Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    17 Business Back Part Surfside Beach, SC 29575

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    5.14 Acres, C-1 Zoning, Prime Location

    Property Features for 17 Business Back Part

    General Information

    Property type
    Land
    Lot Size
    223,898 SF

    We can help!

    Listing Contact
    Phil Bethune
    Phil Bethune

    Listing Agency: Tideland Commercial Listing Agent: Phil Bethune

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 5.14-acre parcel of land presents a remarkable investment opportunity in the thriving Surfside Beach, South Carolina market. Strategically located on the Northwest side of Highway 17 Business (back portion), this property boasts a highly desirable C-1 zoning designation, opening doors to a wide array of commercial development possibilities. The expansive lot size provides ample space for various projects, catering to the needs of businesses seeking a prominent presence in this bustling area. With its convenient access to Highway 17, this location ensures high visibility and easy accessibility for customers and employees alike. The property's APN is 45915010048. The asking price for this prime commercial land is $1,285,000. Note that an additional 2.59 acres of highway frontage is also available, presenting a unique opportunity to acquire an even larger footprint in this sought-after location. This land is situated in Horry County, South Carolina, zip code 29575, offering a blend of coastal charm and commercial potential. The coordinates are 33.6327681 latitude and -78.9586427 longitude. Don't miss this chance to secure a piece of Surfside Beach's vibrant commercial landscape.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Surfside Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.9586427
    Latitude
    33.6327681

    Nearby Similar for Sale

    • $549,000
      1,944 SF

      Turnkey Office in Surfside Beach

      Well-maintained office space with flexibility and a great location.
      811 6Th Ave S, Surfside Beach, SC 29575
      View Details
    • New
      $675,000

      Surfside Beach Duplex Near Beach

      Versatile coastal duplex near the beach with income potential.
      310 14Th Ave S, Surfside Beach, SC 29575
      View Details
    • $1,770,000

      Furnished Triplex Near Ocean Boulevard

      Fully furnished 10-bedroom triplex with ocean views and private pool.
      510 S Ocean Blvd, Surfside Beach, SC 29575
      View Details
    • $599,000

      Surfside Beach Income Producing Duplex

      Income-producing duplex near Surfside Beach pier and attractions.
      114 N Pinewood Dr N, Surfside Beach, SC 29575
      View Details
    • $1,200,000
      4,510 SF

      Retail Property in Surfside Beach

      Retail property for sale in Surfside Beach, South Carolina.
      2016 Highway 17, Surfside Beach, SC 29575
      View Details
    • $1,050,000
      800 SF

      Iconic Bar in Surfside Beach

      Iconic bar for sale in Surfside Beach, South Carolina.
      1507 S Highway 17 S, Surfside Beach, SC 29575
      View Details
    • Contact for pricing
      1,008 SF

      Updated Oceanfront Condo in Surfside

      Oceanfront condo with stainless steel appliances, private balcony, and premium amenities.
      811 N Ocean Blvd, Surfside Beach, SC 29575
      View Details
    • $1,200,000
      4,510 SF

      Surfside Beach Commercial Property

      High-traffic location, multi-tenant retail building.
      2014 Business, Surfside Beach, SC 29575
      View Details
    • $689,999

      Surfside Beach Income-Producing Quadplex

      Well-maintained quadplex near the beach, shops, and restaurants.
      718 Juniper Dr, Surfside Beach, SC 29575
      View Details
    • Contact for pricing

      Surfside Beach Furnished Condo

      Furnished 2-bedroom condo in Surfside Beach, move-in or rental ready.
      1870 Auburn Ln, Surfside Beach, SC 29575
      View Details
    • Contact for pricing
      1,170 SF

      Surfside Beach Condo with Pond View

      Move-in ready, fully furnished 3-bedroom condo with low HOA.
      1950 Bent Grass Dr, Surfside Beach, SC 29575
      View Details
    • $1,795,000
      3,696 SF

      Surfside Beach Duplex Investment

      Beachfront Duplex, High ROI, 2 Units
      412 Seaside Dr, Surfside Beach, SC 29575
      View Details

    FAQs

    What type of property is this?
    Land - 5.14 Acres, C-1 Zoning, Prime Location
    Where is this land located?
    The property is located at 17 Business Back Part Surfside Beach, SC.
    What is the asking price?
    The asking price for this property is $1,285,000.
    What are key features of this property?
    This property features: 5.14-acre commercial lot in Surfside Beach, SC, zoned C-1.; Located on the Northwest side of Highway 17 Business.; Asking price: $1,285,000.
    (843) 655-4562 Call to check price and availability
    Request Owner's contact information
    17 Business Back Part Surfside Beach, SC 29575
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17 Business Back Part
    Surfside Beach, SC 29575
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    17 Business Back Part Surfside Beach, SC 29575
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Phil Bethune
    Phil Bethune
    Real Estate License ID: 83992
    (843) 655-4562 (843) 977-2167
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!