4580 W Highway 501
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19 photos

$3,000,000

4580 W Highway 501
Conway, SC 29526
Listed by TMS Property Management & Real
Bedrooms
N/A
Bathrooms
N/A
Living area
3,104 sqft
Year built
N/A

About this home

Rare opportunity to acquire a high-visibility, multi-stream income-producing commercial asset strategically located on a prime corner lot along the bustling Highway 501 corridor. This 1.13-acre property serves as a vital gateway for commuters and tourists traveling between Conway and Myrtle Beach, ensuring a massive daily traffic count and unmatched brand exposure. The site is anchored by an established convenience and gas store, featuring fuel tanks that have recently passed DHEC inspection, providing peace of mind and immediate operational readiness for the next owner. The property’s value is further enhanced by its diverse portfolio of additional on-site structures, including a barbershop, a produce stand, and a residential duplex. This unique mix of retail and residential components offers a stabilized investment with multiple revenue channels. All existing leases are currently month-to-month, offering the ultimate flexibility for a buyer to renegotiate terms for long-term hold, or to clear the site for a larger-scale redevelopment in one of the fastest-growing regions of Horry County. Positioned in a "path of progress" area, this 1.13-acre parcel represents prime commercial real estate in a high-demand market. Whether you are looking for a turnkey investment with immediate cash flow or a strategic corner for a new franchise or retail center, this property offers the scale and location necessary for success. Properties with this level of frontage and diverse income potential on Highway 501 are increasingly scarce; schedule your private tour today

Property details

MLS #
2603679
Property type
SpecialPurpose
Subdivision
N/A
Status
Active
Days on market
171
On market date
February 11, 2026
Stories
1
Garage spaces
N/A
Lot size
1.13 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Midland Elementary
8.61 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Good (2025)
Enrollment
571
Student:teacher ratio
14.3:1
District
Horry 01
Middle
Aynor Middle
8.67 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
757
Student:teacher ratio
16.1:1
District
Horry 01
High
Aynor High
7.73 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
881
Student:teacher ratio
17.3:1
District
Horry 01

Mortgage calculator

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Est. monthly payment
$18,216/mo
$600,000 down
$2,400,000 loan
Principal & interest$15,566
Property tax (est.)$2,500
Home insurance (est.)$150

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Data source: Listing information provided by Coastal Carolinas Association of REALTORS® (CCAR) via Trestle/CoreLogic. Last updated 21 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.