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    3427 Us-501 Conway, SC 29526

    Sponsored
    For Sale
    $3,600,000

    Prime 10.75-acre commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10.75-acre commercial land parcel in Conway, South Carolina, presents a unique development opportunity. Located at the signalized intersection of Highways 501 and 548, this hard-corner site boasts over 760 feet of frontage on Highway 501 and over 860 feet on Highway 548, allowing for multiple access points and efficient site flow. The CFA zoning permits a variety of commercial uses. This is the only commercial development tract available at a signalized intersection on Highway 501 within the Conway submarket, offering unparalleled visibility and accessibility. The property's strategic location benefits from the presence of established businesses such as Tractor Supply, Sleep Inn, and Parker's Kitchen nearby. Furthermore, the area shows significant growth potential, exceeding projected rates, and is surrounded by major regional developers with substantial land holdings. The property's high visibility and access, combined with the robust growth of the Conway submarket, make it an ideal investment for developers seeking a prime location in a thriving area. The asking price is $3,600,000, and the APN is 32600000026. This is a rare opportunity to acquire a highly visible and strategically located commercial development site in a rapidly growing area of South Carolina.

    Property Features for 3427 Us-501

    General Information

    Property type
    Land
    Lot Size
    468,270 SF

    HighLights

    • 10.75‑acre commercial land parcel in Conway, SC, at the signalized intersection of Highways 501 & 548, offering over 760 ft of frontage on Hwy 501 and over 860 ft on Hwy 548.
    • High visibility and accessibility due to signalized intersection and abundant frontage.
    • Surrounded by national and regional retailers and major developers with significant land holdings.
    • Conway submarket experiencing above‑projected growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conway
    County
    Horry
    State
    South Carolina
    Longitude
    -79.105221525391
    Latitude
    33.873763618383

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    FAQs

    What type of property is this?
    Land - Prime 10.75-acre commercial land
    Where is this land located?
    The property is located at 3427 Us-501 Conway, SC.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: 10.75-acre commercial land parcel in Conway, SC, at the signalized intersection of Highways 501 & 548, offering over 760 ft of frontage on Hwy 501 and over 860 ft on Hwy 548.; High visibility and accessibility due to signalized intersection and abundant frontage.; Surrounded by national and regional retailers and major developers with significant land holdings.
    Request Owner's contact information
    3427 Us-501 Conway, SC 29526
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    Conway, SC 29526
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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
    3427 Us-501 Conway, SC 29526
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