Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Expansive Land Near North Myrtle Beach Title is generated by Realmo AI

    Water Tower Rd., Longs, SC 29568

    View on Map
    Claim this Listing
    For Sale
    $7,500,000

    LAND - Longs, SC

    Lot size:
    193.96 Acres
    Added:
    Nov 1, 2025
    Days on Market:
    202
    Last Refresh:
    May 21 at 6:06 pm

    Property Features for Water Tower Rd.

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    CFA
    Standard status
    Active
    Lot size
    193.96 Acres

    We can help!

    Listing Contact
    Alissa Carpenter

    Listing agent Alissa Carpenter License #354143

    Listing office Realty ONE Group DocksideNorth Myrtle Beach, SC

    Listing date Nov 1, 2025

    MLS# 2526383 Listing URL

    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.

    HighLights

    • 193‑acre property minutes from North Myrtle Beach.
    • Approximately 50 upland acres ready for development.
    • CFA zoning allows for diverse commercial and residential uses.
    • Owner willing to subdivide to suit buyer needs.
    • Excellent proximity to Highways 31, 17, and 9.
    • Potential for rezoning and/or annexation into North Myrtle Beach.

    Overview

    This expansive 193.96-acre property is located minutes from North Myrtle Beach, SC. Approximately 50 upland acres are ready for development. The property is zoned CFA, allowing for various permitted uses, including retail centers, commercial complexes, self-storage facilities, warehouses, boat repair and marine services, bulk landscape supply, nurseries, office buildings, business parks, assisted living communities, private schools, religious or spiritual centers, golf courses, recreational amenities, grocery stores, restaurants, bars, low-density residential, manufactured homes, and townhomes. The property offers versatility for mixed-use development, a private residential community, or specialized commercial operations. The owner is willing to subdivide to suit buyer needs. The location provides proximity to Highways 31, 17, and 9. The property is located in a growing market with strong regional demand for housing and services. There is potential for rezoning and annexation into the City of North Myrtle Beach for additional uses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Longs
    County
    Horry
    State
    South Carolina
    Longitude
    -78.73976
    Latitude
    33.854702

    Nearby Similar for Sale

    • $1,399,000
      4,994 SF

      Established Restaurant Property For Sale

      Turn-key restaurant with established following in a growing area.
      7036 Highway 90, Longs, SC 29568
      View Details
    • $995,000

      Highway 9 Commercial Land

      5 acres of commercial land on Highway 9 in Longs.
      TBD600 Highway 9, Longs, SC 29568
      View Details
    • $1,999,000
      9,000 SF

      Commercial Warehouse with Excess Land

      Commercial warehouse with excess land and highway frontage.
      East Side Hwy 9 E Hwy 9, Longs, SC 29568
      View Details
    • $1,600,000

      Land Near Barefoot Resort

      Approximately 5 acres of land near Barefoot Resort.
      Water Tower Rd., Longs, SC 29568
      View Details
    • $675,000

      Commercial Lot Near Highway 9

      Commercial lot for sale near intersection of SC-9 and SC-905.
      135 W Hwy 9, Longs, SC 29568
      View Details
    • $399,000
      1,800 SF

      Commercial Property with Residential Unit

      Commercial property with garage/office and refurbished residential unit.
      1560 G P Smith Ave., Longs, SC 29568
      View Details
    • $1,150,000

      Longs, SC Prime Land

      Almost 50 acres of prime land in Longs, SC.
      Turkey Pen Rd., Longs, SC 29568
      View Details
    • $5,200,000

      Intracoastal Waterfront Land Opportunity

      167-acre waterfront property with development potential and conservation.
      Water Tower Rd., Longs, SC 29568
      View Details
    • $1,100,000

      269+ Acres Near North Myrtle Beach

      Land suitable for residential or resort development near sports complex.
      Long Bay Road, Longs, SC 29568
      View Details
    • $600,000

      Commercial Lot in Growing Area

      1.42 acre commercial lot with road frontage on Hwy 9.
      104 Highway 9 E, Longs, SC 29568
      View Details
    • $105,500

      Land Near North Myrtle Beach

      1.5 acre lot, 20 minutes from North Myrtle Beach.
      Sugar Bowl Ln., Longs, SC 29568
      View Details
    • $335,000

      Prime Land in Longs, SC

      Over 5 acres of prime land in Longs, South Carolina.
      N Highway 905, Longs, SC 29568
      View Details

    FAQs

    What type of property is this?
    Commercial land - 193-acre property near North Myrtle Beach with development potential.
    Where is this commercial land located?
    The property is located at Water Tower Rd. Longs, SC.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: 193‑acre property minutes from North Myrtle Beach.; Approximately 50 upland acres ready for development.; CFA zoning allows for diverse commercial and residential uses.
    (843) 742-8700
    We can help!
    Listing Contact
    Alissa Carpenter
    Real Estate License ID: 354143
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Water Tower Rd., Longs, SC 29568
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!