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    Property profile & analytics

    120 Carolina Rd Conway, SC 29526-8661

    • Day care centers
    • 5,130 SF
    • 2.18 lot acres
    OFF-MARKET
    Value Estimation
    $1,960,000
    Last Sale
    Aug 16, 2023
    $1,751,250
    Location Intelligence
    Property ID
    US77-1070761
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • A Step Ahead Child Development / Day Care Center / School

    Property Details for 120 Carolina Rd

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    2.18 lot acres
    Property size
    5,130 SF
    Zone code
    HC
    Property type
    Day care centers
    APN
    383-01-03-0005
    APU
    38301030005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,840,000
      6.5%
      $1,675,000
      7%
      $1,740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,760,000
      Geo Method
      $1,715,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,060,000
      Retail
      $1,995,000
      Mixed-Use
      $2,105,000
      Hospitality
      $1,850,000
      Educational
      $1,680,000
      Residential Income
      $1,730,000
      Energy
      $1,975,000
      Income-Based Land
      $1,855,000
      Food Service
      $1,550,000

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0102
    Latitude
    33.8028
    CBSA code
    34820
    CBSA name
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,379
    $12,000
    $68,136
    $80,136
    -
    $200,000
    $1,135,600
    $1,335,600

    Comparable in this City

    • Value Estimation
      $315,000
      5,475 SF

      1100 Church St

      DAY CARE, PRE-SCHOOL • 5,475 SF
      1100 Church St, Conway, SC 29526-4127
      View Details
    • Value Estimation
      $595,000
      3,566 SF

      1911 Main St

      DAY CARE, PRE-SCHOOL • 3,566 SF
      1911 Main St, Conway, SC 29526-3334
      View Details
    • Value Estimation by Request
      2,320 SF

      902 Buck St

      DAY CARE, PRE-SCHOOL • 2,320 SF
      902 Buck St, Conway, SC 29526-4118
      View Details
    • Value Estimation by Request
      4,482 SF

      1520 Racepath Ave

      DAY CARE, PRE-SCHOOL • 4,482 SF
      1520 Racepath Ave, Conway, SC 29526-4285
      View Details
    • Value Estimation
      $495,000
      2,880 SF

      Hwy 701

      DAY CARE, PRE-SCHOOL • 2,880 SF
      Hwy 701, Conway, SC 29526
      View Details
    • Value Estimation
      $2,400,000
      8,203 SF

      690 Singleton Rdg Rd

      DAY CARE, PRE-SCHOOL • 8,203 SF
      690 Singleton Rdg Rd, Conway, SC 29526-9154
      View Details

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    Similar Nearby for Lease

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    • $8 SF/Yr
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      Conway Warehouse with Cranes

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    • $25,946
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      Conway Industrial Facility with Cranes

      Manufacturing, warehouse, distribution facility with office space and lay-down yard.
      370 Allied Dr, Conway, SC 29526
      View Details
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    120 Carolina Rd
    Conway, SC 29526-8661
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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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