Flex Space with Loading
For Sale
$3,750,000
3005 N Highway 17 Bypass, Myrtle Beach, SC 29577
COMMERCIAL/INDUSTRIAL, Myrtle Beach, SC
Property Size25,000 SF
Lot Size1.92 Acres
Price / SF$156.25
Days on Market321
Property Features for 3005 N Highway 17 Bypass
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
HC
Exterior features
Kitchen Facility, Loading Dock, Office(s), Restrooms - Private, Restrooms - Public, Truck Doors
Subdivision
16F Myrtle Beach Area--10th Ave N to 29th Ave N
Standard status
Active
Size
24,000 SF
Lot size
1.92 Acres
Building Details
Floors in Building
1
Number of units
1
Listing Agency:
BHHS Myrtle Beach Real Estate · Berkshire Hathaway HomeServices
(843) 449-9444
Listed By:
Tony Chestnut · License #62718
(843) 222-9320
Added: Nov 20, 2025
Changed: Oct 1
Last Checked: Oct 7 at 9:06AM
MLS# 2528004
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.
Investment Insights
Based on property information with market context.
This flex-space property occupies 1.92 acres and includes a commercial building with office areas, warehouse functions, a loading dock, and truck doors. Interior support features include a kitchen facility along with private and public restrooms.
The property has 400 feet of direct frontage along Highway 17 Bypass in Myrtle Beach, providing a prominent corridor position. HC zoning is in place, and the site combines office, storage, loading, and vehicle-access features within one commercial facility.
The property has 400 feet of direct frontage along Highway 17 Bypass in Myrtle Beach, providing a prominent corridor position. HC zoning is in place, and the site combines office, storage, loading, and vehicle-access features within one commercial facility.
Key Highlights
- 1.92‑acre flex‑space property
- 400 feet of direct frontage on Highway 17 Bypass
- HC zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$307,976
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,159,520
$6.2M
Cap Rate 7%
$4,399,657
$4.4M
Cap Rate 9%
$3,421,956
$3.4M
Market Conditions
NOI Build-Up for 24,000 SF
Gross rent
$466.6K $19.44/SF
− Vacancy
−$26.6K −$1.11/SF
EGI
$440.0K $18.33/SF
− OpEx
−$132.0K −$5.50/SF
NOI
$308.0K $12.83/SF
Area
Horry County, SC
Vacancy
5.70%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,159,520
Cap Rate 7%
$4,399,657
Cap Rate 9%
$3,421,956
Alternative Uses
Best Use
Warehouse
$5.34M
$4.67M – $6.23M
NOI $373,971 @ 7.0% cap · market cap 9.97%
Second Best
Industrial
$4.40M
$3.85M – $5.13M
NOI $307,976 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$6.08M
$5.32M – $7.10M
NOI $425,779 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29577, SC
34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial facility with office areas, warehouse functions, truck access, and private and public restrooms.
Where is this flex space located?
The property is located at 3005 N Highway 17 Bypass Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 1.92‑acre flex‑space property; 400 feet of direct frontage on Highway 17 Bypass; HC zoning
