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Property profile & analytics
OFF-MARKET Estimated value $575,000
Strip malls

1601 Kings Hwy Myrtle Beach, SC 29577-4512

6,937 SF 0.57 ac lot Built 1975
Entity Owned 1-yr Hold Free & Clear
Property ID
US77-1989486
Property summary
AI-generated overview

This exceptional 1,850-square-foot commercial property, located at 1601 S Kings Hwy in Myrtle Beach, South Carolina, presents a fantastic opportunity for a single-tenant retail or restaurant business. Situated on a 0.62-acre lot, this single-story building offers ample space and visibility. The property is zoned HC-2, providing flexibility for a variety of uses. The entire 1,850 square feet is currently vacant, allowing for immediate occupancy and customization to suit your specific business needs. The property's address is 1601 S Kings Hwy, Myrtle Beach, SC 29577, and its Horry County APN is 4315020042. Its convenient location in Myrtle Beach offers high foot traffic and excellent exposure to potential customers. This is an ideal space for entrepreneurs looking to establish a thriving business in a vibrant coastal community. The property's single-tenant occupancy ensures exclusive use and control, minimizing shared space concerns. The building's single-story design provides easy accessibility and efficient layout. This is a rare opportunity to secure a prime retail or restaurant location in a desirable area of Myrtle Beach. Don't miss out on this chance to establish your business in a high-traffic, high-visibility location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1975
Construction CONCRETE
Total area 6,937 SF
Lot 0.57 ac (24,829 SF)
Zoning code C2
APN 443-15-02-0042
UPID US77-1989486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hungry Howie's Pizza Take-out & Catering
  • Shell Grocery & Convenience Store
  • ATM (Quik Mart) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$491k
Blend (final) Blend
$575k
Owner & transaction history
Mse Holdings LLC · 1 yrs held
Mse Holdings LLC
since 2024
6 recorded transactions
2024
Price N/A
2023
Price N/A
2021
Price N/A
2018
Price N/A
2012
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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