New Construction Office
3057 Newcastle Loop, Myrtle Beach, SC 29588
For Sale
Contact for pricing
Planned features include accessible entry, on-site parking, and an interior layout that can be customized for the future occupant.
Property Size2,925 SF
Price / SF$2.92
Days on Market52
Property Features for 3057 Newcastle Loop
General Information
Standard status
Size
Additional Details
Road Access
Amenities
sidewalks
landscaping
Building Details
Buildings
Building Size
Listing Agency:
Blue Print Real Estate LLC
(803) 738-5358
Listed By:
Damiene Rogers · License SC #118102
(843) 907-4850
Source:
Exprealty
Added: Sep 21
Changed: Nov 9
Last Checked: Nov 10 at 2:23PM
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 Blue Print Real Estate LLC
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Investment Insights
Based on property information with market context.
Planned as a 2,925-square-foot office property, this new-construction building is located in the Queens Harbour Professional Office community at 3057 Newcastle Loop in Myrtle Beach. The design includes on-site parking, ADA-accessible parking and building access, sidewalks, and landscaping. Interior configuration may be tailored to the future occupant.
The site has ingress and egress from Newcastle Loop. Established residential communities, shopping, dining, and major Myrtle Beach-area corridors are nearby.
The site has ingress and egress from Newcastle Loop. Established residential communities, shopping, dining, and major Myrtle Beach-area corridors are nearby.
Key Highlights
- Proposed new‑construction office building totaling 2,925 square feet
- On‑site parking with ADA‑accessible parking and access
- Sidewalks and landscaping included in the planned site improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,802
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,040
$716.0K
Cap Rate 7%
$511,457
$511.5K
Cap Rate 9%
$397,800
$397.8K
Market Conditions
NOI Build-Up for 2,925 SF
Gross rent
$56.2K $19.20/SF
− Vacancy
−$8.4K −$2.88/SF
EGI
$47.7K $16.32/SF
− OpEx
−$11.9K −$4.08/SF
NOI
$35.8K $12.24/SF
Area
Horry County, SC
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,040
Cap Rate 7%
$511,457
Cap Rate 9%
$397,800
Alternative Uses
Best Use
Office B
$511.5K
$447.5K – $596.7K
NOI $35,802 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$741.3K
$648.7K – $864.9K
NOI $51,892 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 29588, SC
48,113
Population
22,223
Households
2.2
Avg Household Size
45
Median Age
26%
College-Educated
92%
High-School Grad
42.0 sq mi
ZIP Area
1,146
Density / Sq Mi
$66,854
Median Household Income
$34,518
Median Earnings
$1,220
Median Rent
$241,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Horry County, SC
Properties on Market for Office buildings in Horry County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Planned features include accessible entry, on-site parking, and an interior layout that can be customized for the future occupant.
Where is this office building located?
The property is located at 3057 Newcastle Loop Myrtle Beach, SC.
What are key features of this property?
This property features: Proposed new‑construction office building totaling 2,925 square feet; On‑site parking with ADA‑accessible parking and access; Sidewalks and landscaping included in the planned site improvements
