Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    106 Lichen Rd Myrtle Beach, SC

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    6,000 SF flex space with convenient highway access.

    Type:INDUSTRIAL
    Property size:
    6,000 SF
    Lot size:
    1.13 Acres
    Added:
    Nov 18, 2025
    Days on Market:
    134
    Last Refresh:
    Mar 29 at 10:22 pm

    Property Features for 106 Lichen Rd

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    1.13 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 106 Lichen Rd Contact us

    We can help!

    Listing Contact
    Curry Martin

    Listing agent Curry Martin License #62256

    Listing office Keystone Commercial Realty

    Listing date Nov 18, 2025

    Source Moodyscre

    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 Keystone Commercial Realty

    Overview

    Myrtle Beach Flex Space Available

    This 6,000 square foot flex space is available for rent and features convenient access to Highway 31 and Highway 707. The space is fully conditioned and includes two bathrooms, a kitchenette, and a break room. A 10-foot roll-up door provides easy access. The tenant is responsible for power and phone/internet services. The property's TMS number is 1852701032 and the PIN is 44816010025. The property is located on Lichen Rd in Myrtle Beach, SC.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.9684
    Latitude
    33.6308

    Nearby Similar for Lease

    • Contact for pricing

      Professional Office Space For Lease

      Second floor office space with elevator access and ample parking.
      4420 Oleander Dr., Myrtle Beach, SC 29577
      View Details
    • Contact for pricing

      Versatile Flex Space in Myrtle Beach

      Adaptable commercial space for lease in the Arts & Innovation District.
      716 8th Ave. N, Myrtle Beach, SC 29577
      View Details
    • Contact for pricing

      Professional Office Building in Myrtle Beach

      Well-maintained office building in the heart of Myrtle Beach.
      607 19th Ave. N, Myrtle Beach, SC 29577
      View Details
    • Contact for pricing

      Retail Space in Columbus Plaza

      1,000 SF retail space for lease in Myrtle Beach.
      3721 Wesley St., Myrtle Beach, SC 29579
      View Details
    • Contact for pricing

      Myrtle Beach Industrial Warehouse Space

      Industrial warehouse with climate control and drive-thru capability for lease.
      3720 Wesley St., Myrtle Beach, SC 29579
      View Details
    • Contact for pricing

      Class A Office Space Available

      Premium professional office suites available for lease in Myrtle Beach.
      4559 Oleander Dr., Myrtle Beach, SC 29577
      View Details
    • Contact for pricing

      Class A Office Suites Leasing

      Premium professional office suites available for lease in Myrtle Beach.
      4559 Oleander Dr., Myrtle Beach, SC 29577
      View Details
    • Contact for pricing

      Class A Office Suites Available

      Premium office suites in a Class A development for lease.
      4559 Oleander Dr., Myrtle Beach, SC 29577
      View Details
    • Contact for pricing

      Retail Space on Highway 17

      Established retail space with highway frontage in Myrtle Beach.
      10589 N Kings Highway, Myrtle Beach, SC 29572
      View Details
    • Contact for pricing

      Myrtle Beach Office Space For Rent

      2340 sq ft commercial space perfect for medical or professional office.
      8210 Devon Ct., Myrtle Beach, SC 29572
      View Details
    • Contact for pricing

      Class A Office Suites Leasing

      Premium professional office suites in a Class A development.
      4559 Oleander Dr., Myrtle Beach, SC 29577
      View Details
    • Contact for pricing

      Prime Second-Floor Office Space

      Spacious 2,080 sq ft office suite for lease.
      4221 N Kings Hwy., Myrtle Beach, SC 29577
      View Details

    FAQs

    What type of property is this?
    Flex space - 6,000 SF flex space with convenient highway access.
    Where is this flex space located?
    The property is located at 106 Lichen Rd Myrtle Beach, SC.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Convenient access to Highway 31 and Highway 707; 10’ roll up door for easy access; Fully Conditioned
    (843) 957-5961
    We can help!
    Listing Contact
    Curry Martin
    Real Estate License ID: 62256
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!