Technical
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Property profile

0 Daphane Dr Loris, SC 29569

OFF-MARKET
Residential income homes
96.4 ac lot
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Property summary

AI-generated overview

This exceptional 96.4-acre tract presents a compelling investment opportunity in Loris, South Carolina, less than 30 minutes from Myrtle Beach's Grand Strand. Its regular shape and minimal wetlands (per a preliminary study available upon request) make it highly attractive for developers and builders. The property boasts a potentially valuable coquina mining resource, given the proximity of a similar existing operation. While likely requiring rezoning for higher density and potentially a secondary access point, the strategic location at the intersection of Hwy 905 and Hwy 22 ensures easy access to the area's renowned beaches, the Waccamaw River, Intracoastal Waterway, numerous golf courses, and the vibrant attractions, restaurants, and nightlife of Myrtle Beach. This property offers significant potential for multifamily development, capitalizing on the strong demand for housing in this rapidly growing coastal region. Further inquiries regarding aspects beyond standard buyer due diligence are welcome. The asking price for this substantial land parcel is $2,000,000.

Property profile

Verified
Property type Residential income homes
Lot 96.4 ac (4,199,184 SF)

Cap rate & NOI

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

Location

Daphane Dr Loris, SC 29569
Loris metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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