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    Property profile & analytics

    2376 Hwy 501 Conway, SC 29526-9526

    • Hotels
    • 21,776 SF
    • 1.68 lot acres
    OFF-MARKET
    Value Estimation
    $6,725,000
    Last Sale
    Dec 06, 2024
    $6,750,000
    Location Intelligence
    Property ID
    US77-1684253
    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.

    Current Use by Public Records

    • Suburban Extended Stay Hotel At the University / Hotel

    Property Details for 2376 Hwy 501

    Year built
    1984
    Construction
    CONCRETE BLOCKS
    Lot size
    1.68 lot acres
    Property size
    21,776 SF
    Zone code
    HC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    383-11-04-0017
    APU
    38311040017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,045,000
      6.5%
      $6,320,000
      7%
      $7,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,110,000
      Geo Method
      $6,370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,490,000
      Retail
      $6,460,000
      Mixed-Use
      $6,695,000
      Hospitality
      $6,545,000
      Educational
      $5,840,000
      Residential Income
      $6,335,000
      Energy
      $7,330,000
      Income-Based Land
      $6,595,000
      Food Service
      $5,395,000

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Horry
    State
    South Carolina
    Longitude
    -78.9966
    Latitude
    33.7888
    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
    $20,198
    $32,830
    $56,893
    $89,723
    -
    $731,810
    $1,723,000
    $2,454,810

    Comparable in this City

    • Value Estimation
      $6,815,000
      16,752 SF

      University Plz Dr

      HOTEL/MOTEL • 16,752 SF
      University Plz Dr, Conway, SC 29526
      View Details
    • Value Estimation by Request
      21,098 SF

      1004 Waccamaw Dr

      HOTEL/MOTEL • 21,098 SF
      1004 Waccamaw Dr, Conway, SC 29526-8519
      View Details
    • Value Estimation by Request
      19,880 SF

      1240 Pne St

      HOTEL/MOTEL • 19,880 SF
      1240 Pne St, Conway, SC 29526-3402
      View Details
    • Value Estimation
      $785,000
      18,490 SF

      Hwy 501

      HOTEL/MOTEL • 18,490 SF
      Hwy 501, Conway, SC 29526
      View Details
    • Value Estimation
      $985,000
      2,466 SF

      1262 Hwy 501st Business

      HOTEL/MOTEL • 2,466 SF
      1262 Hwy 501st Business, Conway, SC 29526-9591
      View Details
    • Value Estimation by Request
      27,564 SF

      2480 Hwy 501

      HOTEL/MOTEL • 27,564 SF
      2480 Hwy 501, Conway, SC 29526-9527
      View Details

    Similar Nearby for Sale

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      Recently renovated building in historic district with foot traffic and parking.
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      Highway 501 Commercial Land Tract

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    • $657,360
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      Two adjacent manufactured homes perfect for investment or multi-family living.
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    Similar Nearby for Lease

    • $25 SF/Yr
      5,105 SF

      Conway Medical Center Area Office Building

      Prime Medical Office, 5,105 sq ft, Conway, SC
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      View Details
    • $25,946
      32,774 SF

      Conway Industrial Facility with Cranes

      Manufacturing, warehouse, distribution facility with office space and lay-down yard.
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      View Details
    • $15 SF/Yr
      3,560 SF

      Downtown Conway Office Space Available

      Two-story office space in Conway's central business district.
      205 Beaty St, Conway, SC 29526
      View Details
    • $12,367 /Mo
      15,621 SF

      Conway Industrial Facility with Cranes

      Manufacturing, warehouse, distribution facility with lay down yard and office.
      370 Allied Dr, Conway, SC 29526
      View Details
    • $4,500 /Mo
      148,104 SF

      Commercial Lot for Lease

      Storage lot available for short-term lease in Conway, SC.
      433 Highway 544, Conway, SC 29526
      View Details
    • $6,251 /Mo
      5,246 SF

      Medical/Professional Office Near Conway Hospital

      Medical/professional office building near Conway Medical Center with customizable space.
      8028 Myrtle Trace Dr, Conway, SC 29526
      View Details
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    2376 Hwy 501
    Conway, SC 29526-9526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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