Commercial > Other
Active
01/18/2025
List Price
$795,000
1320 Highway 501
Myrtle Beach, SC 29577
- -Bed
- -Bath
- 2,608ft²Living Area
- 1.3acLot Size
- -Pool
- -Car
- 1970Year Built
- 150DOM
- -Permit
1320 Highway 501, Myrtle Beach, SC 29577 is a 2,608 ft² property built in 1970 on a 1.300 acre lot. This property is currently listed for $795,000, and it was last sold in 2020 for $393,000.
MLS Description
The listing agent's description. Original Listing
Property Overview Location: 1320 Highway 501, Myrtle Beach, SC 29577 Size: Approximately 1.3 acres Zoning: Commercial Property Highlights Prime Commercial Lot: This 1.3-acre parcel offers a unique opportunity for commercial development in a high-traffic area. High Visibility: Situated directly on Highway 501, the property benefits from substantial daily traffic, enhancing business exposure. Development Potential: The lot's size and zoning provide flexibility for various commercial ventures. Proximity to Surrounding Highways Highway 501: Direct frontage, serving as a primary artery into Myrtle Beach. Highway 17: Approximately 1 mile southeast, connecting the Grand Strand region. Highway 31 (Carolina Bays Parkway): About 5 miles west, offering a bypass around Myrtle Beach. Highway 544: Roughly 4 miles southwest, linking to Coastal Carolina University and Conway. New Developments and Businesses in the Area. Commercial Growth: The vicinity has seen an uptick in commercial listings, such as a 9.23-acre lot at the intersection of Highway 501 and Forestbrook Road, indicating robust development activity. Retail and Services: The area hosts a variety of retail outlets, dining establishments, and service providers, catering to both locals and tourists. Proximity to Downtown Myrtle Beach Downtown Access: The property is conveniently located approximately 2 miles northwest of downtown Myrtle Beach, providing easy access to the city's core attractions and amenities. Horry County and Myrtle Beach Growth Information Population Growth: Horry County experienced a 9% population increase between 2020 and 2022, totaling a 42% rise since 2010. Horry County, South Carolina, has experienced significant population growth in recent years. Between July 1, 2022, and July 1, 2023, the county attracted over 15,000 new residents through domestic migration, ranking it 10th in the nation for that period. This influx reflects a broader trend, as the county's population has grown by approximately 57.66% since 2010, reaching an estimated 426,140 residents in 2025. Additionally, Myrtle Beach, located within Horry County, has been recognized as the fastest-growing city in the United States for 2023. Tourism Impact: In 2023, Myrtle Beach attracted 17.6 million visitors, who spent billions during their stay. In 2024 there was a 4.7% increase in revenue from the previous year. Medical Facilities in the Area Grand Strand Medical Center: A comprehensive hospital offering emergency services, surgical care, and specialty treatments, located approximately 4 miles northeast. Conway Medical Center: A full-service hospital providing a range of healthcare services, situated about 12 miles northwest. Grand Strand Regional Medical Center is located about 5 miles from the property. This property at 1320 Highway 501 presents a prime opportunity for commercial development in a rapidly growing area, with excellent access to major highways, burgeoning local developments, and a thriving tourism industry.
Listing Agents
The listing agent for 1320 Highway 501 is Liat Edri.
LE
Liat Edri
Realty ONE Group Dockside
Phone: (843) 492-4030
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$6,904.75From latest Total Assessed Value29.28%Total Assessed Value$23,580=Land+
Assessed Value$23,520Additions
Assessed Value$60
In 2024, taxes billed for 1320 Highway 501 were $6,904.75, which is 29.28% from latest Total Assessed Value of $23,580.
Property History
1320 Highway 501 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1320 Highway 501
Hazard Risks
Hurricane455Weather275Earthquake173Particulates159Carb Mono101Tornado101Wind101Nat'l Avg100Ozone97Air Pollution93Hail57Lead46
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1320 Highway 501.
Walkability Index
10 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1320 Highway 501 has a walkability score of 10 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
37°F
High
58°F
Summer
Average
Low
70°F
High
87°F
In the winter at 1320 Highway 501, temperatures range from 37.33°F to 57.89°F with an average of 47.61°F. In the summer, the temperature ranges from 70.16°F to 86.63°F with and average of 78.4°F.
School Information
Public/private schools serving 1320 Highway 501
Public Schools
Myrtle Beach High School
Grades: 9-12
2.19 mi
B-
Myrtle Beach Middle School
Grades: 6-8
2.09 mi
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1320 Highway 501 have ratings undefined, and undefined.
Neighborhood
This property is located in Myrtle Beach.
Seasonal Housing units 29577
58%of housing is for seasonal rent.
Daytime Population for 29577
+50%of people during work hours.
Crime Index for 29577
138
138
The crime index in 29577 is 138, which is 1.4 times higher than national average.
