4953 Socastee BlvdMyrtle Beach, SC 29588

Property Details for 4953 Socastee Blvd

Lot size

1.67 AC

Property size (Sq ft)

23,500 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

Socastee Plaza, a prime retail investment opportunity in Myrtle Beach, South Carolina, is now available for purchase at $3,699,999. This stabilized, 100% occupied shopping center boasts 23,500 square feet of leasable space across 15 units within a single building situated on a 1.67-acre lot. The property features a desirable net lease structure and generates a strong net operating income (NOI) of $273,662, representing a 7.40% cap rate. The price per square foot is $157.45. Located at 4953 Socastee Blvd, in Horry County (zip code 29588), this commercial property enjoys high visibility with over 330 feet of frontage on Hwy 707, experiencing an average daily traffic count of 22,200 vehicles. Its strategic location directly across from Socastee High School further enhances its appeal. The property includes a 4,500 square foot warehouse attached to the main 19,000 square foot heated retail space. This presents a compelling opportunity for investors seeking a stable, high-performing asset in a thriving retail corridor, or for developers interested in capitalizing on the property's redevelopment potential. The property's APN is 44011010003 and is zoned for commercial use.

Location Insight

City

Myrtle Beach

County

Horry

State

South Carolina

Latitude

33.6826

Longitude

-78.9975

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].