2907 4Th Ave Conway, SC 29527
- Flex space
- 5,568 SF
- 3.58 lot acres
Current Use by Public Records
- Flex space
Property Details for 2907 4Th Ave
- Year built
- 1946
- Construction
- METAL FRAME
- Lot size
- 3.58 lot acres
- Property size
- 5,568 SF
- Property type
- Flex space
- APN
- 368-09-02-0039
- APU
- 36809020039
Description
This exceptional 3.58-acre commercial land parcel presents a prime development opportunity in Conway, South Carolina. Strategically located at the highly visible northeast corner of US-Highway 701 and Creel Street, this property boasts an enviable position with excellent access and visibility. The site is zoned GC (General Commercial), allowing for a wide range of commercial uses. Utilities are readily available, with water and sewer access already in place. The land is cleared and ready for immediate development, saving time and resources. With approximately 16,600 vehicles passing daily on US-701, this location offers unparalleled exposure to a substantial customer base. Furthermore, its proximity to downtown Conway and Coastal Carolina University adds to its appeal, providing access to a diverse population. The property's APN is 36809020039.0. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial site in a thriving South Carolina market. The asking price is $750,000, translating to approximately $209,497.21 per acre. This represents a significant investment potential in a high-growth area. The address is 2907 4th Ave, Conway, SC 29527.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $480,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $430,000
- 6.5%
- $410,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $405,000
- Retail
- $435,000
- Mixed-Use
- $370,000
- Hospitality
- $450,000
- Educational
- $350,000
- Residential Income
- $445,000
- Energy
- $350,000
- Income-Based Land
- $405,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Horry
- State
- South Carolina
- Longitude
- -79.0737
- Latitude
- 33.823
- CBSA code
- 34820
- CBSA name
- MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA