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Retail Space with Open Layout
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2609 Shoffner Rd. Unit A, Conway, SC 29526

Highway Commercial zoning allows a range of uses subject to City of Conway approval.

Property Size1,425 SF
Price / SF$1.40
Days on Market64

Property Features for 2609 Shoffner Rd. Unit A

General Information

Standard status Active
Size 1,425 SF
Property subtype Retail
Zoning Highway Commercial

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2024
Listing Agency: Sansbury Butler Properties
Listed By: Kevin Sansbury · License #25451
Source: Thenelsonteamsc
Added: Aug 31 Changed: Nov 2 Last Checked: Nov 2 at 2:34AM

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 Sansbury Butler Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,425-square-foot retail unit was built in 2024 and features an open interior, one bathroom, and a mechanical room. The space is delivered without tenant buildouts, allowing occupants to complete their own interior improvements. Highway Commercial zoning applies, with allowable uses determined by the City of Conway.

The property sits behind Food Lion Shopping Center off Hwy 701 N. and across the street from the US Post Office.

Key Highlights

  • 1,425 SF retail unit
  • Built in 2024
  • Open layout with a bathroom and mechanical room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,774
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,480 $415.5K
Cap Rate 7%
$296,771 $296.8K
Cap Rate 9%
$230,822 $230.8K
Market Conditions
NOI Build-Up for 1,425 SF
Gross rent
$30.4K $21.36/SF
− Vacancy
−$761 −$0.53/SF
EGI
$29.7K $20.83/SF
− OpEx
−$8.9K −$6.25/SF
NOI
$20.8K $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%
$415,480
Cap Rate 7%
$296,771
Cap Rate 9%
$230,822

Alternative Uses

Best Use
Retail
$296.8K
$259.7K – $346.2K (±1% cap)
NOI $20,774 @ 7.0% cap · market cap 1,038.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$361.2K
$316.0K – $421.4K (±1% cap)
NOI $25,281 @ 7.0% cap · market cap 1,264.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

TFC The Flooring Connection General Contractor

Suggested Use

Top Pick Dental Office Pharmacy Real Estate Agency Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store

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

164
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 47% Shops & Services 30% Dining 14% Home Improvements & Furnishings 6%
Food Lion Grocery Store Groceries
39,510 visits/mo 0.1 miles
Dollar General Shops & Services
9,854 visits/mo 0.2 miles
Dunkin' Donuts Dining
9,322 visits/mo 0.2 miles
Truist Shops & Services
6,885 visits/mo 0.2 miles
True Value Hardware Home Improvements & Furnishings
4,956 visits/mo 0.4 miles

Demographics for 29526, SC

51,403
Population
20,301
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
89%
High-School Grad
175.0 sq mi
ZIP Area
294
Density / Sq Mi
$66,490
Median Household Income
$28,341
Median Earnings
$943
Median Rent
$232,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Highway Commercial zoning allows a range of uses subject to City of Conway approval.
Where is this retail space located?
The property is located at 2609 Shoffner Rd. Unit A Conway, SC.
What are key features of this property?
This property features: 1,425 SF retail unit; Built in 2024; Open layout with a bathroom and mechanical room
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Includes: Price & PSF · Cap rate · Location · Zoning

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