3583 Hwy 17 Murrells Inlet, SC 29576-5002
- Medical offices
- 5,067 SF
- 1.30 lot acres
Current Use by Public Records
- Medical offices
Property Details for 3583 Hwy 17
- Year built
- 2013
- Construction
- WOOD
- Lot size
- 1.30 lot acres
- Property size
- 5,067 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 41-0104-043-02-00
- APU
- 4101040430200
Description
This exceptional Class A medical office building, situated on a 1.3-acre corner lot at 3583 Highway 17 in Murrells Inlet, South Carolina, presents a compelling investment opportunity. The 5,067 square foot, single-story building, constructed in 2013, boasts a prominent 270-foot frontage on Highway 17, ensuring high visibility and accessibility. Currently operating as a fully functional medical facility, the property features a spacious lobby, multiple large exam rooms, a lab, X-ray facilities, ample restrooms, a staff kitchen/rest area, and substantial storage. Additional amenities include a large, raised digital sign, paved parking lot, and a covered entrance. The property is zoned commercial and located in a thriving area near Myrtle Beach, surrounded by residential communities, commercial businesses, and hospitality establishments. A leaseback option is available for the buyer, providing a potential income stream. The building is in Flood Zone X. From 2018-2023, a portion of the clinic was leased for $9,000 per month, demonstrating strong rental potential estimated at approximately $20,000 per month NNN. Detailed lease information will be provided to qualified buyers under a Non-Disclosure Agreement. The asking price is $1,975,000, representing a compelling cap rate of 8.60% and a price per square foot of $644.44. Square footage is approximate
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murrells Inlet
- County
- Georgetown
- State
- South Carolina
- Longitude
- -79.0313
- Latitude
- 33.5699
- CBSA code
- 23860
- CBSA name
- GEORGETOWN, SC MICROPOLITAN STATISTICAL AREA