3005 Newcastle Loop Myrtle Bch Myrtle Beach, SC 29588

Property Details for 3005 Newcastle Loop Myrtle Bch

Lot size

1.31 lot acres

Property type

Land

Description

This exceptional commercial land offering encompasses two contiguous lots, totaling 1.31 acres, situated in the thriving Queens Harbour development of Myrtle Beach, South Carolina. The property, identified by Horry County PIN numbers 45804040007 and 45804040008, boasts approximately 210 feet of road frontage along Newcastle Loop. Zoned for Planned Unit Developments (PUDs), this versatile land presents significant development potential. The lots are conveniently located near the intersection of Highway 17 Bypass and Highway 544, a high-traffic area with an average daily traffic count of 44,100 vehicles (SCDOT 2022 data). This strategic location places the property in close proximity to major retailers including Lowe's, Starbucks, Target, Kohl's, Walmart, and Office Depot, ensuring high visibility and accessibility. The surrounding area is experiencing substantial growth, with numerous new single-family and multi-family residential developments underway. Individual lot sizes are approximately 0.56 acres (Lot 2) and 0.57 acres (Lot 3), offering flexibility for buyers. The combined asking price for both lots is $319,800. Annual property taxes for 2022 totaled $2,431.00 ($1,215.50 per lot). This presents a unique opportunity to acquire a prime commercial parcel in a rapidly expanding market. The property is offered for sale as a whole or the lots can be purchased separately.