$393,000
SOLD OCT 9, 2020

501 Highway 501 Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood
1.3 Acres
$302,308 Price per Acre
56,628 Sq Ft Lot

Recently Sold

1% Below List Price

14 Days on Market

About This Lot

As of October 2020

Subject property is a 1.3 acre commercial parcel fronting Highway 501 in the City of Myrtle Beach. Zoned HC-1(Highway Commercial-Commercial) by the City of Myrtle Beach with a 20,800 daily traffic count. This property offers 313’ frontage and is the only unimproved lot within the City of Myrtle Beach with two-dual access ingress points on Highway 501 with a full-crossover to both east and westbound lanes of this area’s major traffic artery. Located 3 minutes from the both Ocean Boulevard tourist district and Highway 17 Bypass, and 6 minutes from the Carolina Bays Parkway, providing connectivity and allowing this site to provide service and convenience to residential and commercial populations in communities along the Grand Strand.

Last Agent to Sell the Property

Adam Cates

Tradd Commercial License #60056 Listed on: 08/19/2020

Last Buyer's Agent

Chance Leith

Beach & Forest Realty License #82745

Property Details

Property Type

  • Land

Lot Details

  • 1.3 Acre Lot
  • Rectangular Lot
  • Property is zoned HC-1

Utilities

  • Phone Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 08/21/2020
  • Estm Road Frontage: 313'
  • Previous Tax Mapnumber: 181-06-08-002
  • Estimated Lot Size: 1-2 Acres
  • Road Access: City Street
  • Utilities To Site: Electricity, Water, Sewer, Phone, Tv Cable
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 1.3

Garage/Parking

  • Type: Commercial Lot - Sale

Utilities

  • Sewer: Public
  • Water: Public

Lot Info

  • Zoning: HC-1

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $393,000 -0.5% --
08/19/2020 08/19/20 For Sale $395,000 +221.1% --
02/24/2012 02/24/12 Sold $123,000 -34.9% --
02/08/2012 02/08/12 Pending -- -- --
07/05/2011 07/05/11 For Sale $189,000 -- --
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Cates

    Seller's Agent in 2020

    Adam Cates

    Tradd Commercial

    (843) 333-4190

    7 in this area

    75 Total Sales

    Adam Cates
    Section Image
  • Chance Leith

    Buyer's Agent in 2020

    Chance Leith

    Beach & Forest Realty

    (843) 455-3374

    9 in this area

    161 Total Sales

    Chance Leith
    Section Image

  • W

    Seller's Agent in 2012

    Walt Wooddell

    Live Oak Real Estate

  • Marvin Heyd

    Buyer's Agent in 2012

    Marvin Heyd

    BHHS Myrtle Beach Real Estate

    (800) 277-7704

    3 in this area

    69 Total Sales

    Marvin Heyd
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2017527

Coastal Carolinas Association of REALTORS®
South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

501 Highway 501, Myrtle Beach, SC

This home is located at 501 Highway 501, Myrtle Beach, SC 29577 and is currently priced at $393,000. 501 Highway 501 is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. 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 Carolinas MLS.

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