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Multi-Suite Office Building
New
For Sale
$999,900

802 13th Ave. S, North Myrtle Beach, SC 29582

The flexible office layout includes multiple spaces that can support separate occupants.

Property Size4,638 SF
Lot Size0.36 Acres
Price / SF$218.51
Days on Market2

Property Features for 802 13th Ave. S

General Information

Standard status Active
Size 4,638 SF
Lot size 0.36 Acres

Additional Details

Highway Access Yes

Amenities

signage opportunities

Building Details

Buildings 1
Building Size 4,638 SF
Listing Agency: Rowles Real Estate
Listed By: Desiree Rowles · License #13362
Source: Edgarwilson
Added: Oct 4 Last Checked: Oct 5 at 6:29PM

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 Rowles Real Estate

Investment Insights

Based on property information with market context.

This office building occupies a roughly 0.36-acre site and has a layout with multiple potential office spaces. Signage opportunities are also noted for the property.

At 802 13th Ave. S in North Myrtle Beach, the property is just off Highway 17 and a short drive from the beach, residential communities, shopping, and dining.

Key Highlights

  • Approximately 0.36‑acre site
  • Layout includes multiple potential office spaces
  • Signage opportunities at the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,010
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,200 $1.1M
Cap Rate 7%
$800,143 $800.1K
Cap Rate 9%
$622,333 $622.3K
Market Conditions
NOI Build-Up for 4,576 SF
Gross rent
$87.9K $19.20/SF
− Vacancy
−$13.2K −$2.88/SF
EGI
$74.7K $16.32/SF
− OpEx
−$18.7K −$4.08/SF
NOI
$56.0K $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%
$1,120,200
Cap Rate 7%
$800,143
Cap Rate 9%
$622,333

Alternative Uses

Best Use
Office B
$800.1K
$700.1K – $933.5K (±1% cap)
NOI $56,010 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $81,182 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Jim A. Troxell, DC Alternative Medicine Practice Elevation Blinds (Bike/Boat/Book/etc) Store Myrtle Media Group Advertising Agency Elevation Awnings and Screens Building Supply

Suggested Use

Top Pick Nail Salon Locksmith (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby

Demographics for 29582, SC

18,897
Population
27,559
Households
0.7
Avg Household Size
62
Median Age
38%
College-Educated
94%
High-School Grad
21.9 sq mi
ZIP Area
863
Density / Sq Mi
$71,030
Median Household Income
$36,906
Median Earnings
$1,194
Median Rent
$370,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - The flexible office layout includes multiple spaces that can support separate occupants.
Where is this office building located?
The property is located at 802 13th Ave. S North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Approximately 0.36‑acre site; Layout includes multiple potential office spaces; Signage opportunities at the property
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