Market Trends
Historical market data near 1320 Highway 501 over selected time period.
Nearby Properties on Highway 501
- 4908 Highway 501, Myrtle Beach, SC 29579 is a 30,800 square foot and 3.01 acre property.
- 4545 Highway 501, Myrtle Beach, SC 29579 is a 6,552 square foot and 1.52 acre property.
- 4320 Highway 501, Myrtle Beach, SC 29579 is a 6,000 square foot and 1.95 acre property.
- 1752 Highway 501, Myrtle Beach, SC 29577 is a 570 square foot, 1 bedroom, 1 bathroom, 0.1 acre property. It was built in 1984 and has an estimate of $60,120 with a price per ft² of $105.
- 1012 Highway 501 # 1107, Myrtle Beach, SC 29577 is a 760 square foot, 1 bedroom, 2 bathroom, 0.02 acre property. It was built in 1985 and has an estimate of $296,080 with a price per ft² of $390.
- 814 Highway 501 # 309, Myrtle Beach, SC 29577 is a 888 square foot, 2 bedroom, 2.25 bathroom, 0.02 acre property. It was built in 1979 and has an estimate of $317,600 with a price per ft² of $358.
- 925 Highway 501, Myrtle Beach, SC 29577 is a 798 square foot, 2 bedroom, 1 bathroom, 0.08 acre property. It was built in 1979 and has an estimate of $80,422 with a price per ft² of $101.
- 4855 Highway 501, Myrtle Beach, SC 29579 is a 31,950 square foot and 7.23 acre property.
- 2002 Highway 501, Myrtle Beach, SC 29577 is a 2,257 square foot, 5 bedroom, 4 bathroom, 0.15 acre property. It was built in 1997 and has an estimate of $665,200 with a price per ft² of $295.
- 2010 Highway 501, Myrtle Beach, SC 29577 is a 2,257 square foot, 5 bedroom, 4 bathroom, 0.13 acre property. It was built in 2005 and has an estimate of $606,100 with a price per ft² of $269.
- 2018 Highway 501, Myrtle Beach, SC 29577 is a 2,257 square foot, 5 bedroom, 4 bathroom, 0.15 acre property. It was built in 1997 and has an estimate of $665,500 with a price per ft² of $295.
- 2022 Highway 501, Myrtle Beach, SC 29577 is a 2,257 square foot, 5 bedroom, 4 bathroom, 0.15 acre property. It was built in 1997 and has an estimate of $650,500 with a price per ft² of $288.
- 900 Highway 501 # 302, Myrtle Beach, SC 29577 is a 1,176 square foot, 3 bedroom, 2 bathroom, 0.39 acre property. It was built in 1981 and has an estimate of $303,871 with a price per ft² of $258.
- 4769 Highway 501, Myrtle Beach, SC 29579 is a 9,100 square foot and 1.1 acre property.
- 2008 Highway 501, Myrtle Beach, SC 29577 is a 2,257 square foot, 5 bedroom, 4 bathroom, 0.15 acre property. It was built in 1997 and has an estimate of $607,800 with a price per ft² of $269.
- 4883 Highway 501, Myrtle Beach, SC 29579 is a 4,614 square foot and 1 acre property.
- 4663 Highway 501, Myrtle Beach, SC 29579 is a 36,396 square foot and 10 acre property.
- 4805 Highway 501, Myrtle Beach, SC 29579 is a 9,782 square foot and 3 acre property.
- 1108 Highway 501 # 101, Myrtle Beach, SC 29577 is a 1,400 square foot, 3 bedroom, 3 bathroom, 0.03 acre property. It was built in 1983 and has an estimate of $641,700 with a price per ft² of $458.
- 1350 Highway 501, Myrtle Beach, SC 29577 is a 3,101 square foot and 0.38 acre property.
- 912 Highway 501, Myrtle Beach, SC 29577 is a 7,250 square foot and 0.64 acre property.
- 4340 Highway 501, Myrtle Beach, SC 29579 is a 14,921 square foot and 4.07 acre property.
- 814 Highway 501 # 106, Myrtle Beach, SC 29577 is a 888 square foot, 2 bedroom, 2.25 bathroom, 0.02 acre property. It was built in 1979 and has an estimate of $341,300 with a price per ft² of $384.
- 920 Highway 501 # 2-305, Myrtle Beach, SC 29577 is a 572 square foot, 1 bedroom, 1 bathroom, 0.39 acre property. It was built in 1984 and has an estimate of $196,400 with a price per ft² of $343.
- 720 Highway 501 # 102, Myrtle Beach, SC 29577 is a 888 square foot, 2 bedroom, 2 bathroom, 1.42 acre property. It was built in 1980 and has an estimate of $360,300 with a price per ft² of $406.
- View more properties on Highway 501