Technical
Financial
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Property profile

90 Tbd Hwy Conway, SC 29526

OFF-MARKET
Land
9.96 ac lot
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Property summary

AI-generated overview

This exceptional 9.96-acre commercial land parcel in Conway, South Carolina, presents a rare development opportunity. Located on Highway 90, just steps from the intersection of Highway 90 and International Drive, this property boasts over 800 feet of highway frontage and benefits from a daily traffic count exceeding 15,000 vehicles. Its strategic location provides convenient access to the densely populated areas of Myrtle Beach and Carolina Forest. Over 2,000 homes are within a one-mile radius, with ongoing residential construction further fueling demand for commercial services. Currently, the area suffers from a significant lack of commercial amenities, making this site uniquely positioned to capitalize on this underserved market. The property is zoned AG-3, following completed rezoning approved by Horry County, allowing for a wide range of commercial uses. Significant progress has already been made on entitlements and permitting, including design and engineering for two deceleration lanes and access points currently in the permitting stage with the South Carolina Department of Transportation (SCDOT). Direct access will be available from both directions on Highway 90. Further, a wetland delineation is underway with the Army Corps of Engineers, a Phase 1 environmental study is complete, along with an archeological study and a live oak survey. A portion of the property (not included in this offering) is under contract with a regional convenience store. The asking price is $2,145,000. The APN is 36400000017. This property offers a significant advantage for developers seeking a prime location with streamlined permitting and development processes.

Property profile

Verified
Property type Land
Lot 9.96 ac (433,858 SF)

Cap rate & NOI

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

Location

90 Tbd Hwy Conway, SC 29526
Conway metro
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Value estimations

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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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