TBD Carolina Forest Blvd., Myrtle Beach, SC 29579

$3,600,000
List Price
$3,600,000
Days on Market
184
MLS#
2025953
Property Type
Land
Lot Size
261,360
Region
10B Myrtle Beach Area--Carolina
Status
ACTIVE

Property 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.

Additional Information

Lot Location
Outside City Limits
Zoning
RE-3
Listing Courtesy Of
Tradd Commercial, LLC , Adam Cates
County
Horry
Neighborhood
Not within a Subdivision
Subtype
Commercial Lot - Sale
Acres
6

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Tradd Commercial, LLC , Adam Cates.

Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2021 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.