1240 21St AveMyrtle Beach, SC 29577

Property Details for 1240 21St Ave

Year built

2007

Construction

CONCRETE

Property size (Sq ft)

1,884 SF

Property type

Office properties

APN

424-08-03-0004

APU

42408030004

Description

This exceptional 1,833-square-foot medical office suite, located at 1240 21st Ave N, Suite 106D, in Myrtle Beach, South Carolina, presents a fantastic opportunity. Situated within the two-story, Class B, 21st Avenue Commerce Center (built in 2007), this single-tenant space is ideally suited for a single practitioner or satellite office. The first-floor corner location offers excellent visibility and accessibility. The efficient layout includes a reception area with a check-in window and administrative space, a waiting area, restroom, three exam rooms, a checkout window, a nurse's station, two private offices, and ample supply closets. The property sits on 1.68 acres of land and is zoned MP. Its prime location on 21st Avenue North, a major business corridor, benefits from proximity to key healthcare providers, including Tidelands Health and Coastal Carolina Plastic Surgery, as well as other professional services like Merrill Lynch and Progressive Physical Therapy, all within two blocks. The convenient location is also near the intersection of 21st Avenue North and Robert Grissom Parkway, a vital traffic artery connecting Carolina Forest and Myrtle Beach's north end to the Myrtle Beach International Airport. The building is anchored by CenterWell Home Health on the second floor, attracting additional professional office users. This turnkey medical office offers immediate occupancy and a strong foundation for a thriving practice in a high-demand area. The Horry County location and Myrtle Beach submarket offer a desirable location for medical professionals.

• CAP approach

  CAP return

  Valuation

  6%

  $330,946

  6.5%

  $305,489

  7%

  $283,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $197,794

  Geo Method

  $432,453

• Alternative Use

  Use

  Valuation

  Residential

  $378,806

  Hospitality

  $346,985

  Educational

  $288,687

  Medical

  $298,616

  Retail

  $449,069

Location Insight

City

Myrtle Beach

County

Horry

State

South Carolina

Latitude

33.7104

Longitude

-78.8803

CBSA code

34820

CBSA name

MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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