New Construction Flex
For Sale
Contact for pricing
4960 Highway 17, Murrells Inlet, SC 29576
Multi-building commercial development offers customizable layouts, roll-up doors, parking, and prominent exposure for varied business operations.
Property Size1,625 SF
Price / SF$1.85
Days on Market60
Property Features for 4960 Highway 17
General Information
Standard status
Active
Size
1,625 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
roll-up garage doors
signage opportunities
Building Details
Buildings
4
Construction
Lowcountry-inspired
Tenancy
Multi
Listing Agency:
NAI The Litchfield Company
Listed By:
Abernethy & Jones Commercial Group · License #1033
(843) 979-6754
Source:
Edgarwilson
Added: Aug 17
Changed: Oct 10
Last Checked: Oct 14 at 10:24PM
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 NAI The Litchfield Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Carney Center is a four-building flex space development under construction at 4960 Highway 17 in Murrells Inlet, South Carolina. The project combines office, showroom, warehouse, and service-oriented configurations with tenant build-to-suit flexibility. Buildings 1 and 2 offer suites of approximately 1,625 SF, 2,250 SF, 4,875 SF, or a full 6,500 SF, while Buildings 3 and 4 provide approximately 6,500 SF each with the same divisibility options. Roll-up garage doors are incorporated throughout, with rear access in the front buildings and front roll-up doors plus man doors in the rear buildings.
The property provides access to Highway 17 Bypass, on-site parking, circulation throughout the development, and opportunities for prominent signage. Exterior materials include brick, Hardie plank siding, and metal accents. Front and rear units may be combined, creating larger configurations for businesses requiring connected operational space.
The property provides access to Highway 17 Bypass, on-site parking, circulation throughout the development, and opportunities for prominent signage. Exterior materials include brick, Hardie plank siding, and metal accents. Front and rear units may be combined, creating larger configurations for businesses requiring connected operational space.
Key Highlights
- Four new construction flex buildings under development
- Suite options of ±1,625 SF, ±2,250 SF, ±4,875 SF, or full ±6,500 SF
- Buildings 3 and 4 measure ±6,500 SF each
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,638
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,760
$212.8K
Cap Rate 7%
$151,971
$152.0K
Cap Rate 9%
$118,200
$118.2K
Market Conditions
NOI Build-Up for 1,625 SF
Gross rent
$17.4K $10.68/SF
− Vacancy
−$989 −$0.61/SF
EGI
$16.4K $10.07/SF
− OpEx
−$5.7K −$3.52/SF
NOI
$10.6K $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%
$212,760
Cap Rate 7%
$151,971
Cap Rate 9%
$118,200
Alternative Uses
Best Use
Warehouse
$361.7K
$316.5K – $422.0K
NOI $25,321 @ 7.0% cap · market cap 844.03%
Second Best
Industrial
$297.9K
$260.7K – $347.6K
NOI $20,853 @ 7.0% cap · market cap 695.10%
Theoretical Best
Office A
$411.8K
$360.4K – $480.5K
NOI $28,829 @ 7.0% cap · market cap 960.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Under-served
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
Frequently Asked Questions
What type of property is this?
Flex space - Multi-building commercial development offers customizable layouts, roll-up doors, parking, and prominent exposure for varied business operations.
Where is this flex space located?
The property is located at 4960 Highway 17 Murrells Inlet, SC.
What are key features of this property?
This property features: Four new construction flex buildings under development; Suite options of ±1,625 SF, ±2,250 SF, ±4,875 SF, or full ±6,500 SF; Buildings 3 and 4 measure ±6,500 SF each
