2258 Hwy 501, Conway, SC 29526-9523
- Strip malls
- 11,423 SF
- 7.12 lot acres
Current Use by Public Records
- Strip malls
Property Details for 2258 Hwy 501
- Year built
- 1997
- Construction
- CONCRETE
- Lot size
- 7.12 lot acres
- Zone code
- HC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 383-10-03-0022
- APU
- 38310030022
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 28, 2025 | — | Premier Capital Fund L LLC | University Shoppes Holdings LLC | Warranty Deed | — |
| Feb 25, 2025 | $10,815,000 | Premier Capital Fund L LLC | University Shoppes Holdings LLC | Warranty Deed | — |
| Nov 22, 2019 | — | University Shoppes Hldgs Ll | — | Deed · related | $3.5M · Southern First Bk NA |
| Nov 20, 2019 | — | University Shoppes Hldgs Ll | — | Deed · related | $3.5M · Southern First Bk NA |
| Oct 1, 2004 | $4,700,000 | University Shoppes Holdings Ll | Kpt Properties | Warranty Deed · related | — |
| — | — | University Shoppes Hldgs Ll | — | Deed Of Trust · related | $3.5M · Southern First Bk NA |
| — | — | University Shoppes Hldgs Ll | — | Deed Of Trust · related | $3.5M · Southern First Bk NA |
Description
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
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,479,000
- AI Estimate
- $1,409,000
Market price range: $1.02M - $2.48MMarket price range: $543k - $1.41M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,530,000 Current use
- WAREHOUSE, STORAGE
- $2,430,000 Change: +59% Conversion: Difficult
- RETAIL STORES
- $2,155,000 Change: +41% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Horry
- State
- South Carolina
- Longitude
- -78.9995
- Latitude
- 33.7907
- CBSA code
- 34820
- CBSA name
- MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
