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Office Unit with Private Entrance
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4559 Oleander Dr. Suite 2, Myrtle Beach, SC 29577

A newly constructed professional office includes signage opportunities and on-site parking.

Property Size2,225 SF
Price / SF$2.25
Days on Market101

Property Features for 4559 Oleander Dr. Suite 2

General Information

Standard status Active
Size 2,225 SF
Class Class A
Property subtype Office

Additional Details

Office Units 4
Property Use Office

Amenities

Individual suite entrances
Prominent signage opportunities

Building Details

Year Built 2026
Construction brick
Tenancy Multi
Listing Agency: The Dieter Company
Listed By: Jay Nelson
Source: Thenelsonteamsc
Added: Jul 25 Changed: Nov 2 Last Checked: Nov 2 at 2:39AM

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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Investment Insights

Based on property information with market context.

This 2,225-square-foot office unit is part of a four-suite professional office development completed in 2026. The building features brick construction, metal roof accents, and columned entrances. Each suite has its own entrance, and flexible layout options are available.

The property is located at 4559 Oleander Drive in Myrtle Beach. Prominent signage opportunities and ample parking are among the site features.

Key Highlights

  • 2,225‑square‑foot office unit
  • Part of a four‑suite office development
  • Built in 2026 with brick construction and metal roof accents

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,234
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,680 $544.7K
Cap Rate 7%
$389,057 $389.1K
Cap Rate 9%
$302,600 $302.6K
Market Conditions
NOI Build-Up for 2,225 SF
Gross rent
$42.7K $19.20/SF
− Vacancy
−$6.4K −$2.88/SF
EGI
$36.3K $16.32/SF
− OpEx
−$9.1K −$4.08/SF
NOI
$27.2K $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%
$544,680
Cap Rate 7%
$389,057
Cap Rate 9%
$302,600

Alternative Uses

Best Use
Office B
$389.1K
$340.4K – $453.9K (±1% cap)
NOI $27,234 @ 7.0% cap · market cap 543.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$563.9K
$493.4K – $657.9K (±1% cap)
NOI $39,473 @ 7.0% cap · market cap 788.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Restaurant Big Box & Wholesale Store Building Supply Auto Parts Store Parking Lot & Garage

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

4
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,212
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A newly constructed professional office includes signage opportunities and on-site parking.
Where is this office unit located?
The property is located at 4559 Oleander Dr. Suite 2 Myrtle Beach, SC.
What are key features of this property?
This property features: 2,225‑square‑foot office unit; Part of a four‑suite office development; Built in 2026 with brick construction and metal roof accents
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