1028 Glenforest Rd Myrtle Beach, SC 29579
This exceptional 1.17-acre commercial land parcel presents a prime development opportunity in the thriving Carolina Forest area of Myrtle Beach, South Carolina. Located at 1028 Glenforest Rd, 29579, this single-tenant site offers unparalleled visibility and accessibility. The property boasts direct frontage on US Highway 501, a major thoroughfare with an average daily traffic count exceeding 50,000 vehicles. Convenient access is ensured by a deceleration lane from Highway 501 and a right-in/right-out onto Orchard Drive. This strategic location places the property within close proximity to Highway 31, further enhancing its accessibility and appeal. The site is zoned HC and is development-ready. Its prime location within the Carolina Forest Square Shopping Center places it amongst a strong roster of established businesses, including Publix, Ollie's, KFC, Dairy Queen, Tanger Outlets, Kroger, and Bank of America. Carolina Forest is experiencing rapid growth, making this an exceptional investment opportunity for businesses seeking high visibility and a strong customer base in a dynamic market. This is a rare opportunity to secure a prominent location in one of South Carolina's fastest-growing communities.
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.