3800 Houndsfield Ave Myrtle Beach, SC 29577-5792
This exceptional 1.4-acre commercial lot, located at 3800 Houndsfield Ave in Myrtle Beach, South Carolina, presents a unique investment opportunity. Zoned MU-M, this property boasts significant road frontage on 38th Avenue North, offering unparalleled visibility within the Oleander Business Park. The lot's dimensions are approximately 260x200x286x195 feet, with an estimated 200 feet of road frontage. All underground utilities are already in place, making this site ready for immediate development. The asking price is $1,095,000, translating to $561,357.14 per acre. This prime location is surrounded by established residential communities, prominent businesses, banks, and professional office buildings, ensuring high traffic and visibility. Its proximity to Myrtle Beach School District and a mere three blocks from the ocean further enhances its appeal. Convenience is paramount, with shopping, banking, medical, and pharmaceutical services all within walking distance. The property's APN is 42014040023. While all measurements are approximate and should be independently verified by the buyer, this lot represents a rare chance to acquire a fully serviced, highly visible commercial property in a thriving coastal location. Don't miss this opportunity to build your dream commercial venture in a highly desirable area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.