Convenience Store with
For Sale
$2,500,000
965 Bucksport Rd., Conway, SC 29527
COMMERCIAL/INDUSTRIAL, Conway, SC
Property Size6,215 SF
Lot Size1.25 Acres
Price / SF$402.25
Days on Market172
Property Features for 965 Bucksport Rd.
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
FA
Exterior features
Fixtures/Furniture, Handicap Access, Kitchen Facility
Accessibility
Accessible Approach with Ramp
Subdivision
25B Conway Area--between Wacc. River & 701 / includes Bucksport
Standard status
Active
Size
6,215 SF
Lot size
1.25 Acres
Building Details
Floors in Building
1
Number of units
1
Listing Agency:
Above The Beach Real Estate
(843) 397-9434
Listed By:
Jennifer Lewis · License #82917
(843) 995-0375
Added: Mar 26
Changed: Aug 19
Last Checked: Sep 13 at 8:06PM
MLS# 2607842
Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The offering includes a currently operating liquor and convenience store, the associated business, and the building. Existing improvements include fixtures and furniture, a kitchen facility, handicap access, and an accessible approach with ramp. The property is currently used for retail convenience sales and liquor service.
The sale also includes approximately 1.25 acres at 965 Bucksport Rd. in Conway, South Carolina. Zoning is FA. The building was previously used as a restaurant and laundromat, providing documented flexibility in its prior commercial use history.
The sale also includes approximately 1.25 acres at 965 Bucksport Rd. in Conway, South Carolina. Zoning is FA. The building was previously used as a restaurant and laundromat, providing documented flexibility in its prior commercial use history.
Key Highlights
- Business, building, and approximately 1.25 acres included
- Current liquor and convenience store use
- Kitchen facility in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$102,529
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,050,580
$2.1M
Cap Rate 7%
$1,464,700
$1.5M
Cap Rate 9%
$1,139,211
$1.1M
Market Conditions
NOI Build-Up for 6,215 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$140.2K $22.56/SF
− Vacancy
−$3.5K −$0.56/SF
EGI
$136.7K $22.00/SF
− OpEx
−$34.2K −$5.50/SF
NOI
$102.5K $16.50/SF
Area
Horry County, SC
Vacancy
2.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,050,580
Cap Rate 7%
$1,464,700
Cap Rate 9%
$1,139,211
Alternative Uses
Best Use
Specialty Retail
$1.46M
$1.28M – $1.71M
NOI $102,529 @ 7.0% cap · market cap 4.10%
Second Best
Retail
$1.29M
$1.13M – $1.51M
NOI $90,604 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,259 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29527, SC
26,343
Population
11,447
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
86%
High-School Grad
155.1 sq mi
ZIP Area
170
Density / Sq Mi
$53,078
Median Household Income
$32,294
Median Earnings
$962
Median Rent
$197,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating liquor and convenience business with a building, fixtures, kitchen facility, and accessible ramp.
Where is this grocery and convenience store located?
The property is located at 965 Bucksport Rd. Conway, 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: Business, building, and approximately 1.25 acres included; Current liquor and convenience store use; Kitchen facility in place
