130 Sun Light DrMyrtle Beach, SC 29588

Property Details for 130 Sun Light Dr

Year built

2014

Construction

CONCRETE

Lot size

1.48 AC

Property size (Sq ft)

480 SF

Zone code

HC

Property type

Retail properties

Property subtype

Auto shops

APN

440-01-02-0052

APU

44001020052

Description

Exceptional 1.48-acre commercial land parcel in Myrtle Beach, SC, strategically located near the intersection of US 544 and SC Hwy 31 in Socastee. Boasting unparalleled visibility with a daily traffic count of 44,100 vehicles, this property offers maximum exposure. Its convenient location provides easy access to North Myrtle Beach and Murrells Inlet, both within a 20-minute drive. The land features split zoning: one acre is designated Highway Commercial (HC), while the remaining 0.48 acres is zoned Commercial Forest Agriculture (CFA), allowing for diverse commercial development opportunities. All essential utilities, including water, sewer, and electricity, are readily available. The asking price is $603,125, translating to $407,517.52 per acre. The property's APN is 440010200052, and it's owned by CDM Land LLC. This prime location and flexible zoning make this an exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $136,846

  6.5%

  $126,319

  7%

  $117,297

• Comparable approach

  Method

  Valuation

  Relative Method

  $117,568

  Geo Method

  $263,127

• Alternative Use

  Use

  Valuation

  Residential

  $106,555

  Hospitality

  $97,604

  Educational

  $81,205

  Medical

  $83,998

  Retail

  $126,319

Location Insight

City

Myrtle Beach

County

Horry

State

South Carolina

Latitude

33.6983

Longitude

-79.0122

CBSA code

34820

CBSA name

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

Property Tax & Assessments

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