Conway, South Carolina Commercial Real Estate 0 Listings

Conway, South Carolina: A Premier Destination for Commercial Real Estate

Introduction

Conway, South Carolina, is an emerging hub for commercial real estate (CRE) opportunities, strategically positioned in the Myrtle Beach metropolitan area. Known for its robust economy, Conway is home to diverse industry clusters, including education, healthcare, and tourism. The city's unique positioning as a gateway to the Grand Strand offers significant potential for CRE development, attracting investors and developers alike.

Economic and Industry Overview

Conway's economy is underpinned by key industries such as education, healthcare, and tourism. Coastal Carolina University is a major employer, driving demand for office and retail spaces. The healthcare sector, led by Conway Medical Center, supports the need for medical office buildings. The tourism industry, integral to the Myrtle Beach area, boosts retail and hospitality property demand. The Conway Chamber of Commerce actively promotes economic development initiatives to enhance the city's CRE landscape.

Strategic Location and Transportation Infrastructure

Conway's strategic location provides access to major highways such as U.S. Route 501 and U.S. Route 701, facilitating efficient transportation of goods and services. Proximity to Myrtle Beach International Airport enhances connectivity for business travel and logistics. The city's transportation infrastructure is supported by the South Carolina Department of Transportation, offering logistical advantages for distribution and access to a skilled labor pool.

Commercial Real Estate Inventory & Zoning

Conway features a variety of CRE submarkets, including the Central Business District (CBD) and industrial corridors along U.S. Route 501. Key asset classes in demand include industrial, retail, and office spaces, with emerging interest in medical and flex properties. Notable zoning changes and incentives for developers can be explored through the City of Conway Zoning Maps.

Major Employers and Institutions

The city's top employers include Coastal Carolina University, Conway Medical Center, and Horry County Schools. These institutions drive demand for office spaces and retail establishments. For a comprehensive list of major employers, visit the Horry County Economic Development website.

Notable Commercial Developments & Projects

Conway is home to significant development projects, such as mixed-use developments and innovation parks. The city's involvement in Opportunity Zones presents lucrative investment prospects. Details on ongoing projects and public-private partnerships can be found through the City of Conway Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are essential:

Market Data & Economic Reports

Access to public data sets, such as those from Census.gov, and local economic impact reports is crucial for informed investment decisions. Brevitas leverages AI-powered aggregation from these public sources, providing users with comprehensive market insights. Explore Brevitas-powered dashboards for Conway here.