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    Established Floral Business For Sale Title is generated by Realmo AI

    5001 Kings Hwy., Myrtle Beach, SC 29577

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    For Sale
    $250,000

    COMMERCIAL - Myrtle Beach, SC

    Added:
    Oct 3, 2025
    Days on Market:
    238
    Last Refresh:
    May 28 at 5:06 pm

    Property Features for 5001 Kings Hwy.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active

    We can help!

    Listing Contact
    Larisa Esmat
    Larisa Esmat

    Listing agent Larisa Esmat License #96360

    Listing office INNOVATE Real Estate Myrtle Beach, SC

    Listing date Oct 3, 2025

    MLS# 2524198

    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

    • Established, Profitable Turnkey Business: Acquire a thriving luxury floral business with immediate cash flow and a strong reputation.
    • Prime Location & Extensive Reach: High‑traffic storefront in Myrtle Beach provides excellent visibility and efficient delivery throughout the area.
    • Strong Client Base & Recurring Revenue: Loyal local clientele, corporate partners, and high‑profile customers drive reliable repeat business.
    • Market Leader with Excellent Reputation: Recognized for luxury floral designs, upscale events, and superior customer service.
    • Comprehensive Training & Support: Includes one month of side‑by‑side operational support and ongoing consultation for a smooth transition.
    • Diverse Revenue Streams & Growth Potential: Immediate income from various sources (everyday sales, weddings, events, online) with opportunities for expansion.

    Overview

    An established luxury floral business with a storefront in Myrtle Beach is available for sale. This business operates from a high-traffic location with a lease in place. The business is known for luxury floral arrangements, high-end event decor, and service, with a mix of walk-in customers, repeat local clientele, corporate accounts, and online sales. Its branding, community presence, and relationships with event coordinators and venues make it a leader in the Myrtle Beach market. The business has an established client base of locals, corporate partners, and high-profile customers. The location provides visibility and delivery reach throughout the Myrtle Beach area. The business has customer ratings and repeat business. There is cash flow from everyday floral sales, weddings, events, sympathy arrangements, and decor services. An online presence includes a customizable website, social media accounts, and profiles on The Knot, WeddingWire, and Google. Professional-grade equipment, furniture, coolers, and wedding/event inventory are included in the sale. Comprehensive training is included, with daily operational support for one month, plus ongoing consultation available. Opportunities exist to grow through expanded online sales, event contracts, and subscription services. Demand continues to rise for weddings, bridal showers, baby showers, corporate functions, and other event decor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ash Hoffman Jewelry (Bike/Boat/Book/etc) Store Vicini's Italian Restaurant ... Restaurant The Melting Pot Myrtle ... Restaurant Living Yoga and Wellness Gym & Fitness Center Michele Paddy Refosco, ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Aaron Termite & Pest Control — 4811 N Kings Hwy, Murrells Inlet, SC 29576

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.8456441
    Latitude
    33.7248523

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    FAQs

    What type of property is this?
    Nursery and garden center - Turnkey luxury floral business in Myrtle Beach with high-traffic storefront.
    Where is this nursery and garden center located?
    The property is located at 5001 Kings Hwy. Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Established, **Profitable Turnkey Business**: Acquire a thriving luxury floral business with immediate cash flow and a strong reputation.; **Prime Location & Extensive Reach**: High‑traffic storefront in Myrtle Beach provides excellent visibility and efficient delivery throughout the area.; **Strong Client Base & Recurring Revenue**: Loyal local clientele, corporate partners, and high‑profile customers drive reliable repeat business.
    (757) 508-0778
    We can help!
    Listing Contact
    Larisa Esmat
    Larisa Esmat
    Real Estate License ID: 96360
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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