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Property profile & analytics
OFF-MARKET
Restaurants

123 Pavilion Dr Little River, SC 29566

542 SF 0.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 542 square foot single-tenant quick-service restaurant building presents a unique investment opportunity. Located on a 0.52-acre outparcel, it features a drive-thru and a walk-up window, ideal for a coffee shop, ice cream parlor, or similar concept. The property boasts convenient access and high visibility, situated near Lowe's Foods, Heartland Dental, and Lowe's Gas, ensuring significant foot and vehicle traffic. All necessary water detention, stormwater management, and entitlements are in place, simplifying the development process. This thriving location at the northern entrance to the Grand Strand serves both Little River, SC, and Calabash, NC, benefiting from a robust population of approximately 44,200 within a 5-mile radius, boasting an average income of $57,200. The area demonstrates impressive population growth, with a 4% increase since 2019 and a remarkable 18% surge since 2016, fueled by numerous new residential developments planned and underway. The high volume of over 14 million annual tourists visiting Little River and Calabash further enhances the property's appeal and potential for strong returns. Rent is negotiable on a NNN basis. This is a rare chance to establish a successful business in a high-growth, high-traffic area.

Property profile
Verified
Property type Restaurants
Total area 542 SF
Lot 0.52 ac (22,651 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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