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1900 Highway 501 - 1900 Hwy 501 - 4 Commercial Buildable Lots

1.42 - 1.46 Acre Commercial Land Lots Offered at $650,000 - $1,350,000 Per Lot in Myrtle Beach, SC 29577

Investment Highlights

  • 30,000 cars per day on Highway 501.
  • Due diligence items in hand.
  • Utilities & Stormwater included in price.
  • Two entrances on Highway 501 & entrance on Stockholder Avenue.
  • Prime location, 1/4 mile from Highway 17, 1/2 mile from Robert Grissom Parkway and 1 mile from the Beach.

Executive Summary

Greetings! We are happy to introduce to you the Madison Green subdivision at 1900 US-501 N Myrtle Beach, SC 29577. The subdivision consists of five retail lots on Highway 501 ranging in size from 1.42 to 3.51 acres each. The lots at Madison Green have frontage on Highway 501 and Stockholder Avenue 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. All 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-thrus, and much more.
Complete due diligence items are available for review upon request including Title, Engineering plans, Phase 1 Environmental, Wetlands Analysis, Boundary /Tree/Topographic Survey, and Subdivision/Utility plans.
Important Notes:
*Allocation amount for installation of utilities and stormwater ponds has been determined. Inquire for details.
**See survey for accurate lot dimensions
***Build-to-suite available
Call Chris Hollis at 603-918-3832 or email manager@843storage.com for more information.

Property Facts

Price $650,000 - $2,000,000
Sale Type Owner User
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Auto Dealership
  • Auto Repair
  • Bank
  • Carwash
  • Department Store
  • Drugstore
  • Fast Food
  • Food Processing
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Industrial Park
  • Office Park
  • Parking Lot
  • Restaurant
  • Retail Warehouse
  • Service Station
  • Veterinarian or Kennel
  • Warehouse
Total Lot Size 10.00 AC
Opportunity Zone Yes

2 Lots Available

Lot 5

Price $650,000
Price Per AC $457,746
Lot Size 1.42 AC

Lot 5 in the Madison Green subdivision is a 1.42 acre lot with 256ft of frontage on Stockholder Avenue. It is zoned Highway Commercial 1 (HC1) which allows multiple commercial uses including warehouse storage. Pricing includes utilities.

Lot 2

Price $1,350,000
Price Per AC $924,658
Lot Size 1.46 AC

Lot 2 in the Madison Green subdivision is a 1.46 acre lot with 227ft of prime frontage on Highway 501. It is zoned Highway Commercial 1 (HC1) which allows multiple commercial uses including several retail uses. Pricing includes utilities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42510040011
Land Assessment
$37,994 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$37,994 (2023)

zoning

Zoning Code HC1 (Highway Commercial 1 (HC1) allows for multiple commercial uses including retail, restaurants, drive-thrus, warehouse storage, and much more.)
HC1 (Highway Commercial 1 (HC1) allows for multiple commercial uses including retail, restaurants, drive-thrus, warehouse storage, and much more.)
  • Listing ID: 29995538

  • Date on Market: 11/8/2023

  • Last Updated:

  • Address: 1900 Highway 501, Myrtle Beach, SC 29577

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