This exceptional 5.53-acre industrial property in Myrtle Beach, South Carolina, presents a lucrative investment opportunity. Located at 7481 Enterprise Rd., 29588, this site boasts 505 feet of road frontage and readily available utilities, including electricity, water, and sewer access at the roadside. Currently generating income with 20 fully rented 10x10 storage units, this property offers immediate cash flow and significant upside potential. The land's size and location provide ample room for expansion or redevelopment, catering to a variety of commercial or industrial uses. The asking price is $2,500,000. Note that the square footage is approximate and requires verification by the buyer. This is a rare chance to acquire a well-situated, income-producing property in a growing market. Don't miss this opportunity to capitalize on the strong demand for industrial space in the Myrtle Beach area. Serious inquiries only.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$443,979
Hospitality
$406,683
Educational
$338,355
Medical
$349,992
Retail
$526,330
Location Insight
City
Myrtle Beach
County
Horry
State
South Carolina
Latitude
33.6744
Longitude
-79.0384
CBSA code
34820
CBSA name
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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