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2258 Hwy 501 Conway, SC 29526-9523

OFF-MARKET Strip malls Google Maps
11,423 SF 7.12 ac lot Built 1997
Entity Owned 1-yr Hold Free & Clear
Estimated value (blended)
$1.99M
Range $1.79M – $2.19M (±10%)
Property ID US77-2006192

Property summary

AI-generated overview

This 900 sq ft retail space is located in the University Shoppes, a busy shopping center in Conway, South Carolina. Situated on a 5.49-acre lot with excellent visibility from Highway 501, boasting an average daily traffic count of 50,100 vehicles. The property benefits from multiple points of ingress and egress, ensuring easy access for customers. The space features a glass storefront, ample open parking, and signage opportunities. It's conveniently located near Conway Medical Center (with over 1,500 employees), Coastal Carolina University, and Horry Georgetown Technical College, serving a strong demographic with a permanent population of 59,783 within a 5-mile radius (excluding 20,000+ college students). The shopping center includes a variety of tenants, including Food Lion, Family Dollar, Chipotle, and several other businesses. The unit itself offers an open retail/showroom area and a restroom. Square footage is approximate

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1997
Construction CONCRETE
Total area 11,423 SF
Lot 7.12 ac (310,147 SF)
Zoning code HC
APN 383-10-03-0022
UPID US77-2006192

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$1.99M

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
$10.8M
2019
Price N/A
2019
Price N/A
2004
$4.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HC · Conway, SC
Zoning description

The intent of the HC District is to provide compatible locations to serve the automobile oriented commercial activities in harmony with major highway developments, reduce traffic congestions and to enhance the aesthetic…

General category COMMERCIAL
Top alternative use upside
Warehouse, storage $2.4M +59.2%
Retail stores $2.2M +40.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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