Single-Room Office
4999 Carolina Forest Blvd. Suite 25-B, Myrtle Beach, SC 29579
For Sale
Contact for pricing
The suite opens onto a shared waiting area within Forest Crossing shopping center.
Property Size140 SF
Price / SF$5.71
Days on Market117
Property Features for 4999 Carolina Forest Blvd. Suite 25-B
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Property Use
Amenities
common area waiting room
Building Details
Year Built
Listing Agency:
Tradd Commercial
(843) 839-9777
Listed By:
Brad Davis · License SC #88416
(843) 340-7985
Source:
Thenelsonteamsc
Added: Jul 17
Changed: Nov 9
Last Checked: Nov 9 at 10:21AM
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 Tradd Commercial
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Investment Insights
Based on property information with market context.
Located within Forest Crossing, Suite 25-B is a one-room office with access to a common waiting area. The commercial center sits at the signalized intersection of Carolina Forest Boulevard and River Oaks Drive in Myrtle Beach.
The location serves Carolina Forest, a community with more than 31,000 residents, between Myrtle Beach and Conway. The building was constructed in 2007.
The location serves Carolina Forest, a community with more than 31,000 residents, between Myrtle Beach and Conway. The building was constructed in 2007.
Key Highlights
- One‑room office suite with use of a shared waiting area
- At the signal‑controlled junction of Carolina Forest Boulevard and River Oaks Drive
- Serves Carolina Forest, a community of 31,000+ residents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,714
Suggested Prices Based on Cap Rates
Cap Rate 5%
$34,280
$34.3K
Cap Rate 7%
$24,486
$24.5K
Cap Rate 9%
$19,044
$19.0K
Market Conditions
NOI Build-Up for 140 SF
Gross rent
$2.7K $19.20/SF
− Vacancy
−$403 −$2.88/SF
EGI
$2.3K $16.32/SF
− OpEx
−$571 −$4.08/SF
NOI
$1.7K $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%
$34,280
Cap Rate 7%
$24,486
Cap Rate 9%
$19,044
Alternative Uses
Best Use
Office B
$24.5K
$21.4K – $28.6K
NOI $1,714 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$35.5K
$31.1K – $41.4K
NOI $2,484 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 29579, SC
50,378
Population
24,320
Households
2.1
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
53.0 sq mi
ZIP Area
951
Density / Sq Mi
$72,909
Median Household Income
$39,175
Median Earnings
$1,466
Median Rent
$320,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Myrtle Beach, SC
Properties on Market for Office Units in Myrtle Beach
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite opens onto a shared waiting area within Forest Crossing shopping center.
Where is this office unit located?
The property is located at 4999 Carolina Forest Blvd. Suite 25-B Myrtle Beach, SC.
What are key features of this property?
This property features: One‑room office suite with use of a shared waiting area; At the signal‑controlled junction of Carolina Forest Boulevard and River Oaks Drive; Serves Carolina Forest, a community of 31,000+ residents
