$3,600,000

Tbd Carolina Forest Blvd.

Myrtle Beach SC, 29579

Description

The Mill Commercial Tract is a 6 acre tract located at the Carolina Forest entrance to The Mill, a 46 acre mixed-use development located at the intersection of Carolina Forest Boulevard and River Oaks Drive, the most prized commercial development tract in Horry County. Ground will be broken behind this tract in Summer 2021 for a 66,400 square foot retail center anchored by a top-of-class grocer with up to 16 in-line tenants and a 288 unit high-end multifamily development. Carolina Forest is the fastest growing zip code in the 2nd fastest growing community in the United States since 2017 with an annual growth rate of 4.17%. Encompassing a 25 square mile area with an existing population in excess of 35,000 residents, this area has benefited from the widening of Carolina Forest Boulevard that is set to be finished Q1 2021. International Drive, the western leg of a connector road between Conway and Myrtle Beach International Airport, is located 1 mile west and was developed as a 4 lane limited-access thoroughfare to accommodate the high traffic driven by Carolina Forest. Forecast for substantive growth in the near future, over 2,300 additional residential units are under contract and to be developed within 1 mile of The Mill by Q2 2024.

Details

MLS#2025953
Listing TypeFor Sale
StyleIQWeb_Land -Industrial
Sub-TypeResale
Status1_0
Year0
Days On Site80

Features

Story(s)1

Market Activity 29579

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Area Information
StateSC
CountyHorry
CityMyrtle Beach
Zip Code29579
Area10B Myrtle Beach Area--Carolina
Listing VS Median (in 29579)
Price:
$3,600,000
low | high
Med:
$260,175
100% of Average
On Site:
80
low | high
Med:
139
57.553956834532% of Average
Listing Updated: February 28, 2021 8:04:37 PM PST
Adam Cates LogoMLS Number: 2025953
Listing Provided By:
Adam Cates  of  Tradd Commercial LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolina Association of Realtors.