Murrells Inlet, South Carolina Commercial Real Estate 1 Listing

Murrells Inlet, South Carolina: A Premier Destination for Commercial Real Estate

Introduction

Murrells Inlet, South Carolina, is an emerging location for commercial real estate (CRE) investments, offering a unique blend of coastal charm and economic potential. Known for its picturesque landscapes and vibrant community, Murrells Inlet has seen a growth in its economy, driven by tourism, healthcare, and retail sectors. This coastal town is strategically positioned to attract businesses and investors looking for opportunities in CRE, leveraging its expanding infrastructure and proximity to major markets.

Economic and Industry Overview

Murrells Inlet's economy is primarily supported by tourism, healthcare, and retail industries. The town's proximity to Myrtle Beach enhances its appeal for businesses seeking to capitalize on the steady influx of tourists. The healthcare industry is bolstered by facilities such as Tidelands Health, creating demand for medical office spaces. Retail is another major driver, with shopping centers and local businesses thriving in the area. Regional initiatives, such as the South Carolina Department of Commerce’s efforts to boost economic development, provide additional support for these industries.

Strategic Location and Transportation Infrastructure

Murrells Inlet benefits from its strategic location along the South Carolina coast. The town is accessible via U.S. Route 17, which connects it to major cities such as Charleston and Wilmington. The proximity to Myrtle Beach International Airport and the Port of Georgetown offers significant logistical advantages for distribution and access to broader markets. These transportation networks support the efficient movement of goods and provide easy access to a skilled labor pool from surrounding areas.

Commercial Real Estate Inventory & Zoning

Murrells Inlet features a diverse range of CRE submarkets, including retail corridors along U.S. Route 17 and medical office spaces near healthcare facilities. The town's zoning regulations accommodate various asset classes such as industrial, retail, and office spaces. Recent zoning changes have introduced incentives for mixed-use developments, fostering a more dynamic business environment.

Murrells Inlet Zoning Maps

Major Employers and Institutions

Key employers in Murrells Inlet include Tidelands Health, various retail establishments, and local government offices. These institutions not only provide employment but also drive demand for commercial properties. The presence of educational institutions like Coastal Carolina University in nearby Conway further enriches the local talent pool.

Horry County Economic Development

Notable Commercial Developments & Projects

Murrells Inlet is home to several significant commercial developments, including mixed-use projects that integrate retail, office, and residential spaces. The town is part of Opportunity Zones, providing tax incentives for investors looking to develop economically distressed areas. Public-private partnerships are also playing a critical role in revitalizing key areas of the town.

South Carolina Opportunity Zones

Building Permits, Planning, and Development Tools

For developers and investors, Murrells Inlet offers a range of tools to facilitate the development process:

Market Data & Economic Reports

Investors can access a wealth of public data to support their CRE decisions in Murrells Inlet. The U.S. Census Bureau and local economic development reports provide insights into demographic and economic trends. Brevitas utilizes AI-powered aggregation from these public data sources and internal insights to offer comprehensive market analytics.

Why Use Brevitas for Murrells Inlet, South Carolina CRE?

Brevitas provides an advanced, AI-driven platform for CRE discovery in Murrells Inlet. Our tools offer real-time market alerts, smart property pages, and seamless dealroom collaboration. Unique features include: