Technical
Financial
Distress signals
Property profile

11935 Park Ctr Murrells Inlet, SC 29576

OFF-MARKET
Land
0.39 ac lot
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Property summary

AI-generated overview

This exceptional 0.39-acre vacant land parcel presents a remarkable opportunity for development in the thriving Murrells Inlet market. Located at 11935 Plaza Drive, Lot 6, within the South Park Centre professional/medical office park, this property boasts exceptional visibility and convenient access. Situated on a corner lot, it offers approximately 75 feet of frontage on Plaza Drive and a depth of approximately 217 feet. The lot is already cleared and features a gravel base, simplifying the development process. Utilities are readily available, making this site ideal for immediate construction. The property is zoned HC, and a conceptual site plan for a 4,500 square foot office building is available upon request. South Park Centre benefits from its strategic location, easily accessible from Highway 17 Bypass and Inlet Square Drive, experiencing high traffic volume with an average daily traffic count of 36,700 vehicles on Highway 17 Bypass. This prime location within a well-established office park ensures strong potential for attracting tenants and maximizing return on investment. The asking price for this exceptional opportunity is $165,000.

Property profile

Verified
Property type Land
Lot 0.39 ac (16,988 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11935 Park Ctr Murrells Inlet, SC 29576
Murrells Inlet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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