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    707 Tbd Hwy Myrtle Beach, SC 29588

    For Sale
    $550,000

    1.1 Acres, HC Zoning, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.107-acre commercial land parcel, located on Highway 707 in Myrtle Beach, South Carolina, presents a unique investment opportunity. Zoned HC, this property offers significant potential for a variety of commercial ventures. The lot boasts a desirable location within a thriving residential area, already home to other established commercial businesses, ensuring a strong customer base and high visibility. The property's strategic positioning along Highway 707 provides excellent accessibility and exposure to a substantial daily traffic count of 27,500 vehicles. This high traffic volume translates to significant potential for attracting customers and maximizing business exposure. The asking price is $550,000, representing a land value of $500,000 per acre. The Horry County Assessor's Parcel Number (APN) is 44012020049. This property is ideally suited for developers and entrepreneurs seeking a prime location in a rapidly growing area of Myrtle Beach. Don't miss this chance to acquire a piece of this vibrant and successful community. The property's location in the 29588 zip code offers easy access to local amenities and attractions. Serious inquiries are encouraged.

    Property Features for 707 Tbd Hwy

    General Information

    Property type
    Land
    Lot Size
    48,221 SF

    HighLights

    • 1.1.07‑acre commercial lot in Myrtle Beach, SC, on Highway 707.
    • HC zoning allows for diverse commercial uses.
    • High visibility location in a thriving residential area with existing businesses.
    • Excellent accessibility and exposure with 27,500 daily vehicles on Highway 707.
    • $550,000 asking price ($500,000/acre); APN 44012020049.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -79.02995127
    Latitude
    33.6413392

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    FAQs

    What type of property is this?
    Land - 1.1 Acres, HC Zoning, High Traffic Area
    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 $550,000.
    What are key features of this property?
    This property features: 1.1.07-acre commercial lot in Myrtle Beach, SC, on Highway 707.; HC zoning allows for diverse commercial uses.; High visibility location in a thriving residential area with existing businesses.
    (843) 979-6754
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    707 Tbd Hwy Myrtle Beach, SC 29588
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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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