Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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