Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    504 Main St North Myrtle Beach, SC 29582

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    5,000 SF building for rent in North Myrtle Beach.

    Property Features for 504 Main St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1948

    We can help!

    Listing Contact
    Hunter Platt
    Hunter Platt
    Source: Crexi

    Listing Agency: Tradd Commercial Listing Agent: Hunter Platt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Main Street Building Under Renovation

    A building with approximately 5,000 square feet of space is available for rent. The property is located on Main Street in North Myrtle Beach, South Carolina. The building is currently undergoing renovation. The property is suitable for retail, restaurants, and office use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Real Estate Agency Restaurant 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.

    Location Insight

    • Map
    • Local Demand
    City
    North Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.6753102
    Latitude
    33.824411

    Nearby Similar for Lease

    • $79,422
      2,100 SF

      High-End Retail Space Available

      Newest shopping center in North Myrtle Beach, ready for upfitting.
      900 S Highway 17 S, North Myrtle Beach, SC 29582
      View Details
    • $4,800 /Mo
      3,000 SF

      North Myrtle Beach Retail Space

      Commercial retail or office space in North Myrtle Beach.
      404-A Main St, North Myrtle Beach, SC 29582
      View Details
    • $148,929
      3,348 SF

      North Myrtle Beach Retail Space

      High-end retail space in a desirable shopping center.
      900 S Highway 17 S, North Myrtle Beach, SC 29582
      View Details
    • Sponsored
      Contact for pricing

      SC, North Myrtle Beach- 2nd Ave

      Discover many ways to work your way in SC, North Myrtle Beach- 2nd Ave
      1000 2Nd Ave, North Myrtle Beach, SC 29582
      View Details
    • $1,624 /Mo
      3,733 SF

      North Myrtle Beach Office Space

      Commercial office space at Harbourgate Resort & Marina.
      2100 Sea Mountain Hwy, North Myrtle Beach, SC 29582
      View Details
    • $4,898 /Mo
      2,939 SF

      Retail Space in Power Center

      Retail space available in a premier North Myrtle Beach power center.
      528 Business, North Myrtle Beach, SC 29582
      View Details
    • $4,666 /Mo
      2,800 SF

      Retail Space in Surfwood Plaza

      Retail space for lease in North Myrtle Beach retail corridor.
      214-216 Highway 17 North, North Myrtle Beach, SC 29582
      View Details
    • $20 SF/Yr

      Retail Center in North Myrtle Beach

      Retail center in the heart of North Myrtle Beach retail corridor.
      200 Highway 17 North, North Myrtle Beach, SC 29582
      View Details
    • Contact for pricing

      Retail Power Center For Lease

      Premier retail power center in North Myrtle Beach retail corridor.
      528 Highway 17 North, North Myrtle Beach, SC 29582
      View Details
    • $615 /Mo

      Class A Office Space

      Class A office suites for lease in North Myrtle Beach.
      1016 2Nd Ave North, North Myrtle Beach, SC 29582
      View Details
    • Contact for pricing

      Retail Space Under Renovation

      Retail space available for rent, delivery expected in 2026.
      504 Main St, North Myrtle Beach, SC 29582
      View Details
    • Contact for pricing
      2,159 SF

      Retail Space on Highway 17

      Retail space with excellent visibility and access on Highway 17.
      1516 Old Highway 17 N, North Myrtle Beach, SC 29582
      View Details

    FAQs

    What type of property is this?
    Retail space - 5,000 SF building for rent in North Myrtle Beach.
    Where is this retail space located?
    The property is located at 504 Main St North Myrtle Beach, SC.
    What are key features of this property?
    This property features: - Located on Main Street in North Myrtle Beach, SC; - 5,000 +/- SF building; - Currently under renovation
    (843) 315-6061
    Request Owner's contact information
    504 Main St North Myrtle Beach, SC 29582
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    504 Main St
    North Myrtle Beach, SC 29582
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    504 Main St North Myrtle Beach, SC 29582
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Hunter Platt
    Hunter Platt
    Real Estate License ID: 37912
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!