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    Property profile & analytics

    2997 Hwy 501 Conway, SC 29526-9514

    • Drive through restaurants
    • 1,230 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 18, 2021
    $450,000
    Location Intelligence
    Property ID
    US77-1710180
    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

    • Drive through restaurants

    Property Details for 2997 Hwy 501

    Year built
    1992
    Construction
    CONCRETE
    Lot size
    0.60 lot acres
    Property size
    1,230 SF
    Zone code
    LI
    Property type
    Drive through restaurants
    APN
    400-04-03-0003
    APU
    40004030003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Horry
    State
    South Carolina
    Longitude
    -78.9827
    Latitude
    33.7761
    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
    $5,903
    $11,722
    $7,587
    $19,309
    -
    $261,360
    $179,200
    $440,560

    Comparable in this City

    • Value Estimation
      $13,660,000
      2,562 SF

      1616 Church St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,562 SF
      1616 Church St, Conway, SC 29526-2958
      View Details
    • Value Estimation
      $535,000
      3,725 SF

      1766 Hwy 544

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,725 SF
      1766 Hwy 544, Conway, SC 29526-8454
      View Details
    • Value Estimation
      $540,000
      2,701 SF

      1623 Church St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,701 SF
      1623 Church St, Conway, SC 29526-2959
      View Details
    • Value Estimation
      $2,705,000
      3,296 SF

      1402 Church St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,296 SF
      1402 Church St, Conway, SC 29526-4104
      View Details
    • Value Estimation
      $480,000
      1,438 SF

      140 University Plz Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,438 SF
      140 University Plz Dr, Conway, SC 29526-8977
      View Details
    • Value Estimation by Request
      4,664 SF

      1622 Church St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,664 SF
      1622 Church St, Conway, SC 29526-2958
      View Details

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    • Contact for pricing
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      Retail Building Near Walmart

      Retail building for sale near Walmart Supercenter.
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    Similar Nearby for Lease

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      1,824 SF

      Conway Retail Space for Lease

      High-traffic Conway retail space near CCU
      201 Graduate Rd, Conway, SC 29526
      View Details
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      View Details
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      Versatile Commercial Property in Conway

      Commercial property suitable for entertainment, event space, fitness, or retail.
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    • $2,500 /Mo
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      Retail Space in High-Traffic Area

      Ready-to-use retail space suitable for various commercial purposes.
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    • New
      $3,338 /Mo
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      Downtown Conway Office/Retail Opportunity

      Prime commercial space in Conway's Historic Downtown District.
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      Conway Medical Center Area Office Building

      Prime Medical Office, 5,105 sq ft, Conway, SC
      834 Farrar Dr, Conway, SC 29526
      View Details
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    2997 Hwy 501
    Conway, SC 29526-9514
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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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