Flex Space with
For Sale
Contact for pricing
1010 5th Ave. N Suite 106, Surfside Beach, SC 29575
Office, kitchenette, and restroom with shower complement the garage and storage area.
Property Size8,498 SF
Price / SF$0.13
Days on Market31
Property Features for 1010 5th Ave. N Suite 106
General Information
Standard status
Active
Size
8,498 SF
Property subtype
Industrial
Amenities
small sitting area
kitchenette
restroom/shower
Building Details
Year Built
1981
Listing Agency:
Epique Realty
Listed By:
Rick Stroud · License #81781
(864) 479-1189
Source:
Greathomessc
Added: Sep 30
Changed: Oct 28
Last Checked: Oct 28 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 106 is an 8,498-square-foot flex space built in 1981. Its layout includes a large office, a smaller sitting area with a kitchenette, and a restroom with a shower. The garage area has shelving for storage.
The property is at 1010 5th Ave. N in Surfside Beach, South Carolina, and is available January 1, 2027.
The property is at 1010 5th Ave. N in Surfside Beach, South Carolina, and is available January 1, 2027.
Key Highlights
- 8,498‑square‑foot flex space at 1010 5th Ave. N, Suite 106
- Large office plus a separate sitting area with kitchenette
- Garage area with shelving for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,631
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,112,620
$1.1M
Cap Rate 7%
$794,729
$794.7K
Cap Rate 9%
$618,122
$618.1K
Market Conditions
NOI Build-Up for 8,498 SF
Gross rent
$90.8K $10.68/SF
− Vacancy
−$5.2K −$0.61/SF
EGI
$85.6K $10.07/SF
− OpEx
−$30.0K −$3.52/SF
NOI
$55.6K $6.55/SF
Area
Horry County, SC
Vacancy
5.70%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,112,620
Cap Rate 7%
$794,729
Cap Rate 9%
$618,122
Alternative Uses
Best Use
Industrial
$1.56M
$1.36M – $1.82M
NOI $109,049 @ 7.0% cap · market cap 9,913.55%
Second Best
Flex RnD
$794.7K
$695.4K – $927.2K
NOI $55,631 @ 7.0% cap · market cap 5,057.36%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,761 @ 7.0% cap · market cap 13,705.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29575, SC
18,135
Population
16,761
Households
1.1
Avg Household Size
57
Median Age
33%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
1,778
Density / Sq Mi
$72,029
Median Household Income
$38,182
Median Earnings
$1,234
Median Rent
$278,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Dip It Fondue — 500 N Kings Hwy, Myrtle Beach, SC 29577
Frequently Asked Questions
What type of property is this?
Flex space - Office, kitchenette, and restroom with shower complement the garage and storage area.
Where is this flex space located?
The property is located at 1010 5th Ave. N Suite 106 Surfside Beach, SC.
What are key features of this property?
This property features: 8,498‑square‑foot flex space at 1010 5th Ave. N, Suite 106; Large office plus a separate sitting area with kitchenette; Garage area with shelving for storage
