Property profile

0 2.58 Acres Hwy 707 @ Fenway Dr Murrells Inlet, SC 29576

OFF-MARKET
Land
2.58 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2.58 ac (112,385 SF)

Cap rate & NOI

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

Location

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

Value estimations

Realmo proprietary · 4 methods
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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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