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Property profile & analytics
OFF-MARKET
Land

3545 Frontage Rd Murrells Inlet, SC 29576

3.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.3-acre commercial land parcel presents a prime development opportunity in Murrells Inlet, South Carolina. Situated on the highly visible US Highway 17 Bypass, this property offers unparalleled accessibility and visibility, making it ideal for a diverse range of commercial ventures. The property is zoned GC (Commercial District) with a Waccamaw Neck Commercial Corridor Overlay Zone, and boasts an approved Master Site Plan allowing for a flexible mix of medical, retail, and senior living facilities. Development plans include up to 12,000 square feet for medical office/imaging space, up to 34,000 square feet for medical office space, up to 12,000 square feet for retail/medical retail space, and up to 12,000 square feet for a skilled nursing facility. Building height is capped at 35 feet (approximately two stories), with setbacks of 90 feet on US Highway 17 Bypass, 50 feet minimum on the front, 10 feet minimum on the side, 15 feet minimum on the rear, and 33 feet minimum on corners. Parking requirements will influence development density, and detention requirements will be determined by building footprint coverage. Located in the heart of Murrells Inlet, a thriving coastal community with a growing year-round population and numerous existing businesses, this property is close to Waccamaw Medical Center and Murrells Inlet Medical Center. This presents a rare chance to develop a high-quality commercial project in a sought-after location, benefiting from strong demand for medical, retail, and senior living facilities. The asking price is $975,000.

Property profile
Verified
Property type Land
Lot 3.3 ac (143,748 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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