1560 G P Smith Ave Longs, SC 29568
This exceptional 1.99-acre parcel in Longs, South Carolina, presents a prime opportunity for a self-storage or boat/RV storage development. Located at 1560 G P Smith Ave, Horry County, this property boasts pre-approved plans for a 22,000-square-foot building, expandable to three stories, or open/covered RV parking. The flexible design allows for customization to suit the buyer's vision. Situated off Highway SC-9, with over 17,000 vehicles passing daily, this location offers excellent visibility and accessibility. Longs, SC, and the surrounding area have experienced significant growth, with a 52% population increase since 2010 and a projected 8.8% growth within a five-mile radius by 2026. The property's strategic location provides easy access to both Longs and North Myrtle Beach. A completed feasibility study rated the property a B+. Importantly, the property has already received all necessary flood zone approvals from Horry County, a requirement for commercial parcels over half an acre. The asking price is $326,000. This is a rare chance to capitalize on the booming growth in Horry County and establish a thriving storage business. The property's zoning and approvals significantly reduce development hurdles, making this an attractive investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.