1647 Church St Conway, SC 29526-2959
Property profile & analytics
1647 Church St, Conway, SC 29526-2959
- Turn key restaurants
- 4,424 SF
- 0.45 lot acres
Property ID
US77-2813870
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Applebee's Grill + Bar / Restaurant
Property Details for 1647 Church St
- Year built
- 1997
- Construction
- CONCRETE
- Lot size
- 0.45 lot acres
- Property type
- Turn key restaurants
- APN
- 338-10-01-0014
- APU
- 33810010014
Description
Exceptional investment opportunity featuring a thriving Applebee's restaurant located at 1647 Church Street, Conway, South Carolina. This ±4,424 square foot establishment sits on a ±1.08-acre corner lot, boasting a prime location near Coastal Center Shopping Plaza and surrounded by other national retailers. The property offers a strong net operating income (NOI) of $222,947.76, resulting in an attractive 7.80% capitalization rate. Currently operating under a triple-net (NNN) lease with Applebee's, the lease has a remaining term of approximately 2.8 years, extending to November 30, 2027. The current lease is in year 4 of a 7-year first option period. The asking price for this exceptional investment is $2,850,000. Built in 1997, this property presents a stable and lucrative investment opportunity with significant upside potential. The property's tax map number is 33810010014. This is a rare chance to acquire a well-established, high-performing restaurant in a desirable location. Don't miss this opportunity to add a strong, cash-flowing asset to your portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,435,000
- ML approach
- $2,495,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,195,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Horry
- State
- South Carolina
- Longitude
- -79.0683
- Latitude
- 33.848
- CBSA code
- 34820
- CBSA name
- MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,296
$8,791
$32,734
$41,525
-
$196,020
$776,800
$972,820
