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TBD Highway 501 - Lot 3 - Highway 501 2.07 Acres of Commercial Land Offered at $1,800,000 in Myrtle Beach, SC 29577
Investment Highlights
- Convenient access to major highways and regional transportation networks.
- Flexible site suitable for multiple commercial uses or redevelopment.
- Strong visibility and accessibility for customers and employees.
- Located near established retail, dining, and service amenities.
- Positioned in a market with stable economic fundamentals and growth potential.
Executive Summary
Property Facts
| Price | $1,800,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Total Lot Size | 2.07 AC |
| No. Lots | 1 | ||
| Zoning | HC-1 | ||
| Price | $1,800,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.07 AC |
| Zoning | HC-1 |
1 Lot Available
Lot 3
| Price | $1,800,000 | Lot Size | 2.07 AC |
| Price Per AC | $869,565.22 |
| Price | $1,800,000 |
| Price Per AC | $869,565.22 |
| Lot Size | 2.07 AC |
Description
The lots at Madison Green have frontage on Highway 501 and are just minutes away to Wal-Mart, 1/4 mile away from Highway 17 Bypass, 1/2 mile away from Robert Grissom Parkway and just 1 mile from the beach. Both lots have access to two existing driveways onto Highway 501 as well as a shared roadway going to Stockholder Avenue. This part of Highway 501 sees about 30,000 cars per day on average (more than this during peak season). The railway tracks in the front of the property are not active and are currently being converted into a bike path for pedestrian use as per the City of Myrtle Beach's comprehensive plan. The property is adjacent to Seaboard St and close to Home Depot, Costco and the Coastal Grand Mall with easy access to Carolina Forest and Kings Highway. Allocation for utilities including natural gas, electric, water, sewer and stormwater ponds is built into the price and utilities will be brought to the lot lines of each lot. All of the lots are in the Highway Commercial (HC1) zone which allows for several commercial uses including retail, restaurants, drive-throughs, and much more.
Presented by
TBD Highway 501 - Lot 3 - Highway 501
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