4702 Oleander Dr., Myrtle Beach, SC 29577
Well-maintained office building with multiple suites, ample parking, and strong accessibility on a central Myrtle Beach corridor.
- Added:
- Apr 27, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 15 at 3:09 am
Property Features for 4702 Oleander Dr.
General Information
- Standard status
- Active
- Size
- 9,432 SF
- Lot size
- 0.70 Acres
- Property subtype
- Office
Listing agent Circa Real Estate (843) 798-3940
Listing office (843) 798-3940
Listing date Apr 27, 2026
Source Xome
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 Circa Real Estate
HighLights
- Well‑maintained two‑story brick office building at 4702 Oleander Street with approx. 9,432 SF on a 0.70‑acre lot
- 100% occupied with 16 upstairs office units plus 2 large ground‑floor suites
- 33 parking spaces and strong accessibility on Myrtle Beach’s professional and medical office corridor
- Central Air cooling and heating system listed as "3"
- Flexible office layout with reception/waiting areas, conference rooms, private offices, open workspace, kitchen/break areas, multiple restrooms, and storage
- Updated and professionally maintained with no deferred maintenance; zoning listed as OPI with easements
Overview
Situated on a 0.70-acre lot, the property offers 33 parking spaces and strong curb appeal. It is positioned in Myrtle Beach’s established professional and medical office corridor, with convenient access to major regional routes including Hwy 17, Grissom Parkway, and Hwy 31. The area is served by nearby hospitals, business centers, restaurants, and Myrtle Beach International Airport, supporting daily employee and client travel.
For tenants, the existing suite and office configuration can accommodate office-focused operations such as professional services and medical-adjacent practices, depending on fit. For buyers and owner-users, the property is currently 100% occupied and offers an opportunity to own a maintained, multi-suite office asset with established onsite parking and a versatile layout for current or future office tenancy. All information is approximate and should be verified by the buyer.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $241.1k | $25.56 |
| − Vacancy | −$6.0k | −$0.64 |
| EGI | $235.1k | $24.92 |
| − OpEx | −$94.0k | −$9.97 |
| NOI | $141.0k | $14.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.8614891
- Latitude
- 33.7319745
