Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Space in Murrells Inlet Title is generated by Realmo AI

    889 Inlet Square Dr., Murrells Inlet, SC 29576

    View on Map
    Claim this Listing
    For Lease
    $1,500/Mo $18 SF/Yr (calc)

    SINGLE_FAMILY - Murrells Inlet, SC

    Type:Office
    Property size:
    1,000 SF
    Lot size:
    0.50 Acres
    Added:
    Apr 19, 2026
    Days on Market:
    46
    Last Refresh:
    Jun 3 at 10:06 pm

    Property Features for 889 Inlet Square Dr.

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    HC
    Standard status
    Active
    Size
    1,000 SF
    Lot size
    0.50 Acres

    Building Details

    Number of units
    1

    We can help!

    Listing Contact
    Paige Kennedy
    Paige Kennedy

    Listing agent Paige Kennedy

    Listing office Carolina Real Estate Services Myrtle Beach, SC

    Listing date Apr 19, 2026

    MLS# 2610107

    Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Murrells Inlet location ideal for office use.
    • Gross Lease includes power and water.
    • Includes 2 private offices, conference room, and full bathroom.
    • Large kitchen‑file room provides ample storage and workspace.
    • Dedicated parking at the front of the building and largest spot on the marquee.
    • Includes 2 large file cabinets.

    Overview

    Located in the heart of Murrells Inlet, this approximately 1,000 square foot office space is available for lease. The space includes parking at the front of the building and the largest spot on the marquee. It also features a shared lobby, a large kitchen-file room, two private offices, a conference room, and a full bathroom. Two large file cabinets will remain in the space. Power and water are included in the gross lease. The property is zoned HC. The other half of the building is occupied by a counseling business. The lot size is 0.5 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murrells Inlet
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0248574
    Latitude
    33.5836777

    Nearby Similar for Lease

    • $1,000/Mo
      863 SF

      Move-In Ready Second-Floor Office Suite

      Second-floor suite with reception area, two private offices, private restroom, and kitchenette, in a high-visibility office building.
      4717 Highway 17 Bypass, Murrells Inlet, SC 29576
      View Details
    • $3,670/Mo
      1,000 SF

      Professional Office Space Available

      Professional office space for lease in Murrells Inlet, SC.
      5187 Horry Dr., Murrells Inlet, SC 29576
      View Details
    • $3,000/Mo
      2,200 SF

      Office Warehouse in Murrells Inlet

      Office warehouse building for lease with great location and visibility.
      11772 S Highway 17 Bypass, Murrells Inlet, SC 29576
      View Details
    • $3,000/Mo
      1,625 SF

      New Flex Development in Murrells

      New construction flex space with build-to-suit options.
      4960 Highway 17, Murrells Inlet, SC 29576
      View Details
    • $80,535 SF/Yr
      5,369 SF

      Retail Space in Woodside Village

      Prime retail space in a busy Murrells Inlet shopping center.
      4430 Highway 17 S, Murrells Inlet, SC 29576
      View Details
    • $1,458/Mo
      1,250 SF

      Murrells Inlet Office/Retail/Medical Space

      Multi-tenant building with office/retail/medical space for lease.
      637 Bellamy Ave., Murrells Inlet, SC 29576
      View Details
    • $525/Mo
      81 SF

      Murrells Inlet Executive Office Suite

      Professional office suite with shared amenities on Highway 17 Bypass.
      3955 Highway 17 Bypass, Murrells Inlet, SC 29576
      View Details
    • $1,300/Mo
      800 SF

      Office or Salon Space Available

      Rental space suitable for office or beauty salon in Murrells Inlet.
      9898 Merry Ln., Murrells Inlet, SC 29576
      View Details
    • $1,650/Mo
      900 SF

      Office Space in Murrells Inlet

      900 sq ft office space on Highway 17 Bypass.
      3940 Highway 17 S, Murrells Inlet, SC 29576
      View Details
    • $525/Mo

      Professional Office Suite in Murrells

      Executive office suite with shared amenities on Highway 17.
      3955 Highway 17, Murrells Inlet, SC, 29576-5014
      View Details
    • $24 SF/Yr
      1,519 SF

      Retail Space in Murrells Inlet

      Retail space available for lease in Murrells Inlet.
      3956 Highway 17, Murrells Inlet, SC
      View Details
    • Contact for pricing
      2,300 SF

      Freestanding Retail Building For Rent

      Retail building built in 2022 with ample parking.
      12138 Highway 17 Bypass North, Murrells Inlet, SC, 29576
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for lease in the heart of Murrells Inlet.
    Where is this office units located?
    The property is located at 889 Inlet Square Dr. Murrells Inlet, SC.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: Prime Murrells Inlet location ideal for office use.; Gross Lease includes power and water.; Includes **2 private offices, conference room, and full bathroom.**
    (843) 318-1488
    We can help!
    Listing Contact
    Paige Kennedy
    Paige Kennedy
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    889 Inlet Square Dr., Murrells Inlet, SC 29576
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!