3671 Highway 1008 Little River, SC 29566
This exceptional 1.34-acre commercial lot in Little River, South Carolina, presents a remarkable development opportunity. Located at 3671 Hwy 1008, this cleared site boasts 291 feet of road frontage on Highway 1008 and is conveniently situated near major thoroughfares, including Highway 9 (0.5 miles), Highway 90 (0.8 miles), Highway 17 (1.0 miles), and Highway 31 (1.4 miles). The property's strategic location offers excellent visibility and accessibility, with high traffic counts on nearby roads, including approximately 31,400 vehicles daily on Highway 9, 9,500 on Sea Mountain Highway, 33,300 on Highway 31, 16,900 on Highway 90, and 46,400 on Highway 17 (Source: SCDOT). The site is zoned for Convenience & Auto-Related Services District (RE3) in Horry County, SC, and also permits multifamily, quadraplex, and townhome development. Existing infrastructure includes a retention pond, with water and sewer readily available. Partial development plans are available upon request. The property's PIN numbers are 31310030030 (31). The asking price is $499,500, and the 2023 annual real estate taxes were $4,580. This location offers proximity to McLeod Seacoast Hospital, North Myrtle Beach High School, and several residential developments, ensuring a strong potential for success. This is an ideal investment for developers seeking a high-traffic, well-located site with diverse development possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.