Storefront Property with Dual
For Sale
$499,900
1925 East Highway 9 Bypass, Loris, SC 29569
Heated commercial space is served by public water and sewer along Highway 9.
Property Size1,810 SF
Price / SF$276.19
Days on Market77
Property Features for 1925 East Highway 9 Bypass
General Information
Standard status
Active
Size
1,810 SF
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Building Details
Building Size
1,810 SF
Buildings
1
Listing Agency:
Keller Williams Lake Norman
Listed By:
The Sarver Group
Source:
Thesarvergroup
Added: Aug 18
Changed: Nov 1
Last Checked: Nov 1 at 3:39PM
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 Keller Williams Lake Norman
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Investment Insights
Based on property information with market context.
This storefront property has 1,810 square feet of heated interior space and is described as being in good condition. Public water and sewer are available on Highway 9.
The property has two access points from Highway 9, plus a 50-foot side entrance and exit onto Log Cabin Road that connects to the Highway 9 intersection. Downtown Loris, routes 905 and 701, and North Carolina are noted as nearby destinations.
The property has two access points from Highway 9, plus a 50-foot side entrance and exit onto Log Cabin Road that connects to the Highway 9 intersection. Downtown Loris, routes 905 and 701, and North Carolina are noted as nearby destinations.
Key Highlights
- 1,810 square feet of heated building space
- Two access points from Highway 9
- 50‑foot side entrance and exit onto Log Cabin Road, connecting to the Highway 9 intersection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,387
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,740
$527.7K
Cap Rate 7%
$376,957
$377.0K
Cap Rate 9%
$293,189
$293.2K
Market Conditions
NOI Build-Up for 1,810 SF
Gross rent
$38.7K $21.36/SF
− Vacancy
−$967 −$0.53/SF
EGI
$37.7K $20.83/SF
− OpEx
−$11.3K −$6.25/SF
NOI
$26.4K $14.58/SF
Area
Horry County, SC
Vacancy
2.50%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,740
Cap Rate 7%
$376,957
Cap Rate 9%
$293,189
Alternative Uses
Best Use
Retail
$377.0K
$329.8K – $439.8K
NOI $26,387 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$458.7K
$401.4K – $535.2K
NOI $32,111 @ 7.0% cap · market cap 6.42%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
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?
Storefront property - Heated commercial space is served by public water and sewer along Highway 9.
Where is this storefront property located?
The property is located at 1925 East Highway 9 Bypass Loris, SC.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1,810 square feet of heated building space; Two access points from Highway 9; 50‑foot side entrance and exit onto Log Cabin Road, connecting to the Highway 9 intersection
