Pawleys Island, South Carolina: A Premier Destination for Commercial Real Estate

Pawleys Island, South Carolina, is a burgeoning hub for commercial real estate (CRE), known for its strategic location and diverse economic landscape. This coastal city is part of the Myrtle Beach metropolitan area and is renowned for its robust economy driven by tourism, healthcare, and retail industries. Pawleys Island offers a unique opportunity for investors and developers seeking prime locations in a market rich with potential.

Economic and Industry Overview

Pawleys Island's economy is primarily supported by tourism, retail, and healthcare. The city's proximity to major tourist attractions makes it an attractive destination for retail and hospitality investments. Additionally, the healthcare sector is expanding, with a demand for medical office spaces and facilities. Regional economic development initiatives, such as those led by the Georgetown County Economic Development, focus on fostering growth in these key industries, driving demand for various commercial property types.

Strategic Location and Transportation Infrastructure

Pawleys Island boasts excellent transportation infrastructure, providing connectivity and logistical advantages:

• Highways: The city is accessible via U.S. Route 17, offering seamless travel north to Myrtle Beach and south to Charleston.
• Airports: The Myrtle Beach International Airport, located approximately 25 miles north, connects the area with major domestic destinations.
• Ports: The proximity to the Port of Charleston, a major east coast shipping hub, enhances distribution capabilities for industries reliant on import and export.

For detailed transportation routes, visit the South Carolina Department of Transportation.

Commercial Real Estate Inventory & Zoning

The Pawleys Island CRE market is diverse, featuring several submarkets and asset classes:

• Submarkets: The city includes bustling retail corridors and growing healthcare districts.
• Asset Classes: Key property types include retail, healthcare, office, and mixed-use developments.
• Zoning: Recent zoning changes aim to encourage mixed-use developments, providing incentives for developers. Explore the Georgetown County Zoning Maps for more information.

Major Employers and Institutions

Key employers in Pawleys Island include:

• Healthcare: Tidelands Health is a major healthcare provider, driving demand for medical office spaces.
• Retail: The Hammock Shops Village and other retail centers are significant employers.
• Education: Nearby Coastal Carolina University and Horry-Georgetown Technical College contribute to a skilled workforce.

For more details, refer to the Georgetown County Business Directory.

Notable Commercial Developments & Projects

Significant developments in Pawleys Island include:

• Mixed-Use Projects: New projects are integrating retail, office, and residential spaces in line with modern urban planning.
• Opportunity Zones: Designated areas within Pawleys Island offer tax incentives for development. For project details, visit the South Carolina Opportunity Zones.

Building Permits, Planning, and Development Tools

For development resources in Pawleys Island:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

Access public data sets and reports for Pawleys Island:

• U.S. Census Bureau
• City's Open Data Portal
• Economic impact reports highlight trends and forecasts. Brevitas leverages AI-powered aggregation from public data and internal insights to provide comprehensive market analysis. Explore our Brevitas-powered dashboards for detailed insights.

Why Use Brevitas for Pawleys Island, South Carolina CRE?

Brevitas offers a suite of tools to enhance your CRE experience in Pawleys Island:

• AI-driven CRE Discovery: Advanced search capabilities tailored to your needs.
• Real-Time Market Alerts: Stay informed with the latest market dynamics.
• Smart Property Pages: Access comprehensive property details effortlessly.
• Dealroom Collaboration: Collaborate with stakeholders seamlessly.

Unique features include:

• Auto-Generated Listing Pages: Create professional listings with ease.
• Email and Landing Page Tools: Reach your audience effectively.
• Integration with Brokers and Developers: Streamline your CRE transactions.
• Exclusive Listings and Premium Exposure: Gain visibility in a competitive market.

Pawleys Island, South Carolina, is a dynamic location for commercial real estate investment, and Brevitas is your ideal partner to navigate this promising market.