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Property profile & analytics
OFF-MARKET Estimated value $715,000
Commercial land

3800 Houndsfield Ave Myrtle Beach, SC 29577-5792

1.4 ac lot
Entity Owned Free & Clear
Property ID
US77-2339444
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.4 ac (60,984 SF)
APN 420-14-04-0023
UPID US77-2339444
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$715k
Owner & transaction history
Oleander Executive Center LLC
Oleander Executive Center LLC
since 2025
Last sale
$715,000
5 recorded transactions
2025
$715,000
2023
Price N/A
2023
Price N/A
2021
$550,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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