This exceptional 5-acre commercial land parcel, located at 116 Hwy 17 S in Little River, South Carolina, presents a rare development opportunity. Boasting over 780 feet of highway frontage, this property enjoys unparalleled visibility and high traffic counts, with over 30,000 vehicles passing daily. Zoned Highway Commercial (HC), it's ideally situated just one mile from North Myrtle Beach, offering easy access to the area's thriving tourism and residential markets. The property's size and zoning make it suitable for a wide range of commercial ventures, including retail, resort, hotel, mixed-use developments (retail/professional/residential), restaurants, automotive businesses, industrial uses, professional offices, medical facilities, assisted living, or residential construction. Its prime location near shopping, dining, entertainment, golf, fishing, the Little River Intracoastal Waterway, and the beautiful beaches of the Grand Strand adds significant value. This property falls under Horry County zoning and building codes (zip code 29566). The asking price is $1,999,900. Don't miss this unique chance to acquire a substantial commercial tract in a high-demand location.
High Peak Roofing ...Roofing ContractorKenny's Custom Built ...Home BuilderHyatt Construction, LLCHome BuilderKenny's Custom Built ...Mobile Home Dealer
The property is located at 116 Highway 17 Little River, SC.
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The asking price for this property is $1,999,900.
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116 Highway 17 Little River, SC 29566
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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.
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116 Highway 17 Little River, SC 29566
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116 Highway 17, Little River, SC
David C Hyatt
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David C Hyatt
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116 Highway 17, Little River, SC
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David C Hyatt
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