Subject property is a bank owned, fully timbered 50.11 acre tract fronting Highway 501 and Postal Way, offering 1,083 and 1,490 frontage feet respectively. Highway 501 has an estimated traffic count of 48,600 AADT, making it one of the busiest thoroughfares in Horry County. This site is zoned Highway Commercial and Light Industrial by Horry County Planning and Zoning, and would be best used for big box, retail, office and/or multi-family development. Located in Carolina Forest between Highway 501 and Postal Way, an area that is experiencing major residential growth. Carolina Forest is projecting a residential population of 60,000 residents at build-out. Nearby employment centers include Conway Medical Center, Coastal Carolina University, Horry-Georgetown Technical College and industry within the Atlantic Center for Business.
Listing Date: 07-26-2011
Sold Date: 12-06-2012
Aprox Days on Market: 
1 Year(s), 4 month(s), 9 day(s)
Listing Sold: 
13 Year(s), 7 month(s), 6 day(s) ago
Asking Price: $3,507,700
Selling Price: $1,500,000
Price Difference:
Reduced By $500,000
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Hoa Frequency: NotApplicable
Hoa: No
New Construction: No
Mobile Home Remains: ,No,
Zoning: HC & LI
Spa: No
Lease Renewal Option: ,No,
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Fireplace: No
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 50.11
Lot Size: 1083x2123x1151x1977
Land Lease: No
Lot Description: OutsideCityLimits, Rectangular, Acreage
Pool Private: No
County: Horry
Road Frontage Type: CountyRoad, Other
View: No
Road Surface Type: Concrete
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Sub Type Additional: Acreage
Property Attached: No
Rent Control: No
Basement: ,No,
Sold Date: 2012-12-06T00:00:00
Tax Legal Description: Burroughs Prop;Tract 2-A1
Electric On Property: No
Cooling: No
Heating: No
Waterfront: No
Courtesy of Tradd Commercial, Llc
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