Commercial > Hospitality
Active
01/01/2025
List Price
$3,500,000$343/ft²
5301 Kings Hwy
Myrtle Beach, SC 29575
- -Bed
- -Bath
- 10,200ft²Living Area
- 0.9acLot Size
- -Pool
- -Car
- 1983Year Built
- 169DOM
- -Permit
5301 Kings Hwy, Myrtle Beach, SC 29575 is a 10,200 ft² commercial hospitality property property built in 1983 on a 0.900 acre lot. This commercial hospitality property is currently on the market for $3,500,000, and it was last sold in 2013 for $630,000.
MLS Description
The listing agent's description. Original Listing
This is a fantastic opportunity for an investor looking for a stable, income-generating property. The seller is offering a lease-back agreement, allowing the current restaurant business to continue operating on the premises, providing immediate and reliable rental income. Please note that the sale is exclusively for the land and building, not the restaurant business itself. This means you can acquire a valuable property in a prime location with a built-in tenant already in place, making it an excellent low-risk investment. Don't miss out on this unique chance to own a property that offers both security and long-term potential!
Listing Agents
The listing agent for 5301 Kings Hwy is Eva Rigney.
ER
Eva Rigney
The MB Real Estate Store LLC
Phone: (843) 455-6616
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$12,809.39From latest Total Assessed Value23.98%Total Assessed Value$53,410=Land+
Assessed Value$32,932Additions
Assessed Value$20,478
In 2024, taxes billed for 5301 Kings Hwy were $12,809.39, which is 23.98% from latest Total Assessed Value of $53,410.
Property History
5301 Kings Hwy has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 5301 Kings Hwy
Hazard Risks
Hurricane453Weather270Earthquake191Particulates160Wind130Carb Mono107Nat'l Avg100Air Pollution100Ozone98Tornado82Hail65Lead45
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 5301 Kings Hwy.
Walkability Index
10 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5301 Kings Hwy 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
59°F
Summer
Average
Low
70°F
High
87°F
In the winter at 5301 Kings Hwy, temperatures range from 37.38°F to 58.53°F with an average of 47.96°F. In the summer, the temperature ranges from 69.88°F to 87.32°F with and average of 78.6°F.
School Information
Public/private schools serving 5301 Kings Hwy
Public Schools
Socastee High School
Grades: 9-12
4.15 mi
B
Lakewood Elementary School
Grades: PK-5
0.69 mi
Forestbrook Middle School
Grades: 6-8
5.72 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 5301 Kings Hwy have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in 29575.
Seasonal Housing units 29575
76%of housing is for seasonal rent.
Daytime Population for 29575
+2%of people during work hours.
Crime Index for 29575
103
103
The crime index in 29575 is 103, which is 1.0 times higher than national average.
Market Trends
Historical market data near 5301 Kings Hwy over selected time period.
Nearby Properties on Kings Hwy
- 6001 S Kings Hwy, Myrtle Beach, SC 29575 is a 1,428 square foot, 3 bedroom, 2 bathroom, 0.05 acre property. It was built in 1995 and has an estimate of $630,000 with a price per ft² of $441.
- 6001 S Kings Hwy #Unit 21, Myrtle Beach, SC 29575 is a 1,600 square foot, 5 bedroom, 3 bathroom, 0.03 acre property. It was built in 2004 and has an estimate of $413,957 with a price per ft² of $259.
- 6001 S Kings Hwy #Unit 73, Myrtle Beach, SC 29575 is a 1,428 square foot, 3 bedroom, 2 bathroom, 0.06 acre property. It was built in 1993 and has an estimate of $436,010 with a price per ft² of $305.
- 6001 S Kings Hwy, Myrtle Beach, SC 29575 (Ocean Lakes) is a 468 square foot, 1 bedroom, 1 bathroom, 0.04 acre property.
- 6001 S Kings Hwy #Unit 106, Myrtle Beach, SC 29575 (Ocean Lakes) is a 795 square foot, 3 bedroom, 2 bathroom, 0.04 acre property. It was built in 2006 and has an estimate of $270,293 with a price per ft² of $340.
- 6001 S Kings Hwy #Unit 191, Myrtle Beach, SC 29575 (Ocean Lakes) is a 591 square foot, 2 bedroom, 2 bathroom, 0.04 acre property. It was built in 2000 and has an estimate of $144,256 with a price per ft² of $244.
- 6001 S Kings Hwy #Unit 39, Myrtle Beach, SC 29575 (Ocean Lakes) is a 827 square foot, 3 bedroom, 2 bathroom, 0.04 acre property. It was built in 2006 and has an estimate of $310,281 with a price per ft² of $375.
