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For Sale
$695,000

4000 Poinsett St., North Myrtle Beach, SC 29582

COMMERCIAL/INDUSTRIAL, North Myrtle Beach, SC

Property Size2,504 SF
Lot Size0.54 Acres
Price / SF$277.56
Days on Market49

Property Features for 4000 Poinsett St.

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Exterior features Kitchen Facility, Living Quarters, Restrooms - Private, Inside Storage
Subdivision 11E North Myrtle Beach Area--Windy Hill
Standard status Active
Size 2,504 SF
Lot size 0.54 Acres

Building Details

Floors in Building 1
Number of units 1
Additional Structures Storage
Listing Agency: Beach & Forest Realty
Listed By: Elizabeth Fresh
Added: Sep 2 Changed: Oct 19 Last Checked: Oct 20 at 6:06AM
MLS# 2621742

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.

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Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,115
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,300 $462.3K
Cap Rate 7%
$330,214 $330.2K
Cap Rate 9%
$256,833 $256.8K
Market Conditions
NOI Build-Up for 2,504 SF
Gross rent
$43.9K $17.52/SF
− Vacancy
−$1.8K −$0.74/SF
EGI
$42.0K $16.78/SF
− OpEx
−$18.9K −$7.55/SF
NOI
$23.1K $9.23/SF
Area
Horry County, SC
Vacancy
4.20%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,300
Cap Rate 7%
$330,214
Cap Rate 9%
$256,833

Alternative Uses

Best Use
Apartment 5plus
$330.2K
$288.9K – $385.3K (±1% cap)
NOI $23,115 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$634.6K
$555.3K – $740.4K (±1% cap)
NOI $44,423 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Suggested Use

Top Pick Dental Office Law Firm Electrical Service Auto Parts Store HVAC Service Barber Shop

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

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

Demographics for 29582, SC

18,897
Population
27,559
Households
0.7
Avg Household Size
62
Median Age
38%
College-Educated
94%
High-School Grad
21.9 sq mi
ZIP Area
863
Density / Sq Mi
$71,030
Median Household Income
$36,906
Median Earnings
$1,194
Median Rent
$370,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

Where is this commercial land located?
The property is located at 4000 Poinsett St. North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $695,000.
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