1616 Highway 17North Myrtle Beach, SC 29582

Property Details for 1616 Highway 17

Year built

1953

Construction

CONCRETE

Lot size

0.30 AC

Property size (Sq ft)

2,653 SF

Zone code

HC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

357-10-03-0008

APU

35710030008

Description

This exceptional commercial property, known as the Cowboy Trading Post, presents a prime investment opportunity at 1616 Hwy 17 S in North Myrtle Beach, South Carolina, 29582. Boasting a substantial 3,964 square feet, this mixed-use space is zoned for commercial use and offers incredible versatility. Currently configured as four separate units, the property can easily be utilized as a single large space or maintained as individual units, catering to a variety of business needs. Its location on the busy Highway 17 S ensures high visibility and significant foot traffic, making it ideal for retail, office, or restaurant ventures. The property includes ample parking, a significant advantage in a high-traffic area. The asking price is $999,999. The property's APN is 35710030008, 35710030007. This location in the heart of North Myrtle Beach offers unparalleled access to a thriving community and a strong tourist base, promising excellent return on investment. The flexible layout and prime location make this a truly unique opportunity for savvy investors seeking a high-impact commercial property in a desirable South Carolina coastal location. Don't miss this chance to secure a foothold in one of North Myrtle Beach's most sought-after commercial corridors.

• CAP approach

  CAP return

  Valuation

  6%

  $685,014

  6.5%

  $632,320

  7%

  $587,154

• Comparable approach

  Method

  Valuation

  Relative Method

  $701,923

  Geo Method

  $1,534,604

• Alternative Use

  Use

  Valuation

  Residential

  $533,386

  Hospitality

  $488,578

  Educational

  $406,492

  Medical

  $420,471

  Retail

  $632,320

Location Insight

City

North Myrtle Beach

County

Horry

State

South Carolina

Latitude

33.813

Longitude

-78.703

CBSA code

34820

CBSA name

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

Property Tax & Assessments

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