Professional Office
For Sale
Contact for pricing
4728 Jenn Dr., Myrtle Beach, SC 29577
Three private offices, a conference room, reception area, and shared restrooms support a structured workplace layout.
Property Size1,500 SF
Price / SF$2.07
Days on Market51
Property Features for 4728 Jenn Dr.
General Information
Standard status
Active
Size
1,500 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Keystone Realty MB, LLC
(843) 626-3400
Listed By:
Gina Nelson · License #125555
(631) 512-1571
Source:
Edgarwilson
Added: Aug 30
Changed: Oct 7
Last Checked: Oct 16 at 8:26AM
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 Keystone Realty MB, LLC
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Investment Insights
Based on property information with market context.
Approximately 1,500 SF of office space is configured with three private offices, including two offices arranged for two desks each. The suite also includes a conference room, a generously sized reception area, and shared restrooms within the common area. Ample parking is available for occupants and visitors.
The office is located within Oleander Office Park, with access to 48th Ave North, Robert Grissom Parkway, and Highway 17 Bypass. Availability is scheduled for 10/1/2026.
The office is located within Oleander Office Park, with access to 48th Ave North, Robert Grissom Parkway, and Highway 17 Bypass. Availability is scheduled for 10/1/2026.
Key Highlights
- Approximately 1,500 SF office suite in Oleander Office Park
- Three private offices, including two with a two‑desk layout
- Conference room and large reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,360
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,200
$367.2K
Cap Rate 7%
$262,286
$262.3K
Cap Rate 9%
$204,000
$204.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$28.8K $19.20/SF
− Vacancy
−$4.3K −$2.88/SF
EGI
$24.5K $16.32/SF
− OpEx
−$6.1K −$4.08/SF
NOI
$18.4K $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%
$367,200
Cap Rate 7%
$262,286
Cap Rate 9%
$204,000
Alternative Uses
Best Use
Office B
$262.3K
$229.5K – $306.0K
NOI $18,360 @ 7.0% cap · market cap 592.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$380.2K
$332.6K – $443.5K
NOI $26,611 @ 7.0% cap · market cap 858.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,136
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Three private offices, a conference room, reception area, and shared restrooms support a structured workplace layout.
Where is this office units located?
The property is located at 4728 Jenn Dr. Myrtle Beach, SC.
What are key features of this property?
This property features: Approximately 1,500 SF office suite in Oleander Office Park; Three private offices, including two with a two‑desk layout; Conference room and large reception area
