9610 Kings HwyMyrtle Beach, SC 29572

  • Land
  • 1.00 AC
For Lease
$14/SF/YR View listing

Property Details for 9610 Kings Hwy

Lot size
1.00 AC
Zone code
HC
Property type
Land
Property subtype
Commercial land
APN
394-03-02-0017
APU
39403020017

Description

The Galleria Shopping Center, a vibrant shopping center in Horry County, South Carolina, presents a compelling investment opportunity. This 168,517 square foot shopping center, built in 1987, boasts a prime location in Arcadia Shores, conveniently situated off North Kings Highway and Lake Arrowhead Road. The center is anchored by a Kroger grocery store, ensuring consistent foot traffic and a strong retail environment. Currently, there are 8 available spaces ranging in size from 400 square feet to 4,641 square feet, providing flexibility for a variety of retail and restaurant tenants. The diverse space options are ideal for junior anchors, retailers, and restaurants seeking high visibility and access to a thriving community. The Galleria Shopping Center benefits from its proximity to popular Myrtle Beach attractions, including Barefoot Landing, Tanger Outlets, Grand Dunes Club, and Dunes Golf and Beach Club, further enhancing its appeal and potential for success. A total of 48,157 square feet is currently vacant, presenting a significant opportunity for expansion and growth. This property offers a unique blend of established tenancy and significant expansion potential within a highly desirable location. The center's strategic placement and existing anchor tenant make it an attractive proposition for businesses seeking a strong foothold in the Myrtle Beach market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,758,170
    Hospitality
    $8,022,437
    Educational
    $6,674,573
    Medical
    $6,904,122
    Retail
    $10,382,669
9610 Kings Hwy, Myrtle Beach, South Carolina

Location Insight

City
Myrtle Beach
County
Horry
State
South Carolina
Latitude
33.7772
Longitude
-78.7933
CBSA code
34820
CBSA name
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,432
$40,500
-
$40,500
-
$675,000
-
$675,000

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