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Industrial Property on Acreage
For Sale
$2,795,000

4375 Hwy 17 S, Murrells Inlet, SC 29576

COMMERCIAL/INDUSTRIAL, Murrells Inlet, SC

Property Size6,708 SF
Lot Size1.57 Acres
Price / SF$416.67
Days on Market113

Property Features for 4375 Hwy 17 S

General Information

Property type Commercial Sale
Property subtype Other
Zoning com
Subdivision 40A Murrells Inlet - Georgetown County
Standard status Active
Size 6,708 SF
Lot size 1.57 Acres

Building Details

Floors in Building 2
Number of units 1
Listing Agency: NorthGroup Real Estate LLC
Listed By: Tony Cape
Added: Jun 20 Changed: Oct 6 Last Checked: Oct 10 at 4:06PM
MLS# 2615699

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 industrial property contains 6,708 square feet and is situated on a 1.57-acre parcel. The site carries COM zoning and is positioned along Hwy 17 S in Murrells Inlet.

The property is located in Georgetown County, South Carolina, within the 29576 postal area. Its combination of industrial classification, commercial zoning, and land area provides a straightforward profile for evaluating industrial use.

Key Highlights

  • 6,708‑square‑foot industrial property
  • 1.57‑acre parcel
  • COM zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$86,079
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,721,580 $1.7M
Cap Rate 7%
$1,229,700 $1.2M
Cap Rate 9%
$956,433 $956.4K
Market Conditions
NOI Build-Up for 6,708 SF
Gross rent
$130.4K $19.44/SF
− Vacancy
−$7.4K −$1.11/SF
EGI
$123.0K $18.33/SF
− OpEx
−$36.9K −$5.50/SF
NOI
$86.1K $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%
$1,721,580
Cap Rate 7%
$1,229,700
Cap Rate 9%
$956,433

Alternative Uses

Best Use
Industrial
$1.23M
$1.08M – $1.43M (±1% cap)
NOI $86,079 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M (±1% cap)
NOI $119,005 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Accounting Firm Daycare Center Barber Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

951
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Commercial zoning accompanies an existing industrial property on a sizable parcel in Murrells Inlet.
Where is this industrial property located?
The property is located at 4375 Hwy 17 S Murrells Inlet, SC.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: 6,708‑square‑foot industrial property; 1.57‑acre parcel; COM zoning
More about this property
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