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Mixed-Use Property with Metal Buildings
New
For Sale
$4,399,000

4750 Hwy 17 S Unit 4583 Wesley RD, Murrells Inlet, SC 29576

PUD GC zoning and an approved conceptual plan support a combination of commercial uses.

Property Size23,000 SF
Lot Size6.50 Acres
Price / SF$191.26
Days on Market3

Property Features for 4750 Hwy 17 S Unit 4583 Wesley RD

General Information

Standard status Active
Size 23,000 SF
Lot size 6.50 Acres
Property subtype Commercial
Zoning PUD GC

Additional Details

Road Access Yes

Building Details

Construction metal
Listing Agency: Carolina Gold Realty, LLC
Listed By: Drew Swinnie () · License #61455
Source: Beachandforestrealty
Added: Oct 4 Changed: Oct 6 Last Checked: Oct 5 at 6:17PM

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 Carolina Gold Realty, LLC

Investment Insights

Based on property information with market context.

This 6.5-acre mixed-use property includes multiple insulated metal buildings totaling approximately 23,000 square feet under roof. An approved conceptual plan adds approximately 14,000 square feet, for a potential total of 37,000 square feet under roof. The plan accommodates a mix of retail, warehouse, storage, or office uses, and open land remains for future expansion.

The site has approximately 852 feet of total road frontage on Hwy 17 S and is zoned PUD GC.

Key Highlights

  • 6.5‑acre commercial property
  • Multiple insulated metal buildings with approximately 23,000 square feet under roof
  • Approved conceptual plan adds approximately 14,000 square feet, for a potential 37,000 square feet under roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$358,389
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,167,780 $7.2M
Cap Rate 7%
$5,119,843 $5.1M
Cap Rate 9%
$3,982,100 $4.0M
Market Conditions
NOI Build-Up for 23,000 SF
Gross rent
$447.1K $19.44/SF
− Vacancy
−$25.5K −$1.11/SF
EGI
$421.6K $18.33/SF
− OpEx
−$63.2K −$2.75/SF
NOI
$358.4K $15.58/SF
Area
Horry County, SC
Vacancy
5.70%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,167,780
Cap Rate 7%
$5,119,843
Cap Rate 9%
$3,982,100

Alternative Uses

Best Use
Warehouse
$5.12M
$4.48M – $5.97M (±1% cap)
NOI $358,389 @ 7.0% cap · market cap 8.15%
Second Best
Retail
$4.79M
$4.19M – $5.59M (±1% cap)
NOI $335,299 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$5.83M
$5.10M – $6.80M (±1% cap)
NOI $408,038 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Big Box & Wholesale Store Grocery & Convenience Store Electrical Service Daycare Center

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

229
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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - PUD GC zoning and an approved conceptual plan support a combination of commercial uses.
Where is this mixed-use property located?
The property is located at 4750 Hwy 17 S Unit 4583 Wesley RD Murrells Inlet, SC.
What is the asking price?
The asking price for this property is $4,399,000.
What are key features of this property?
This property features: 6.5‑acre commercial property; Multiple insulated metal buildings with approximately 23,000 square feet under roof; Approved conceptual plan adds approximately 14,000 square feet, for a potential 37,000 square feet under roof
More about this property
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