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    Two-Story Office Building in Myrtle Beach Title is generated by Realmo AI

    4702 Oleander Dr., Myrtle Beach, SC 29577

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    Claim this Listing
    For Sale
    $2,150,000

    SINGLE_FAMILY - Myrtle Beach, SC

    Type:Office
    Property size:
    9,432 SF
    Lot size:
    0.76 Acres
    Price / SF:
    $227/SF
    Added:
    May 19, 2026
    Days on Market:
    48
    Last Refresh:
    Jul 5 at 3:06 pm

    Property Features for 4702 Oleander Dr.

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    OPI
    Standard status
    Active
    Size
    9,432 SF
    Lot size
    0.76 Acres

    Building Details

    Number of units
    18

    We can help!

    Contact an agent
    Katharine Woodard

    Listing agent Katharine Woodard

    Listing office Circa Real Estate Myrtle Beach, SC

    Listing date May 19, 2026

    MLS# 2612896

    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.

    HighLights

    • Operation aborted

    Overview

    Located in Myrtle Beach's professional and medical office corridor, the Heaton Building at 4702 Oleander Street is a two-story brick office building. The building offers approximately 9,432 square feet of space on a 0.70-acre lot and includes 33 parking spaces. The property features 16 upstairs office units plus 2 large ground-floor suites. The building is currently 100% occupied. The flexible floor plan can accommodate various professional, medical, legal, financial, insurance, real estate, corporate, or multi-use commercial applications. Interior features include reception and waiting areas, conference rooms, private offices, open workspace configurations, kitchen/break areas, multiple restrooms, and storage space. The property has been extensively updated and professionally maintained. Its central location provides access to Hwy 17, Grissom Parkway, Hwy 31, Myrtle Beach International Airport, hospitals, business centers, restaurants, and Broadway at the Beach. This property is an opportunity for investors seeking stable income or businesses looking for an office presence in one of Myrtle Beach's established office corridors.

    Local Financial Insights For Office B

    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 $181.1k $19.20
    − Vacancy −$27.2k −$2.88
    EGI $153.9k $16.32
    − OpEx −$38.5k −$4.08
    NOI $115.4k $12.24
    9,432 SF · lease $19.20/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.65M
    $1.44M – $1.92M (±1% cap)
    NOI $115,448 @ 7.0% cap · market cap 5.37%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.39M
    $2.09M – $2.79M (±1% cap)
    NOI $167,331 @ 7.0% cap · market cap 7.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Clifford H Tall ... Law Firm Coastal Shores Realty Real Estate Agency Southwest Funding Loan Service Tracey Freeman – Speaker, ... Life Coach Touch of Ge’Ana Alternative Medicine Practice

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Building Supply Auto Parts Store Department Store Kitchen & Bath Showroom Food Market Garden Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.8614891
    Latitude
    33.7319745

    FAQs

    What type of property is this?
    Office building - Well-maintained office building in Myrtle Beach's professional corridor.
    Where is this office building located?
    The property is located at 4702 Oleander Dr. Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: Operation aborted
    More about this property
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