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

Introduction

Loris, South Carolina, is an emerging hub for commercial real estate (CRE) that offers unique opportunities for investors and developers. With a population of approximately 2,500 residents, Loris may be small in size but is strategically positioned to leverage its economic potential. The city's economy is primarily driven by agriculture, manufacturing, and retail, offering a diverse landscape for various CRE asset classes.

Economic and Industry Overview

Loris is home to several key industries that shape its commercial real estate landscape. Agriculture remains a cornerstone, with numerous farms and agricultural businesses requiring industrial and distribution space. The city also benefits from a growing manufacturing sector, which fuels demand for industrial and office properties. Retail businesses thrive in Loris, supported by local and regional consumers, creating a robust market for retail spaces.

The city is supported by regional economic development initiatives aimed at attracting new businesses and fostering growth. The Northeastern Strategic Alliance is one such organization dedicated to economic development in the region.

Strategic Location and Transportation Infrastructure

Loris enjoys a strategic location with access to major transportation networks. The city is located near U.S. Highway 701, providing easy connectivity to larger markets. Its proximity to Myrtle Beach, just 30 miles away, enhances its appeal for logistics and distribution.

For air travel, Myrtle Beach International Airport is the closest major airport, offering both passenger and cargo services. This connectivity makes Loris an attractive location for businesses requiring efficient transportation options. South Carolina Department of Transportation provides detailed information on state-wide transportation infrastructure.

Commercial Real Estate Inventory & Zoning

Loris's commercial real estate market is segmented into several submarkets, including the central business district and industrial corridors. The city's zoning regulations are designed to support a variety of asset classes, including industrial, retail, office, and medical spaces. Recent zoning changes have introduced incentives for developers, encouraging the development of mixed-use projects.

For detailed zoning maps and parcel viewers, visit the City of Loris official website.

Major Employers and Institutions

Key employers in Loris include McLeod Health Loris, a major medical facility that drives demand for medical office space, and several manufacturing companies that require industrial properties. The presence of these employers supports a stable demand for commercial real estate in the region.

The Horry County Economic Development Department offers insights into local business directories and opportunities.

Notable Commercial Developments & Projects

Several significant developments are underway in Loris, including mixed-use projects that combine retail, office, and residential spaces. These projects are often facilitated through public-private partnerships, enhancing the city's appeal to investors.

Loris is also part of designated Opportunity Zones, offering tax incentives to investors. For more information on planning and approved site maps, consult the Horry County Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are available: - Horry County Building and Safety Department - Online Permitting Portal - Parcel Map Viewer / GIS - Planning Commission - Development Code

Market Data & Economic Reports

Public data sets, such as those available from census.gov, provide valuable insights into the economic landscape of Loris. Brevitas enhances these insights with AI-powered aggregation from public data and internal intelligence. Explore our Brevitas-powered dashboards for more detailed market analysis.

Why Use Brevitas for Loris, South Carolina CRE?

Brevitas offers a suite of AI-driven tools that transform how you engage with the Loris commercial real estate market. Our platform provides: - Auto-generated listing pages - Real-time market alerts - Smart property pages - Dealroom collaboration

With features like email and landing page tools, integration with brokers and developers, and exclusive listings, Brevitas ensures premium exposure for your properties in Loris. Discover more about our unique offerings and how they can enhance your CRE investments in Loris, South Carolina.