2922 Highway 301, Latta, SC 29565
This exceptional 2.35-acre commercial property presents a prime redevelopment opportunity in the thriving Latta, South Carolina market. Strategically located on the busy US Highway 301-501 corridor, this site offers unparalleled visibility and accessibility to a high volume of daily traffic heading towards the popular Myrtle Beach destination. The existing structure on the property is considered obsolete and requires demolition, providing a blank canvas for a new development. This presents a unique chance to construct a building tailored to your specific business needs, maximizing the property's potential. The expansive acreage allows for ample parking and potential for future expansion. Given its location on a major highway, this property is ideal for a variety of commercial uses, including retail, restaurants, light industrial, or other businesses seeking high visibility and convenient access. The asking price of $250,000 represents a significant value for a site of this size and location, offering a strong return on investment for the right developer. Seize this opportunity to establish your business in a high-growth area with exceptional visibility and convenient access to a large customer base. Act quickly, as properties of this caliber in this location are rarely available.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.