Property profile

17 Business St Myrtle Beach, SC 29575

OFF-MARKET
Retail properties & Spaces
11.26 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Myrtle Beach, South Carolina. Located at the highly visible intersection of Highway 544 and Highway 17 Business, this property is part of the master-planned Ocean Lakes Village redevelopment. The site boasts a total of 13.06 acres, with various parcels available for ground lease or build-to-suit options, catering to retailers and restaurants. Phase I is development-ready, featuring existing retail establishments, while Phase II includes a Walmart Neighborhood Market and other successful businesses. This prime location benefits from significant foot traffic, drawing approximately 60,000 weekly visitors during peak season (June-August) from nearby campgrounds including Ocean Lakes Family Campground, Lakewood Campground, Pirateland Campground, and Myrtle Beach Vacation Resort. The property offers excellent visibility and signage opportunities, including placement on three common pylon signs. Available parcels range in size, providing flexibility for various development needs. This is an ideal location to capitalize on the high volume of tourism in this thriving area of Myrtle Beach. The vacant space totals 1,500 square feet, and the property is situated in Horry County, South Carolina, with a zip code of 29575. This is a single-tenancy property.

Property profile

Verified
Property type Retail properties & Spaces
Lot 11.26 ac (490,486 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

17 Business St Myrtle Beach, SC 29575
Myrtle Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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