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    489 Myrtle Ridge Dr Conway, SC 29526

    Sponsored
    For Lease
    $14 SF/Yr ($7,000 /Mo)

    New 6,000 SF Warehouse; Flexible Units

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property offers 6,000 square feet of brand-new warehouse space, ideally situated on a 2.72-acre lot. The building, constructed in 2025, features a single story and is zoned PUD (Planned Unit Development), offering flexibility for various business needs. The property consists of two suites, each offering a minimum of 2,000 square feet and a maximum contiguous space of 4,000 square feet. Currently, all 6,000 square feet are vacant and available for lease. Units are currently under construction, with estimated completion in early 2025, and reservations are being accepted now. These are "vanilla shell" spaces, meaning they are delivered in a basic, unfinished state, allowing tenants complete customization for their specific operational requirements. Note that HVAC systems are not included; tenants are responsible for build-out costs. The 2025 Common Area Maintenance (CAM) fees are currently being finalized. The property's APN is 40006030162. This presents a unique opportunity to secure modern, adaptable warehouse space in a prime location. Contact us today to learn more about leasing options and reserve your space in this exciting new development.

    Property Features for 489 Myrtle Ridge Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Total Rate
    7000

    Building Details

    Year Built
    2025
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,000 SF
    Rate per SF
    $14

    HighLights

    • New construction warehouse units; estimated completion early 2025; accepting reservations.
    • Brand new, vanilla shell warehouse spaces; HVAC not included; tenant improvement allowance negotiable.
    • 2025 CAM fees to be determined.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vines Restoration Plumbing ... Plumber

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Horry
    State
    South Carolina
    Longitude
    -78.993759584486
    Latitude
    33.769506247464

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    FAQs

    What type of property is this?
    Distribution property - New 6,000 SF Warehouse; Flexible Units
    Where is this distribution property located?
    The property is located at 489 Myrtle Ridge Dr Conway, SC.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: New construction warehouse units; estimated completion early 2025; accepting reservations.; Brand new, vanilla shell warehouse spaces; HVAC not included; tenant improvement allowance negotiable.; 2025 CAM fees to be determined.
    Request Owner's contact information
    489 Myrtle Ridge Dr 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
    489 Myrtle Ridge Dr Conway, SC 29526
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