11-Unit Office
For Sale
Contact for pricing
710 21st Ave. N Unit B, Myrtle Beach, SC 29577
Two buildings provide a multi-suite professional office configuration in Myrtle Beach.
Property Size9,959 SF
Price / SF$0.12
Days on Market35
Property Features for 710 21st Ave. N Unit B
General Information
Standard status
Active
Size
9,959 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
11
Property Use
Medical / Professional Office
Building Details
Buildings
2
Listing Agency:
Epique Realty
Listed By:
Rick Stroud · License #56070
(864) 479-1189
Source:
Greathomessc
Added: Sep 25
Changed: Oct 28
Last Checked: Oct 28 at 3:52PM
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 Epique Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Hampton Professional Park comprises two office buildings with 9,959± square feet of medical and professional office space arranged across 11 units. The property is at 710 21st Ave. N in Myrtle Beach, South Carolina.
The site offers access to Bypass 17, Robert Grissom Parkway and North Kings Hwy.
The site offers access to Bypass 17, Robert Grissom Parkway and North Kings Hwy.
Key Highlights
- 9,959± square feet of office space in two buildings
- 11 units for medical and professional office use
- Access to Bypass 17, Robert Grissom Parkway and North Kings Hwy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,898
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,437,960
$2.4M
Cap Rate 7%
$1,741,400
$1.7M
Cap Rate 9%
$1,354,422
$1.4M
Market Conditions
NOI Build-Up for 9,959 SF
Gross rent
$191.2K $19.20/SF
− Vacancy
−$28.7K −$2.88/SF
EGI
$162.5K $16.32/SF
− OpEx
−$40.6K −$4.08/SF
NOI
$121.9K $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%
$2,437,960
Cap Rate 7%
$1,741,400
Cap Rate 9%
$1,354,422
Alternative Uses
Best Use
Healthcare Medical
$2.13M
$1.86M – $2.48M
NOI $148,913 @ 7.0% cap · market cap 12,771.27%
Second Best
Office B
$1.74M
$1.52M – $2.03M
NOI $121,898 @ 7.0% cap · market cap 10,454.37%
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,681 @ 7.0% cap · market cap 15,152.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
11
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,278
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two buildings provide a multi-suite professional office configuration in Myrtle Beach.
Where is this office building located?
The property is located at 710 21st Ave. N Unit B Myrtle Beach, SC.
What are key features of this property?
This property features: 9,959± square feet of office space in two buildings; 11 units for medical and professional office use; Access to Bypass 17, Robert Grissom Parkway and North Kings Hwy
