Gas Station with Convenience
1798 Highway 701 N, Loris, SC 29569
For Sale
$474,999
COMMERCIAL/INDUSTRIAL, Loris, SC
Property Size1,318 SF
Lot Size2.45 Acres
Price / SF$360.39
Days on Market47
Property Features for 1798 Highway 701 N
General Information
Property type
Property subtype
Zoning
Security features
Exterior features
Subdivision
Standard status
Size
Lot size
Building Details
Floors in Building
Number of units
Additional Structures
Listing Agency:
Century 21 Barefoot Realty · Century 21 Real Estate
(843) 390-2121
Listed By:
The Mills Group Team · License #17587
(843) 252-0847
Added: Sep 21
Changed: Oct 8
Last Checked: Nov 6 at 9:06PM
MLS# 2623348
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 gas station and convenience store occupies 1318 square feet on a 2.45-acre parcel. The property includes newer fuel pumps, a canopy, retail area, display windows, public and private restrooms, security equipment, signage, fixtures, furniture, and outside storage. The interior provides space for current convenience retail operations and includes features that support customer service and product display.
Positioned at 1798 Highway 701 N in Loris, the property has frontage along Highway 701 N and is zoned FA. The site combines an operating fuel-and-retail use with a sizable land component, while the existing improvements include a dedicated fueling area and covered pump structure.
Positioned at 1798 Highway 701 N in Loris, the property has frontage along Highway 701 N and is zoned FA. The site combines an operating fuel-and-retail use with a sizable land component, while the existing improvements include a dedicated fueling area and covered pump structure.
Key Highlights
- 2.45‑acre gas station and convenience store property
- 1318 square feet of building area
- Frontage on Highway 701 N in Loris, SC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,743
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,860
$434.9K
Cap Rate 7%
$310,614
$310.6K
Cap Rate 9%
$241,589
$241.6K
Market Conditions
NOI Build-Up for 1,318 SF
Gross rent
$29.7K $22.56/SF
− Vacancy
−$743 −$0.56/SF
EGI
$29.0K $22.00/SF
− OpEx
−$7.2K −$5.50/SF
NOI
$21.7K $16.50/SF
Area
Horry County, SC
Vacancy
2.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,860
Cap Rate 7%
$310,614
Cap Rate 9%
$241,589
Alternative Uses
Best Use
Specialty Retail
$310.6K
$271.8K – $362.4K
NOI $21,743 @ 7.0% cap · market cap 4.58%
Second Best
Retail
$274.5K
$240.2K – $320.2K
NOI $19,214 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$334.0K
$292.3K – $389.7K
NOI $23,382 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 29569, SC
17,048
Population
7,504
Households
2.3
Avg Household Size
45
Median Age
10%
College-Educated
82%
High-School Grad
170.3 sq mi
ZIP Area
100
Density / Sq Mi
$50,659
Median Household Income
$34,719
Median Earnings
$776
Median Rent
$190,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - Operational retail facility with fuel pumps, public and private restrooms, and display windows.
Where is this gas station located?
The property is located at 1798 Highway 701 N Loris, SC.
What is the asking price?
The asking price for this property is $474,999.
What are key features of this property?
This property features: 2.45‑acre gas station and convenience store property; 1318 square feet of building area; Frontage on Highway 701 N in Loris, SC
