707 Tbd Hwy Myrtle Beach, SC 29588
This exceptional 15-acre commercial land parcel, located on Highway 707 in Myrtle Beach, South Carolina, presents a significant investment opportunity. Zoned HC, this property boasts high visibility and accessibility, with four excellent corner locations ideal for development. The asking price is $4,500,000, translating to $300,000 per acre. An updated survey and wetland study are currently underway, confirming the absence of wetlands previously indicated. The property enjoys a prime location within a thriving residential area, already home to other commercial businesses. High traffic counts of 27,500 vehicles further enhance its desirability. While the seller will consider subdividing the land, the price per acre will increase for smaller parcels. The property's APN is 44100000020. This is a rare opportunity to acquire a substantial commercial tract in a high-demand area of Myrtle Beach, offering excellent potential for a variety of commercial ventures. Located in Horry County, SC, zip code 29588, this property is ready for your vision. The coordinates are 33.6413076 latitude and -79.0298642 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.