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    707 Tbd Hwy Myrtle Beach, SC 29588

    For Sale
    $4,500,000

    15 Acres, Myrtle Beach, SC - $4.5M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 15-acre commercial land parcel, located on Highway 707 in Myrtle Beach, South Carolina, presents a significant investment opportunity. Zoned HC, this property boasts high visibility and accessibility, with four excellent corner locations ideal for development. The asking price is $4,500,000, translating to $300,000 per acre. An updated survey and wetland study are currently underway, confirming the absence of wetlands previously indicated. The property enjoys a prime location within a thriving residential area, already home to other commercial businesses. High traffic counts of 27,500 vehicles further enhance its desirability. While the seller will consider subdividing the land, the price per acre will increase for smaller parcels. The property's APN is 44100000020. This is a rare opportunity to acquire a substantial commercial tract in a high-demand area of Myrtle Beach, offering excellent potential for a variety of commercial ventures. Located in Horry County, SC, zip code 29588, this property is ready for your vision. The coordinates are 33.6413076 latitude and -79.0298642 longitude.

    Property Features for 707 Tbd Hwy

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • 15‑acre commercial land parcel in Myrtle Beach, SC, on Highway 707.
    • HC zoning, high visibility, four corner locations.
    • Asking price: $4,500,000 ($300,000/acre).
    • Updated survey and wetland study underway, confirming no wetlands.
    • High traffic counts (27,500 vehicles daily).
    • Seller may consider subdividing (price per acre increases for smaller parcels).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0298642
    Latitude
    33.6413076

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    FAQs

    What type of property is this?
    Land - 15 Acres, Myrtle Beach, SC - $4.5M
    Where is this land located?
    The property is located at 707 Tbd Hwy Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: 15-acre commercial land parcel in Myrtle Beach, SC, on Highway 707.; HC zoning, high visibility, four corner locations.; Asking price: $4,500,000 ($300,000/acre).
    (843) 241-2654
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    Myrtle Beach, SC 29588
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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
    707 Tbd Hwy Myrtle Beach, SC 29588
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