Flex Space with Drive-In
For Sale
Contact for pricing
3625 Highway 17 Bypass Unit A, Murrells Inlet, SC 29576
A conditioned office area sits alongside warehouse space with two drive-in bays.
Property Size220 SF
Price / SF$12.05
Days on Market57
Property Features for 3625 Highway 17 Bypass Unit A
General Information
Standard status
Active
Size
220 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
2 drive-in bays with 11' overhead doors
25-foot vaulted ceilings
Listing Agency:
The Dieter Company
Listed By:
Jay Nelson
(843) 817-8508
Source:
Thenelsonteamsc
Added: Sep 7
Changed: Nov 2
Last Checked: Nov 2 at 2:31AM
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 The Dieter Company
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Investment Insights
Based on property information with market context.
This 1,800-square-foot flex property in Key Largo Commercial Park combines warehouse space with approximately 220 square feet of conditioned office area. Two drive-in bays have 11-foot overhead doors, and the warehouse features 25-foot vaulted ceilings.
The property is in Murrells Inlet along the Highway 17 corridor, near Eden Avenue and Highway 17 Bypass South. Neighboring businesses include Moro Roofing and Sheet Metal, Myrtle Beach Building Supply, and All Star Pool Company.
The property is in Murrells Inlet along the Highway 17 corridor, near Eden Avenue and Highway 17 Bypass South. Neighboring businesses include Moro Roofing and Sheet Metal, Myrtle Beach Building Supply, and All Star Pool Company.
Key Highlights
- 1,800 square feet of flex space, including approximately 220 square feet of conditioned office area
- Two drive‑in bays with 11' overhead doors
- 25‑foot vaulted ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,440
Suggested Prices Based on Cap Rates
Cap Rate 5%
$28,800
$28.8K
Cap Rate 7%
$20,571
$20.6K
Cap Rate 9%
$16,000
$16.0K
Market Conditions
NOI Build-Up for 220 SF
Gross rent
$2.3K $10.68/SF
− Vacancy
−$134 −$0.61/SF
EGI
$2.2K $10.07/SF
− OpEx
−$775 −$3.52/SF
NOI
$1.4K $6.55/SF
Area
Horry County, SC
Vacancy
5.70%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$28,800
Cap Rate 7%
$20,571
Cap Rate 9%
$16,000
Alternative Uses
Best Use
Warehouse
$49.0K
$42.9K – $57.1K
NOI $3,428 @ 7.0% cap · market cap 129.36%
Second Best
Industrial
$40.3K
$35.3K – $47.1K
NOI $2,823 @ 7.0% cap · market cap 106.53%
Theoretical Best
Office A
$55.8K
$48.8K – $65.1K
NOI $3,903 @ 7.0% cap · market cap 147.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29576, SC
32,476
Population
22,097
Households
1.5
Avg Household Size
61
Median Age
32%
College-Educated
96%
High-School Grad
30.5 sq mi
ZIP Area
1,065
Density / Sq Mi
$70,343
Median Household Income
$36,352
Median Earnings
$1,467
Median Rent
$315,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Lowcountry Bites — Commercial Kitchen by appointment only, 513 Courtfield Dr, Murrells Inlet, SC 29576
Frequently Asked Questions
What type of property is this?
Flex space - A conditioned office area sits alongside warehouse space with two drive-in bays.
Where is this flex space located?
The property is located at 3625 Highway 17 Bypass Unit A Murrells Inlet, SC.
What are key features of this property?
This property features: 1,800 square feet of flex space, including approximately 220 square feet of conditioned office area; Two drive‑in bays with 11' overhead doors; 25‑foot vaulted ceilings
