Office Warehouse with Lay-Down
For Sale
Contact for pricing
858 Kingswood Dr., Conway, SC 29526
A flexible office and warehouse property offers an outdoor lay-down area for equipment or materials.
Property Size2,414 SF
Price / SF$1.32
Days on Market31
Property Features for 858 Kingswood Dr.
General Information
Standard status
Active
Size
2,414 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Property Use
Office / Warehouse
Listing Agency:
Epique Realty
Listed By:
Rick Stroud · License #56070
(864) 479-1189
Source:
Greathomessc
Added: Sep 30
Changed: Oct 29
Last Checked: Oct 28 at 6:28AM
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 Epique Realty
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Investment Insights
Based on property information with market context.
This flex property combines 2,414± square feet of office and warehouse space with a lay-down yard, providing both interior workspace and outdoor storage area.
The property is located off Hwy 544 in Conway, South Carolina, with access to Hwy 501 and Hwy 31. Its location connects to the surrounding Conway and Myrtle Beach areas.
The property is located off Hwy 544 in Conway, South Carolina, with access to Hwy 501 and Hwy 31. Its location connects to the surrounding Conway and Myrtle Beach areas.
Key Highlights
- 2,414± SF of office and warehouse space
- Lay‑down yard
- Located off Hwy 544 in Conway, SC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,803
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,060
$316.1K
Cap Rate 7%
$225,757
$225.8K
Cap Rate 9%
$175,589
$175.6K
Market Conditions
NOI Build-Up for 2,414 SF
Gross rent
$25.8K $10.68/SF
− Vacancy
−$1.5K −$0.61/SF
EGI
$24.3K $10.07/SF
− OpEx
−$8.5K −$3.52/SF
NOI
$15.8K $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%
$316,060
Cap Rate 7%
$225,757
Cap Rate 9%
$175,589
Alternative Uses
Best Use
Warehouse
$537.4K
$470.2K – $626.9K
NOI $37,615 @ 7.0% cap · market cap 1,176.20%
Second Best
Industrial
$442.5K
$387.2K – $516.3K
NOI $30,977 @ 7.0% cap · market cap 968.64%
Theoretical Best
Office A
$611.8K
$535.3K – $713.8K
NOI $42,826 @ 7.0% cap · market cap 1,339.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29526, SC
51,403
Population
20,301
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
89%
High-School Grad
175.0 sq mi
ZIP Area
294
Density / Sq Mi
$66,490
Median Household Income
$28,341
Median Earnings
$943
Median Rent
$232,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A flexible office and warehouse property offers an outdoor lay-down area for equipment or materials.
Where is this flex space located?
The property is located at 858 Kingswood Dr. Conway, SC.
What are key features of this property?
This property features: 2,414± SF of office and warehouse space; Lay‑down yard; Located off Hwy 544 in Conway, SC
