Technical
Financial
Distress signals
Property profile

1401 Heritage Rd Loris, SC 29569

OFF-MARKET
Warehouses
Property ID
US77-1996666
1,568 SF 5.44 ac lot Built 1976
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,000-square-foot mixed-use property, built in 2012, is situated on a 5.44-acre lot in Loris, South Carolina. Currently leased to the Horry County Council on Aging (HCCOA), this single-story building offers a diverse range of amenities, including a computer room, fitness area, crafts room, meeting/movie room, large community room, kitchen, and dining room. The property also features well-maintained outdoor space and includes a Chevrolet Express Passenger 3500 1LS van. The center provides vital services to seniors, including daily nutritious meals, health screenings, fitness classes, and transportation assistance. The property's MSF-40 zoning allows for potential expansion, subdivision, or redevelopment. Located in a charming community near Myrtle Beach, this investment presents a unique opportunity to acquire a well-established, income-producing asset with significant potential for future growth. The property is well-maintained and ideal for a variety of community uses. The large lot size offers considerable flexibility for future development. The long-term lease with HCCOA provides stable income and a strong tenant history. The sale includes a Chevrolet Express Passenger 3500 1LS van. The property is conveniently located in Loris, SC, approximately five miles from the North Carolina border and 35 miles northwest of Myrtle Beach.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1976
Total area 1,568 SF
Lot 5.44 ac (236,966 SF)
Zoning code RZ
APN 212-05-01-0006
UPID US77-1996666

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Community Center

Location

1401 Heritage Rd Loris, SC 29569-6759
Loris metro Census 20301 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2025
6 recorded transactions
2025
$1.2M
2013
$600,000
2009
Price N/A
2006
$990,000
2006
$730,000
1969
Price N/A

Zoning & alternative use

RZ · Loris, SC

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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