14427 Ocean HwyPawleys Island, SC 29585

  • Commercial real estate
  • 44,773 SF
For Lease
$15/SF/YR View listing

Property Details for 14427 Ocean Hwy

Year built
1984
Lot size
5.20 AC
Property size (Sq ft)
44,773 SF
Property type
Commercial real estate
APN
04-0410-009-02-00
APU
404100090200

Description

This exceptional 1,240 square foot retail space is situated on a 7-acre lot in the thriving Pawleys Island, South Carolina market. Located on Ocean Highway (Highway 17), this single-tenant property boasts excellent visibility and accessibility, benefiting from high daily traffic counts of 39,400 vehicles. The property is conveniently located just north of the intersection of Ocean Highway and Willbrook Boulevard, directly across from the popular Litchfield Beach & Golf Resort. This prime location within the Grand Strand, a renowned vacation destination attracting over 16 million visitors annually, ensures a strong customer base. Pawleys Island itself is a historic resort town attracting over 1 million visitors yearly and known for its affluent year-round residents. The property offers excellent ingress and egress via St. Paul's Place, providing convenient access for both customers and employees. While the square footage is approximate, this presents a unique opportunity for businesses seeking a prominent presence in a high-traffic, high-demand area. Buyer is responsible for verifying square footage. This is a single-tenant retail space within a larger shopping center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,002,082
    Hospitality
    $8,245,858
    Educational
    $6,860,458
    Medical
    $7,096,399
    Retail
    $10,671,823

Location Insight

City
Pawleys Island
County
Georgetown
State
South Carolina
Latitude
33.4884
Longitude
-79.0938
CBSA code
23860
CBSA name
GEORGETOWN, SC MICROPOLITAN 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
$29,030
$54,000
$53,540
$107,540
-
$900,000
$892,300
$1,792,300

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