6009 Kings HwyMyrtle Beach, SC 29577

Property Details for 6009 Kings Hwy

Year built

1971

Construction

CONCRETE

Lot size

0.39 AC

Property size (Sq ft)

3,109 SF

Zone code

AC2

Property type

Office buildings

APN

421-11-01-0025

APU

42111010025

Description

This exceptional executive office building, located at 6009 N Kings Hwy in Myrtle Beach, South Carolina, presents a compelling investment opportunity. Boasting 3,109 square feet on a 0.39-acre corner lot, this single-story, 1971-constructed building is in excellent condition following recent renovations. Its prime location at the intersection of N. Kings Hwy and 61st Ave. N. offers high visibility and convenient access. The well-designed interior includes a welcoming lobby, a spacious conference room ideal for client meetings or internal collaborations, three bathrooms for employee convenience, and two storage areas for efficient organization. A fully equipped kitchen/break area provides a comfortable space for staff. Multiple private offices cater to individual needs and enhance productivity. A dedicated mechanical room ensures smooth building operations. Ample parking is available on the property, addressing the parking needs of both employees and clients. Currently occupied by an engineering firm interested in extending their lease, this property offers immediate income potential and long-term stability. The asking price is $950,000. This is a rare opportunity to acquire a well-maintained, high-quality office building in a desirable Myrtle Beach location. The property's features and location make it an attractive investment for both individual and corporate buyers. The zip code is 29577, and the property is situated in Horry County.

• CAP approach

  CAP return

  Valuation

  6%

  $546,118

  6.5%

  $504,109

  7%

  $468,101

• Comparable approach

  Method

  Valuation

  Relative Method

  $326,407

  Geo Method

  $713,640

• Alternative Use

  Use

  Valuation

  Residential

  $625,095

  Hospitality

  $572,584

  Educational

  $476,383

  Medical

  $492,767

  Retail

  $741,040

Location Insight

City

Myrtle Beach

County

Horry

State

South Carolina

Latitude

33.7354

Longitude

-78.8331

CBSA code

34820

CBSA name

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

Property Tax & Assessments

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