1616 Hwy 17th S North Myrtle Beach, SC 29582-3948
This exceptional commercial property, known as the Cowboy Trading Post, presents a prime investment opportunity at 1616 Hwy 17 S in North Myrtle Beach, South Carolina, 29582. Boasting a substantial 3,964 square feet, this mixed-use space is zoned for commercial use and offers incredible versatility. Currently configured as four separate units, the property can easily be utilized as a single large space or maintained as individual units, catering to a variety of business needs. Its location on the busy Highway 17 S ensures high visibility and significant foot traffic, making it ideal for retail, office, or restaurant ventures. The property includes ample parking, a significant advantage in a high-traffic area. The asking price is $999,999. The property's APN is 35710030008, 35710030007. This location in the heart of North Myrtle Beach offers unparalleled access to a thriving community and a strong tourist base, promising excellent return on investment. The flexible layout and prime location make this a truly unique opportunity for savvy investors seeking a high-impact commercial property in a desirable South Carolina coastal location. Don't miss this chance to secure a foothold in one of North Myrtle Beach's most sought-after commercial corridors.
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Pro-Fit Golf Golf Course (Bike/Boat/Book/etc) Store
Sec. 23-26. - HC Highway Commercial District. (1) Purpose: The purpose of this district is to provide commercial opportunities to the traveling public, and areas in the community where large scale commercial projects may take place with minimal impact on contiguous residential development. This district is designed to support local as well as regional shoppi…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
HC · North Myrtle Beach, SCSec. 23-26. - HC Highway Commercial District. (1) Purpose: The purpose of this district is to provide commercial opportunities to the traveling public, and areas in the community where large scale commercial projects may take place with minimal impact on contiguous residential development. This district is designed to support local as well as regional shopping centers, and business complexes. As such, this district will accommodate a wide range of business and commercial uses, clustered where feasible for "cumulative attraction" and located for optimum accessibility. (2) Permitted uses: Within the HC District, a building or lot shall be used only for the following purposes: (a) Personal service establishments such as barber and beauty shops; laundromats; laundry pick-up; tailor; dressmaker; shoe shops; photo studio; libraries; child care centers; restaurants; and similar personal service establishments, but not massage parlors. (b) Convenience retail establishments such as drug, hardware, grocery and beverage stores; bakery; flower and gift shops; newsstands and bookstores, and similar uses. (c) Primary retail establishments such as department stores, general mercantile stores, clothing, variety, and similar low-bulk comparison items. Any single retail establishment that exceeds fifty thousand (50,000) square feet but is less than seventy-five (75,000) square feet in gross sales floor area is separately defined as "big box" retail. Establishments that are seventy-five thousand (75,000) gross square feet or greater are separately defined as "developments of regional significance" and found in
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.
