Retail/Office Property with Highway
2355 Highway 90 Conway, SC 29526
2355 Highway 90, Conway, SC, 29526
$375,000
For Sale
$375,000
Building-only retail/office property with 435 feet of highway frontage and ample parking.
Property Size1,493 SF
Price / SF$251.17
Days on Market191
Property Features for 2355 Highway 90
General Information
- Standard status
- Active
- Size
- 1,493 SF
- Property subtype
- Retail
Listing agency
Omni Real Estate MB
(843) 246-8374
Listed by
Gerry Gilbert
(843) 246-8374
Source
Xome
Added: Jan 11 Updated: Jul 20 at 7:17PM Checked: Jul 21 at 2:59AM
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 Omni Real Estate MB
Investment Insights
Based on property information with market context.
This offering is for the building only, presenting a combined retail/office property configuration at 2355 Highway 90. The public remarks note ample parking to support customer or client access, and the listing indicates that the business, if applicable, is available separately at a separate price.
The property benefits from 435 feet of road frontage on Highway 90, which is described as seeing in excess of 40,000 cars per day. For perspective buyers and tenant users, the asset’s frontage and parking are practical considerations for visibility and day-to-day access. All information is provided as deemed reliable but not guaranteed, and buyers should verify details during due diligence.
The property benefits from 435 feet of road frontage on Highway 90, which is described as seeing in excess of 40,000 cars per day. For perspective buyers and tenant users, the asset’s frontage and parking are practical considerations for visibility and day-to-day access. All information is provided as deemed reliable but not guaranteed, and buyers should verify details during due diligence.
Key Highlights
- Building‑only retail/office property on Highway 90 with 435 ft of road frontage
- Highway 90 location with traffic in excess of 40,000 cars per day (per listing remarks)
- Ample parking on‑site (as stated in listing remarks)
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.9k | $21.36 |
| − Vacancy | −$797 | −$0.53 |
| EGI | $31.1k | $20.83 |
| − OpEx | −$9.3k | −$6.25 |
| NOI | $21.8k | $14.58 |
1,493 SF · lease $21.36/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$310.9K
$272.1K – $362.8K
NOI $21,765 @ 7.0% cap · market cap 5.80%
Second Best
Office B
$261.1K
$228.4K – $304.6K
NOI $18,274 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$378.4K
$331.1K – $441.5K
NOI $26,487 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Building-only retail/office property with 435 feet of highway frontage and ample parking.
Where is this retail space located?
The property is located at 2355 Highway 90 Conway, SC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Building‑only retail/office property on Highway 90 with 435 ft of road frontage; Highway 90 location with traffic in excess of 40,000 cars per day (per listing remarks); Ample parking on‑site (as stated in listing remarks)
