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1377 Highway 501
Myrtle Beach, SC 29577
1377 Highway 501 - Approx 0.63 Ac Lot · Land For Sale
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0.63 AC


PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Type | Land |
| Sale Condition | Build to Suit | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.63 AC |
| Zoning | HC-1 | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.63 AC |
| Zoning | HC-1 |
1 LOT AVAILABLE
Lot
| Price | $775,000 | Lot Size | 0.63 AC |
| Price Per AC | $1,230,158.73 |
| Price | $775,000 |
| Price Per AC | $1,230,158.73 |
| Lot Size | 0.63 AC |
DESCRIPTION
This 0.63-acre out-parcel is located at the intersection of Highway 501 and 3rd Avenue in the City of Myrtle Beach. The traffic light at this intersection has been approved for revision (see attached plans), with work expected to commence by the end of the year and conclude within three to four months. A master storm water system is already in place with the existing shopping center, eliminating the need for on-site retention. This presents an excellent opportunity to secure a hard corner at a newly revised SCDOT traffic light. Attached plans illustrate potential uses such as a gas station, Quick Service Restaurant (QSR), and coffee drive-thru. Should a larger site be required, we may be able to expand into the existing shopping center's parking lot to create a full 1-acre parcel. The location offers high visibility, and the City of Myrtle Beach is currently redeveloping the downtown area, which is situated just down Highway 501 toward the beach. Please refer to the attached redevelopment plan for more details. Please contact us for additional information.
PROPERTY TAXES
| Parcel Number | 42514040009 | Improvements Assessment | $0 |
| Land Assessment | $16,466 | Total Assessment | $16,466 |
