533 Broadway St Myrtle Beach, SC 29577
Commercial building in historical district, tenant in place.
Property Features for 533 Broadway St
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.06 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1957
Listing office Beachfront Properties (843) 267-3712
Listing date Mar 3, 2025
Source Exitrealty
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 Beachfront Properties
Investment Insights
Based on property information with market context.
Key Highlights
- Commercial building in the heart of Myrtle Beach
- Located in the future Kings Highway Corridor, NEW Arts & Innovation District
- Located in Historical Broadway Street District
Local Financial Insights For Retail
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 | $53.4k | $21.36 |
| − Vacancy | −$1.3k | −$0.53 |
| EGI | $52.1k | $20.83 |
| − OpEx | −$15.6k | −$6.25 |
| NOI | $36.4k | $14.58 |
Alternative Uses
Property Analytics
Current Use by Public Records
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- La Zelle's Flower Shop — 101 Broadway St, Myrtle Beach, SC 29577
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