3307 Sam W Ave Conway, SC 29527
- Retail space
- 1,394 SF
- 1.00 lot acres
Current Use by Public Records
- Retail space
Property Details for 3307 Sam W Ave
- Year built
- 1984
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.00 lot acres
- Property size
- 1,394 SF
- Zone code
- RZ
- Property type
- Retail space
- APN
- 369-06-01-0003
- APU
- 36906010003
Description
This exceptional Conway, SC commercial property presents a unique investment opportunity. Situated on a spacious 0.93-acre lot at 3307 Sam W Ave., this nearly 2,200 square foot building offers significant potential for a variety of uses. Its convenient location off Hemingway Chapel Road provides excellent visibility and accessibility. The property is zoned CFA, allowing for a wide range of commercial ventures, including but not limited to: churches, repair shops, salons, schools, offices, or event spaces. Recent upgrades include brand new flooring, ADA-compliant bathrooms, fresh interior and exterior paint, and a new roof installed in 2024. Four culverts are already in place to facilitate ample parking. The building's layout features a large central room, adaptable to various needs, plus two additional spaces that can be incorporated into the main area or used as separate offices. Four restrooms provide convenient amenities. The property's landscaping combines semi-cleared areas with mature woods, offering a blend of functionality and natural appeal. Four driveways ensure convenient access and plentiful parking for customers or clients. This property is ready for immediate occupancy and offers a strong return on investment for the discerning buyer. While all information is believed to be accurate, buyers are advised to conduct their own due diligence.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $265,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $310,000
- Mixed-Use
- $285,000
- Hospitality
- $240,000
- Educational
- $240,000
- Residential Income
- $310,000
- Energy
- $260,000
- Income-Based Land
- $240,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Horry
- State
- South Carolina
- Longitude
- -79.0934
- Latitude
- 33.8275
- CBSA code
- 34820
- CBSA name
- MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA