Office Building with Accessible
3981 Socastee Blvd., Myrtle Beach, SC 29588
For Sale
New
$550,000
COMMERCIAL/INDUSTRIAL, Myrtle Beach, SC
Property Size2,176 SF
Lot Size0.28 Acres
Price / SF$252.76
Days on Market1
Property Features for 3981 Socastee Blvd.
General Information
Property type
Property subtype
Zoning
Exterior features
Accessibility
Subdivision
Standard status
Size
Lot size
Additional Details
Property Use
Amenities
ADA-accessible ramp
ADA-accessible restrooms
Building Details
Floors in Building
Number of units
Buildings
Listing Agency:
Keller Williams Innovate South · Keller Williams Realty
(843) 443-9400
Listed By:
Pivot Properties Team · License SC #41125
(843) 582-8250
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 2627502
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.
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Investment Insights
Based on property information with market context.
This 2,176-square-foot office building sits on a corner lot along Highway 707. A ramp provides accessible entry, and the building has two ADA-accessible restrooms. Parking is arranged at both the front and rear of the property, with nine spaces in front and four behind the building.
Highway 707 carries an average daily traffic count of 22,000. Highway 17 Bypass provides a connection to the broader Myrtle Beach area, while Market Common is nearby. The surrounding area includes residential neighborhoods, shopping, dining, parks, entertainment, and established businesses.
Highway 707 carries an average daily traffic count of 22,000. Highway 17 Bypass provides a connection to the broader Myrtle Beach area, while Market Common is nearby. The surrounding area includes residential neighborhoods, shopping, dining, parks, entertainment, and established businesses.
Key Highlights
- 2,176‑square‑foot office building
- .27‑acre corner lot along Highway 707
- Average daily traffic count of 22,000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,634
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,680
$532.7K
Cap Rate 7%
$380,486
$380.5K
Cap Rate 9%
$295,933
$295.9K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$41.8K $19.20/SF
− Vacancy
−$6.3K −$2.88/SF
EGI
$35.5K $16.32/SF
− OpEx
−$8.9K −$4.08/SF
NOI
$26.6K $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%
$532,680
Cap Rate 7%
$380,486
Cap Rate 9%
$295,933
Alternative Uses
Best Use
Office B
$380.5K
$332.9K – $443.9K
NOI $26,634 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$551.5K
$482.6K – $643.4K
NOI $38,604 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
531
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
$241,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Two ADA-accessible restrooms and parking at the front and rear support practical day-to-day operations.
Where is this office building located?
The property is located at 3981 Socastee Blvd. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,176‑square‑foot office building; .27‑acre corner lot along Highway 707; Average daily traffic count of 22,000
