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One-Story Warehouse with Roll-Up Door
For Sale
$599,900

7812 Highway 701 S, Conway, SC 29527

COMMERCIAL/INDUSTRIAL, Conway, SC

Property Size3,250 SF
Lot Size0.72 Acres
Price / SF$184.58
Days on Market266

Property Features for 7812 Highway 701 S

General Information

Property type Commercial Sale
Property subtype Other
Zoning RES
Security features Security System
Exterior features Fire Alarm, Handicap Access, Security System
Accessibility Accessible Approach with Ramp
Subdivision 25B Conway Area--between Wacc. River & 701 / includes Bucksport
Standard status Active
Size 3,250 SF
Lot size 0.72 Acres

Amenities

handicap accessible
paved parking lot
chain link fence
overhead roll-up door

Building Details

Floors in Building 1
Number of units 1
Listing Agency: RE/MAX Southern Shores · RE/MAX International
Listed By: Paige Bird · License #3722
Added: Jan 13 Changed: Oct 1 Last Checked: Oct 6 at 9:06PM
MLS# 2600964

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 one-story warehouse contains 3,250 square feet on a 0.72-acre corner lot. The property includes an overhead roll-up door, large paved parking area, chain-link fencing, and an accessible approach with ramp. Fire alarm and security system equipment are also present. The building previously operated as a hardware store and is being offered in as-is condition.

Located on Highway 701 S in Conway, the property carries RES zoning. Its combination of warehouse space, site area, parking, loading access, and existing safety and accessibility features provides a practical physical setup for a range of commercial operations, subject to applicable approvals.

Key Highlights

  • 3,250‑square‑foot one‑story warehouse
  • 0.72‑acre corner lot on Highway 701 S
  • Overhead roll‑up door and large paved parking lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,642
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,012,840 $1.0M
Cap Rate 7%
$723,457 $723.5K
Cap Rate 9%
$562,689 $562.7K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$63.2K $19.44/SF
− Vacancy
−$3.6K −$1.11/SF
EGI
$59.6K $18.33/SF
− OpEx
−$8.9K −$2.75/SF
NOI
$50.6K $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%
$1,012,840
Cap Rate 7%
$723,457
Cap Rate 9%
$562,689

Alternative Uses

Best Use
Warehouse
$723.5K
$633.0K – $844.0K (±1% cap)
NOI $50,642 @ 7.0% cap · market cap 8.44%
Second Best
Retail
$676.8K
$592.2K – $789.7K (±1% cap)
NOI $47,379 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$823.7K
$720.7K – $961.0K (±1% cap)
NOI $57,658 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Plumbing Service Storage Facility Building Supply HVAC Service

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

Single-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby
Well-served
Demand for This Use

Demographics for 29527, SC

26,343
Population
11,447
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
86%
High-School Grad
155.1 sq mi
ZIP Area
170
Density / Sq Mi
$53,078
Median Household Income
$32,294
Median Earnings
$962
Median Rent
$197,000
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
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Frequently Asked Questions

What type of property is this?
Warehouse - Accessible warehouse with paved parking, perimeter fencing, and security features on a corner parcel.
Where is this warehouse located?
The property is located at 7812 Highway 701 S Conway, SC.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 3,250‑square‑foot one‑story warehouse; 0.72‑acre corner lot on Highway 701 S; Overhead roll‑up door and large paved parking lot
More about this property
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