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Medical Office Suite
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1430 48th Ave. N Suite 102, Myrtle Beach, SC 29577

Tenant-specific floor plans are planned, with delivery scheduled for early 2027.

Property Size20,000 SF
Price / SF$2.50
Days on Market228

Property Features for 1430 48th Ave. N Suite 102

General Information

Standard status Active
Size 20,000 SF
Class Class A
Property subtype Office

Additional Details

Highway Access Yes
Property Use Office/Medical

Building Details

Year Built 2026
Buildings 1
Building Size 20,000 SF
Tenancy Multi
Listing Agency: The Dieter Company
Listed By: Jay Nelson
Source: Thenelsonteamsc
Added: Mar 20 Changed: Nov 1 Last Checked: Nov 1 at 3:19PM

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 The Dieter Company

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Suite 102 provides 4,800 square feet of office or medical space within a 20,000-square-foot office building. Floor plans are to be configured to tenant specifications, with delivery planned for February or March 2027. The property offers office suites of up to 7,509 square feet and is anchored by Development Resource Group.

The center is 0.7 miles from the intersection of Highway 17 Bypass and Grissom Parkway/International Drive, with connections to coastal communities and residential populations in Carolina Forest and Conway.

Key Highlights

  • Suite 102 contains 4,800 SF of office or medical space
  • Office building totals 20,000 square feet
  • Suite configurations are available up to 7,509 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,752
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,040 $1.2M
Cap Rate 7%
$839,314 $839.3K
Cap Rate 9%
$652,800 $652.8K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$92.2K $19.20/SF
− Vacancy
−$13.8K −$2.88/SF
EGI
$78.3K $16.32/SF
− OpEx
−$19.6K −$4.08/SF
NOI
$58.8K $12.24/SF
Area
Horry County, SC
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,040
Cap Rate 7%
$839,314
Cap Rate 9%
$652,800

Alternative Uses

Best Use
Healthcare Medical
$1.03M
$897.2K – $1.20M (±1% cap)
NOI $71,772 @ 7.0% cap · market cap 598.10%
Second Best
Office B
$839.3K
$734.4K – $979.2K (±1% cap)
NOI $58,752 @ 7.0% cap · market cap 489.60%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M (±1% cap)
NOI $85,156 @ 7.0% cap · market cap 709.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Auto Repair Shop Big Box & Wholesale Store Building Supply Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby

Demographics for 29577, SC

34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Tenant-specific floor plans are planned, with delivery scheduled for early 2027.
Where is this office unit located?
The property is located at 1430 48th Ave. N Suite 102 Myrtle Beach, SC.
What are key features of this property?
This property features: Suite 102 contains 4,800 SF of office or medical space; Office building totals 20,000 square feet; Suite configurations are available up to 7,509 square feet
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Includes: Price & PSF · Cap rate · Location · Zoning

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