Highway Commercial Property with Warehouse

3013 Church St, Myrtle Beach, SC 29577

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For Sale

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One-acre mixed-use property with office and warehouse space for sale.

Type:Land, Mixed Use, Office, Retail

Property size:

2,550 SF

Lot size:

1.00 Acre

Price / SF:

$311/SF

HighLights

Highway Commercial Zoning: Offers diverse business opportunities.
High Traffic Location: Benefits from 46,800 vehicles per day on Highway 17.
Direct Highway Access: Provides convenient access to Highway 17 and 29th Ave N.
Two‑Story Office Building: Features a 2,544 sf building currently used as office space.
1‑Acre Parcel: Provides ample space for various uses.
Attached Warehouse/Shed: Offers extra storage space.

We can help!

Contact an agent

Robert Swanson

For Sale

Contact for pricing

One-acre mixed-use property with office and warehouse space for sale.

Type:Land, Mixed Use, Office, Retail

Property size:

2,550 SF

Lot size:

1.00 Acre

Price / SF:

$311/SF

Added:: Oct 7, 2024
Days on Market:: 638
Last Refresh:: Jun 27 at 3:40 am

Property Features for 3013 Church St

General Information

Standard status: Active
Size: 2,550 SF
Lot size: 1.00 Acre
Property subtype: Land, Mixed Use, Office, Retail

We can help!

Contact an agent

Robert Swanson

Listing office Roadstead Real Estate Advisors

Listing date Oct 7, 2024

Source Crexi

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 Roadstead Real Estate Advisors

HighLights

Highway Commercial Zoning: Offers diverse business opportunities.
High Traffic Location: Benefits from 46,800 vehicles per day on Highway 17.
Direct Highway Access: Provides convenient access to Highway 17 and 29th Ave N.
Two‑Story Office Building: Features a 2,544 sf building currently used as office space.
1‑Acre Parcel: Provides ample space for various uses.
Attached Warehouse/Shed: Offers extra storage space.

Overview

This one-acre parcel, zoned Highway Commercial, offers various potential uses to accommodate diverse business needs. The property includes a 2,544 square foot two-story building, currently used as office space. A warehouse/shed unit is attached to the back of the property, providing additional storage. The property has direct access to Highway 17 and 29th Ave N, with high traffic counts of 46,800 vehicles per day.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$49.6k	$19.44
− Vacancy	−$2.8k	−$1.11
EGI	$46.7k	$18.33
− OpEx	−$7.0k	−$2.75
NOI	$39.7k	$15.58

2,550 SF · lease $19.44/SF/yr · vacancy 5.70% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$567.6K

$496.7K – $662.2K (±1% cap)

NOI $39,734 @ 7.0% cap · market cap 5.00%

Second Best

Retail

$531.1K

$464.7K – $619.6K (±1% cap)

NOI $37,174 @ 7.0% cap · market cap 4.68%

Theoretical Best

Office A

$646.3K

$565.5K – $754.0K (±1% cap)

NOI $45,239 @ 7.0% cap · market cap 5.69%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Senior Golfers of America Golf Course Myrtle Beach Weddings, ... Wedding Service Come Grow with ... Alternative Medicine Practice The ^ Space Alternative Medicine Practice

Suggested Use

Location Insight

Map
Local Demand

City: Myrtle Beach
County: Horry
State: South Carolina
Longitude: -78.8787817
Latitude: 33.7237013

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For sale
Mixed-use properties
SC
Myrtle Beach
29577
3013 Church St

What type of property is this?

Mixed-use property - One-acre mixed-use property with office and warehouse space for sale.

Where is this mixed-use property located?

The property is located at 3013 Church St Myrtle Beach, SC.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: Highway Commercial Zoning: Offers diverse business opportunities.; High Traffic Location: Benefits from **46,800 vehicles per day** on Highway 17.; Direct Highway Access: Provides convenient access to Highway 17 and 29th Ave N.