1551 21St Ave Myrtle Beach, SC 29577
- Office Properties & Spaces
- 1,008 SF
Current Use by Public Records
- Coastal Media Brand / Website Designer
- Myrtle Beach Tax Center / Bookkeeping Service / Tax Preparation Service
- Soto Wanda / Health Insurance Agency
- Rape Crisis Center / Association Or Organization
- Allied Universal® Security Services / Security Guard Service / Security Service
Property Details for 1551 21St Ave
- Year built
- 1988
- Property size
- 1,008 SF
- Zone code
- AC1
- Property type
- Office Properties & Spaces
- APN
- 425-05-02-0015
- APU
- 42505020015
Description
This exceptional investment opportunity presents two executive office suites totaling 2,500 square feet, ideally situated in the heart of Myrtle Beach, South Carolina. Located at 1551 21st Ave. N, Units 15 & 16, this property boasts a prime location directly across from Broadway at the Beach, ensuring high visibility and accessibility. The 1.43-acre lot provides ample space, while the two-story building offers a well-designed layout. The interior features a welcoming reception area, a convenient kitchen, two bathrooms, nine individual offices, and a spacious conference room, perfect for accommodating a variety of business needs. This property benefits from its proximity to a diverse range of amenities, including medical facilities, professional services, retail establishments, and high-density residential areas, ensuring a robust client base and a thriving business environment. The asking price for this turnkey executive office space is $395,000. Potential buyers are responsible for conducting their own due diligence and verifying all property details. This is a rare opportunity to acquire a well-established and highly visible commercial property in a rapidly growing area of Myrtle Beach. The property's strategic location and functional design make it an ideal investment for businesses seeking a prominent presence in a bustling commercial district. Don't miss this chance to own a piece of Myrtle Beach's thriving business landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $120,000
- 6.5%
- $130,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $145,000
- Geo Method
- $140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $135,000
- Retail
- $120,000
- Mixed-Use
- $125,000
- Hospitality
- $115,000
- Educational
- $130,000
- Residential Income
- $140,000
- Energy
- $120,000
- Income-Based Land
- $130,000
- Food Service
- $130,000
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.8885
- Latitude
- 33.714
- CBSA code
- 34820
- CBSA name
- MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
