Mixed-Use Space with Highway
For Sale
Contact for pricing
5100 Highway 17 Bypass, Murrells Inlet, SC 29576
The available area can be arranged as two suites or one larger space for medical, professional, or specialty retail use.
Property Size12,000 SF
Price / SF$1.25
Days on Market56
Property Features for 5100 Highway 17 Bypass
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Shell
Property Use
Medical Office, Retail
Medical Specialty
dental, optometry, physical therapy, chiropractic, pediatrics, urgent care, veterinary, counseling/mental health
Building Details
Buildings
1
Building Size
12,000 SF
Tenancy
Multi
Listing Agency:
The Dieter Company
Listed By:
Jay Nelson
(843) 817-8508
Source:
Thenelsonteamsc
Added: Sep 8
Changed: Nov 2
Last Checked: Nov 2 at 2:42AM
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.
At 5100 Highway 17 Bypass in Murrells Inlet, this mixed-use commercial property includes 2,500 SF of available space within a 12,000 SF building. The area can be divided into two 1,250 SF suites or used as a single 2,500 SF space. The project is scheduled for completion in March 2027, with Seaside Dermatology identified as a neighboring practice.
The property sits directly on Highway 17 Bypass, which carries approximately 36,700 vehicles per day. The stated use exclusions include restaurants and food service, dermatology, and dermatology-adjacent services such as med spas, aesthetics, laser hair removal, and cosmetic or plastic surgery.
The property sits directly on Highway 17 Bypass, which carries approximately 36,700 vehicles per day. The stated use exclusions include restaurants and food service, dermatology, and dermatology-adjacent services such as med spas, aesthetics, laser hair removal, and cosmetic or plastic surgery.
Key Highlights
- 2,500 SF available in a 12,000 SF building
- Configurable as two 1,250 SF suites or one 2,500 SF space
- Projected completion: March 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,600
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,000
$612.0K
Cap Rate 7%
$437,143
$437.1K
Cap Rate 9%
$340,000
$340.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$48.0K $19.20/SF
− Vacancy
−$7.2K −$2.88/SF
EGI
$40.8K $16.32/SF
− OpEx
−$10.2K −$4.08/SF
NOI
$30.6K $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%
$612,000
Cap Rate 7%
$437,143
Cap Rate 9%
$340,000
Alternative Uses
Best Use
Healthcare Medical
$534.0K
$467.3K – $623.0K
NOI $37,382 @ 7.0% cap · market cap 1,196.22%
Second Best
Retail
$520.7K
$455.6K – $607.4K
NOI $36,446 @ 7.0% cap · market cap 1,166.27%
Theoretical Best
Office A
$633.6K
$554.4K – $739.2K
NOI $44,352 @ 7.0% cap · market cap 1,419.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The available area can be arranged as two suites or one larger space for medical, professional, or specialty retail use.
Where is this mixed-use property located?
The property is located at 5100 Highway 17 Bypass Murrells Inlet, SC.
What are key features of this property?
This property features: 2,500 SF available in a 12,000 SF building; Configurable as two 1,250 SF suites or one 2,500 SF space; Projected completion: March 2027
