North Myrtle Beach, SC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in North Myrtle Beach, South Carolina Market population: 17K. Compare commercial properties across all major...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For North Myrtle Beach SC Properties: 1.3800%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For North Myrtle Beach SC
Common questions from investors exploring commercial real estate in North Myrtle Beach SC.
What is the overall investment potential of North Myrtle Beach, SC?
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The 7.1% poverty rate and 91.4% health insurance coverage in North Myrtle Beach suggest a stable and relatively affluent market, with a strong foundation for real estate investment, further supported by a median household income of $53,159 and top industries like Accommodation & Food Services and Retail Trade.
How does the local economy impact rental demand in North Myrtle Beach?
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The top industries in North Myrtle Beach, including Accommodation & Food Services and Retail Trade, indicate a strong demand for rentals, especially considering the city's 72.2% homeownership rate and 23.4-minute average commute time, which suggests a solid infrastructure for renters and a diverse economy with a low unemployment rate of 3.7%.
What role does ethnic diversity play in the market demand for real estate in North Myrtle Beach?
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The ethnic diversity in North Myrtle Beach, with 94.2% White and 4.2% Hispanic populations, combined with a foreign-born rate of 4.4%, may contribute to a stable and growing market demand, as diverse communities often attract a wide range of businesses and industries, such as the top industries in North Myrtle Beach, including Educational Services and Health Care & Social Assistance.
How do quality of life metrics, such as commute time and health insurance coverage, impact market stability in North Myrtle Beach?
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The 23.4-minute average commute time and 91.4% health insurance coverage in North Myrtle Beach suggest a high quality of life, which can contribute to market stability and attract potential renters and buyers, especially when combined with a median property value of $283,400 and a relatively low poverty rate of 7.1%.
What are the implications of the GINI coefficient and poverty rate for real estate investors in North Myrtle Beach?
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The GINI coefficient of 0.483 and poverty rate of 7.1% in North Myrtle Beach indicate a relatively equal distribution of income and a low level of poverty, which can suggest a lower risk for real estate investors, as a more stable and affluent population is more likely to pay rents and mortgages on time, and with a median household income of $53,159, there is a potential for long-term appreciation in property values.
North Myrtle Beach SC Real Estate & City Facts
Key facts and real estate information about North Myrtle Beach SC.
What are some of the best neighborhoods to live in North Myrtle Beach?
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Some of the best neighborhoods to live in North Myrtle Beach include Barefoot Resort, Cherry Grove, Crescent Beach, Ocean Drive, Tilghman Shores, and Windy Hill Beach. Each neighborhood has its own unique character and advantages, so it's worth researching to find the one that best fits your needs and preferences.
What are some fun things to do in North Myrtle Beach?
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There are plenty of fun things to do in North Myrtle Beach, including visiting the Duplin Winery, exploring Barefoot Landing, taking a kayaking tour, and enjoying the beautiful beaches. You can also check out the North Myrtle Beach Park and Sports Complex, which offers walking trails, a lake, and an outdoor amphitheater.
What is the food scene like in North Myrtle Beach?
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The food scene in North Myrtle Beach is vibrant and diverse, with a range of restaurants serving fresh seafood, BBQ, and other local specialties. Some popular restaurants include Flying Fish, Martini, Taco Mundo Kitchen y Cantina, and Hamburger Joe's. There are also plenty of great food trucks and waterfront dining options to choose from.
What are the pros and cons of living in North Myrtle Beach?
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The pros of living in North Myrtle Beach include its beautiful beaches, outdoor recreational opportunities, and a range of amenities and attractions. However, some cons to consider include the potential for crowds and traffic during peak tourist season, as well as the need for flood insurance in some areas. Overall, North Myrtle Beach can be a great place to live for those who enjoy a coastal lifestyle and are willing to tolerate some of the challenges that come with it.
Is North Myrtle Beach a good place to live?
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Whether or not North Myrtle Beach is a good place to live depends on your individual preferences and priorities. If you enjoy a coastal lifestyle, outdoor recreation, and a range of amenities and attractions, North Myrtle Beach may be a great fit for you. However, if you're looking for a more urban or rural environment, you may want to consider other options. Ultimately, it's worth weighing the pros and cons and doing your own research to determine whether North Myrtle Beach is the right place for you.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For North Myrtle Beach SC Commercial Property: $53,159
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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