North Myrtle Beach, South Carolina Commercial Real Estate 0 Listings

North Myrtle Beach, South Carolina: A Premier Destination for Commercial Real Estate

Introduction

North Myrtle Beach, South Carolina, is an emerging hub for commercial real estate (CRE) investment, offering a dynamic blend of economic growth, strategic location, and diverse property opportunities. As part of the Myrtle Beach metropolitan area, North Myrtle Beach benefits from a robust tourism-driven economy, bolstered by retail and hospitality sectors. Its strategic coastal positioning makes it attractive for industries seeking logistical advantages and access to burgeoning consumer markets.

Economic and Industry Overview

North Myrtle Beach's economy is primarily driven by tourism, hospitality, and retail, which create substantial demand for retail and office spaces. The city is also witnessing growth in healthcare and real estate sectors. Key initiatives by the Myrtle Beach Regional Economic Development Corporation aim to diversify the local economy, targeting industries such as aerospace and technology.

Strategic Location and Transportation Infrastructure

North Myrtle Beach is strategically located with robust transportation infrastructure, including:

Highways: U.S. Route 17, a major north-south highway facilitating regional connectivity.
Airports: The nearby Myrtle Beach International Airport offers direct flights to major U.S. cities, enhancing business travel.
Ports: Proximity to the Port of Georgetown provides shipping advantages for industrial operations.

These elements make North Myrtle Beach ideal for distribution and access to labor pools, enhancing its appeal for CRE investment.

Commercial Real Estate Inventory & Zoning

North Myrtle Beach features a diverse CRE landscape, including:

Retail Corridors: Concentrated along U.S. Route 17 with significant foot traffic.
Industrial Zones: Emerging industrial areas in proximity to transportation hubs.
Office Spaces: Modern office buildings catering to professional services sectors.

For zoning maps and detailed parcel information, visit the City of North Myrtle Beach Planning & Development. Recent zoning adjustments and incentives, such as reduced permitting fees, aim to attract developers and investors.

Major Employers and Institutions

Key employers driving CRE demand include:

McLeod Health: A leading healthcare provider with a significant presence.
Horry County Schools: Major employer impacting office and service space demand.
Coastal Carolina University: A regional educational hub fostering innovation and research.

For a comprehensive business directory, explore the North Myrtle Beach Chamber of Commerce.

Notable Commercial Developments & Projects

Significant projects in North Myrtle Beach include mixed-use developments and retail expansions. The city is part of federally designated Opportunity Zones, encouraging investment through tax incentives. For planning details, see the North Myrtle Beach Planning Commission.

Building Permits, Planning, and Development Tools

Developers can access resources through:

Market Data & Economic Reports

North Myrtle Beach's economic data is accessible via:

Brevitas leverages AI-powered aggregation from public and proprietary insights to provide comprehensive market data. Explore our Brevitas-powered dashboards for detailed analytics.