flex units available for lease in early 2026.
      5321 Highway 90, Conway, SC 29526
      View Details
    • $8 SF/Yr
      26,195 SF

      Industrial Space in Atlantic Center

      Industrial space for lease in established business park.
      370 Allied Drive, Conway, SC 29526
      View Details
    • $7,000/Mo
      12,000 SF

      Conway Warehouse and Office Space

      Warehouse and office space available for lease in Conway.
      1603 16th Ave, Conway, SC
      View Details
    • $2,400/Mo

      Office/Retail Space on Mill Pond

      Highly visible office/retail space with flexible layout and ample parking.
      1706 Mill Pond Rd, Conway, SC, 29527-4745
      View Details
    • Contact for pricing
      10,065 SF

      Warehouse Under Construction in Conway

      Warehouse with office space, dock, and roll-up doors, available Q3 2026.
      155 East Cox Ferry Road, Conway, SC 29526
      View Details
    • $2,333/Mo

      Warehouse Unit For Rent

      Warehouse unit available off Hwy 501 in Conway.
      489 Myrtle Ridge Drive, Conway, SC 29526
      View Details

    FAQs

    What type of property is this?
    Shopping center - New retail development with high visibility and access.
    Where is this shopping center located?
    The property is located at 1741 Calhoun Rd Conway, SC.
    What are key features of this property?
    This property features: Prominent visibility and access along Church St. (35,000 ADT); New retail development in fast growing area of Northwest Conway; Proximity to Conway High School and planned Coastal Centre redevelopment
    (704) 562-2703 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Davis Kirby
    Davis Kirby
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1741 Calhoun Rd, Conway, SC
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!