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Property profile & analytics
OFF-MARKET
Land

1028 Glenforest Rd Myrtle Beach, SC 29579

1.17 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.17 ac (50,965 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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