- 6001 S Kings Hwy, Myrtle Beach, SC 29575 (Ocean Lakes) is a 674 square foot, 2 bedroom, 2.25 bathroom, 0.04 acre property. It was built in 1996 and has an estimate of $180,100 with a price per ft² of $267.
- 6001 S Kings Hwy #Unit 84, Myrtle Beach, SC 29575 (Ocean Lakes) is a 808 square foot, 3 bedroom, 2 bathroom, 0.04 acre property. It was built in 2004 and has an estimate of $268,317 with a price per ft² of $332.
- 6001 S Kings Hwy #Unit 1707, Myrtle Beach, SC 29575 (Ocean Lakes) is a 798 square foot, 2 bedroom, 2.25 bathroom, 0.03 acre property. It was built in 2000 and has an estimate of $164,542 with a price per ft² of $206.
- 6001 S Kings Hwy #Unit 1711, Myrtle Beach, SC 29575 (Ocean Lakes) is a 729 square foot, 2 bedroom, 2.25 bathroom, 0.04 acre property. It was built in 1990 and has an estimate of $165,000 with a price per ft² of $226.
- 6001 S Kings Hwy # 1718, Myrtle Beach, SC 29575 (Ocean Lakes) is a 1,622 square foot, 5 bedroom, 4 bathroom, 0.04 acre property. It was built in 2004 and has an estimate of $462,300 with a price per ft² of $285.
- 6001 S Kings Hwy #Unit 1737, Myrtle Beach, SC 29575 (Ocean Lakes) is a 816 square foot, 3 bedroom, 2 bathroom, 0.04 acre property. It was built in 2009 and has an estimate of $373,490 with a price per ft² of $458.
- 6001 S Kings Hwy #Unit 178, Myrtle Beach, SC 29575 (Ocean Lakes) is a 852 square foot, 3 bedroom, 2 bathroom, 0.05 acre property. It was built in 2005 and has an estimate of $337,221 with a price per ft² of $396.
- 6001 S Kings Hwy # 1810, Myrtle Beach, SC 29575 (Ocean Lakes) is a 903 square foot, 2 bedroom, 2 bathroom, 0.05 acre property. It was built in 2008 and has an estimate of $369,000 with a price per ft² of $409.
- 6001 S Kings Hwy #Unit 116, Myrtle Beach, SC 29575 (Ocean Lakes) is a 348 square foot, 1 bedroom, 1 bathroom, 0.04 acre property.
- 6001 S Kings Hwy #Unit 315, Myrtle Beach, SC 29575 (Ocean Lakes) is a 1,696 square foot, 4 bedroom, 3 bathroom, 0.19 acre property. It was built in 2010 and has an estimate of $707,310 with a price per ft² of $417.
- 6001 S Kings Hwy #Unit 1, Myrtle Beach, SC 29575 (Ocean Lakes) is a 1,566 square foot, 4 bedroom, 3 bathroom, 0.06 acre property. It was built in 2006 and has an estimate of $627,628 with a price per ft² of $401.
- 6001 S Kings Hwy, Myrtle Beach, SC 29575 (Ocean Lakes) is a 827 square foot, 3 bedroom, 2 bathroom, 0.15 acre property. It was built in 2017 and has an estimate of $425,100 with a price per ft² of $514.
- 6001 S Kings Hwy, Myrtle Beach, SC 29575 (Ocean Lakes) is a 1,710 square foot, 3 bedroom, 2 bathroom, 0.05 acre property. It was built in 2017 and has an estimate of $619,600 with a price per ft² of $362.
- 6001 S Kings Hwy #Unit 104, Myrtle Beach, SC 29575 (Ocean Lakes) is a 0.13 acre property.
- 6001 S Kings Hwy, Myrtle Beach, SC 29575 (Ocean Lakes) is a 1,600 square foot, 4 bedroom, 3 bathroom, 0.12 acre property. It was built in 2016 and has an estimate of $466,700 with a price per ft² of $292.
- 6001 S Kings Hwy # Mh-89a, Myrtle Beach, SC 29575 (Ocean Lakes) is a 1,596 square foot, 4 bedroom, 3 bathroom, 0.07 acre property. It was built in 2006 and has an estimate of $546,600 with a price per ft² of $342.
- 6001 S Kings Hwy #Unit 158, Myrtle Beach, SC 29575 (Ocean Lakes) is a 1,688 square foot, 3 bedroom, 2 bathroom, 0.12 acre property. It was built in 2009 and has an estimate of $517,950 with a price per ft² of $307.
- 6001 S Kings Hwy #Unit 22, Myrtle Beach, SC 29575 (Ocean Lakes) is a 0.13 acre property.
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