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    US-501 & Myrtle Rdg Dr Conway, SC 29579

    Sponsored
    For Lease
    Contact for pricing

    20-Acre Highway Commercial Lot For Lease

    Lot size:
    871,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Conway, South Carolina. Ideally situated at the intersection of US-501 and Myrtle Ridge Drive, this property boasts a highly visible location with excellent access and high traffic counts, making it perfect for a variety of commercial uses. The land is zoned HC (Highway Commercial), allowing for a wide range of development possibilities. The single-tenant zoning provides flexibility for a large-scale development or a single, significant commercial enterprise. With its expansive acreage, this property offers ample space for substantial construction projects, providing significant potential for future growth and return on investment. The location in Horry County, South Carolina, places it within a thriving and rapidly growing region, offering access to a robust consumer base and a strong local economy. This is a rare opportunity to acquire a large, strategically located commercial land parcel in a prime South Carolina location. The property's size and zoning make it suitable for a variety of commercial ventures, from retail and restaurants to light industrial and office spaces. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property address is US-501 & Myrtle Ridge Dr, Conway, SC 29579.

    Property Features for US-501 & Myrtle Rdg Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    871,200 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    871,200 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conway
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0491913
    Latitude
    33.8207354

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    FAQs

    What type of property is this?
    Land - 20-Acre Highway Commercial Lot For Lease
    Where is this land located?
    The property is located at US-501 & Myrtle Rdg Dr Conway, SC.
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    US-501 & Myrtle Rdg Dr Conway, SC 29579
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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
    US-501 & Myrtle Rdg Dr Conway, SC 29579
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