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    2.58 Acres Hwy 707 @ Fenway Dr Murrells Inlet, SC 29576

    • Land
    • 2.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 2.58 Acres Hwy 707 @ Fenway Dr

    Lot size
    2.58 lot acres
    Property type
    Land

    Description

    This exceptional 2.58-acre parcel boasts 337 feet of frontage directly on Highway 707 in Murrells Inlet, South Carolina, offering unparalleled visibility and accessibility. Located immediately south of the Fenway Drive entrance, this site is partially cleared and ready for immediate development as a pad site, minimizing disruption from future Highway 707 widening projects. The property is zoned PDD (Planned Development District) within Horry County and comes with a recent wetland determination letter, valid until November 21, 2024. This letter, dated November 21, 2019, provides crucial information for potential development plans. The asking price is $445,000. This prime location presents a unique opportunity for businesses seeking high visibility and convenient access to a major thoroughfare. The property's size and zoning make it ideal for a variety of commercial developments. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Murrells Inlet
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0418
    Latitude
    33.5547

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    Murrells Inlet, SC 29576
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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