3545 Frontage Rd Murrells Inlet, SC 29576
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.
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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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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