Medical Office Building For
931 Medical Cir, Myrtle Beach, SC 29572
Medical office building in Myrtle Beach's healthcare corridor.
Type:Office
Property size:
4,650 SFLot size:
0.52 AcresPrice / SF:
$236/SF- Added:
- Feb 2, 2026
- Days on Market:
- 153
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 931 Medical Cir
General Information
- Standard status
- Active
- Size
- 4,650 SF
- Lot size
- 0.52 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing office Blanton Commercial Real Estate
Listing date Feb 2, 2026
Source Crexi
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 Blanton Commercial Real Estate
HighLights
- Prime location in a thriving healthcare corridor near Grand Strand Hospital, ensuring excellent patient draw.
- Lucrative investment opportunity with multiple tenants providing reduced risk and potential for increased rents.
- 4,700 RSF building on 0.52 acres suitable for medical or professional office use.
- Dedicated patient parking and ADA accessibility.
- Customizable exam room configurations.
- Convenient access to key transportation infrastructure and Myrtle Beach International Airport.
Overview
This 4,700 RSF medical office building is located at 931 Medical Circle in Myrtle Beach, SC. Situated on 0.52 acres, the property is ideal for medical or professional office use and is strategically located in a thriving healthcare corridor near Grand Strand Hospital. The building is fully occupied with multiple tenants, offering reduced risk and potential for increased rents, presenting a lucrative investment opportunity. The property features dedicated patient parking and ADA accessibility. Exam room configurations are customizable. The location within a vibrant medical hub ensures excellent patient draw and collaboration opportunities, supported by proximity to major hospitals and healthcare facilities. Conveniently connected to key transportation infrastructure, the property is minutes from the central business district and Myrtle Beach International Airport. A new roof was installed in 2018.
Local Financial Insights For Healthcare Medical
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 | $118.9k | $25.56 |
| − Vacancy | −$3.0k | −$0.64 |
| EGI | $115.9k | $24.92 |
| − OpEx | −$46.4k | −$9.97 |
| NOI | $69.5k | $14.95 |
4,650 SF · lease $25.56/SF/yr · vacancy 2.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$993.3K
$869.1K – $1.16M
NOI $69,530 @ 7.0% cap · market cap 6.32%
Second Best
Office B
$813.1K
$711.5K – $948.6K
NOI $56,916 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,495 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Dr. Toby L. ...
Physician
Dr.Coates
Hair Salon
Family First Health ...
Medical Clinic
BabyNet
Corporate Office
Dr. Chrystal Coates-Gal
Pediatrician
Similar Places Nearby
- Dunes Veterinary Clinic — 7717 N Kings Hwy, Myrtle Beach, SC 29572
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.818153
- Latitude
- 33.759259
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Medical office building in Myrtle Beach's healthcare corridor.
Where is this medical office space located?
The property is located at 931 Medical Cir Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime location in a thriving healthcare corridor near Grand Strand Hospital, ensuring excellent patient draw.; Lucrative investment opportunity with multiple tenants providing reduced risk and potential for increased rents.; **4,700 RSF building on 0.52 acres suitable for medical or professional office use.**
