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115 Acres, Hwy. 501

52.36 Acre - Highway 501, Myrtle Beach, South Carolina, 29579

Property Description

The subject site contains 1083 feet of frontage on Hwy. 501 and has frontage on both sides of Postal Way. Highway 501 is the main artery into Myrtle Beach and has an estimated traffic count of 48,800 ADT. Postal Way runs through the rear of the property and connects Carolina Forest Boulevard to Gardner Lacey Road. Postal Way was developed to alleviate community traffic on Highway 501 and connect residents with the schools in the area. Zoned Highway Commercial and Limited Industrial in the jurisdiction of Horry County, this site would best be used for big box, retail and/or office development.

The location area is experiencing major residential growth. Adjacent to the subject site is the Carolina Forest community which is estimated to house over 60,000 residents at build out. In addition to Carolina Forest, there are many other existing and planned subdivisions within close proximity to the subject site. Due to strong residential demand, nearby golf courses are being converted to residential developments. Nearby employment centers include Conway Hospital, Coastal Carolina University, Horry-Georgetown Technical College and industry within the Atlantic Center for Business.

Please view my panoramic video by clicking the image link below.

Highlights

  • One of the fastest growing areas in the county
  • Frontage on Highway 501 and Postal Way
  • Carolina Forest 60,000+ residents @ Build Out
  • Located on high traffic corridor = 48,800 AADT
Basic Details
Property Type : Retail / Restaurant
Listing Type : For Sale
Listing ID : 1076
Price : $13,351,800
Price/SF : $255,000
Year Built : 0
Size : 52.36 Acre
Zoning : HC
Tax Map # : 162-00-01-153
Address Map
Country : United States
State : South Carolina
County : Horry
City : Myrtle Beach
Zipcode : 29579
Street : Highway 501
Postal Code : 29579
Floor Number : 0
Retail / Restaurant For Sale
  • Listing ID : 1076
  • Size : 52.36 Acre
$13,351,800
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