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    17 Business St Myrtle Beach, SC 29576

    For Sale
    $2,500,000

    Prime Murrells Inlet commercial lot, 1.8 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.8-acre commercial land parcel presents a remarkable investment opportunity in the thriving Murrells Inlet area of South Carolina. Located on Highway 17 Bypass near Blackberry Avenue, this property boasts significant highway frontage, offering unparalleled visibility and accessibility for any commercial venture. The lot is zoned GC, providing flexibility for a wide range of development possibilities. The asking price is $2,500,000, translating to a land value of $12.75 per square foot. Detailed property information is available, including tax map number 41-01019-001-05-00 and file number 1020. The property is identified as Lot 7 within the Ashby Smith Subdivision. A ground lease option is also available for consideration. This prime location in Georgetown County, South Carolina, zip code 29576, offers easy access to Myrtle Beach and surrounding areas, making it an ideal site for businesses seeking high visibility and convenient access to a large customer base. The property's strategic location and zoning make it an attractive investment for developers and entrepreneurs alike. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing market.

    Property Features for 17 Business St

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • 1.80‑acre parcel
    • General Commercial zoning
    • Excellent highway visibility
    • Ground lease opportunity
    Property Profile Location Intelligence

    Current Use by Public Records

    Nirvana Authentic Indian ... Indian Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Georgetown
    State
    South Carolina
    Longitude
    -79.035663253339
    Latitude
    33.565889263958

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    FAQs

    What type of property is this?
    Land - Prime Murrells Inlet commercial lot, 1.8 acres.
    Where is this land located?
    The property is located at 17 Business St Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 1.80-acre parcel; General Commercial zoning; Excellent highway visibility
    (843) 655-4562
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    17 Business St Myrtle Beach, SC 29576
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 Business St Myrtle Beach, SC 29576
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