31 & Water Tower Rd Longs, SC 29582
Exceptional opportunity to acquire 237.03 acres of commercially zoned land situated at the intersection of Highway 31 and Water Tower Road in North Myrtle Beach, South Carolina. This expansive property, identified by Horry County TMS # 155-00-01-053 and PIN # 389-00-00-000.2, presents significant development potential. The location offers unparalleled access to major thoroughfares, ensuring high visibility and convenient access for any commercial venture. Its proximity to Barefoot Resort developments, less than four miles from the pristine beaches of North Myrtle Beach, and within five miles of prominent shopping centers like Tanger Outlets, Colonial Mall, and Arcadian Shores Commons, guarantees a robust customer base. Furthermore, the property's close proximity to Restaurant Row, known for its diverse culinary offerings, adds to its appeal. The property is zoned for commercial use, providing flexibility for a wide range of development options. While a portion of the original acreage has been sold or is under contract, this significant remaining parcel offers a rare chance to capitalize on the thriving North Myrtle Beach commercial market. Contact us for pricing and further details.
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
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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.