Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11750 Frontage Rd Murrells Inlet, SC 29576
    Back to Search
    Property profile & analytics

    11750 Frontage Rd, Murrells Inlet, SC 29576

    View on Map
    • Warehouses
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 11750 Frontage Rd

    Property type
    Warehouses
    Property subtype
    Specialty properties

    Description

    This exceptional Murrells Inlet property, located at 11750 Frontage Road, offers a unique blend of office, warehouse, and manufacturing space. The property consists of two buildings totaling approximately 6,000 square feet, situated on a lot with 81 feet of frontage. The northern building features a dedicated office area, a showroom, and a paint booth, making it ideal for a variety of businesses. Multiple bay doors provide convenient access for loading and unloading. The buildings are connected by a covered breezeway, offering protection from the elements. The southern building adds to the versatile space. This single-tenant property is zoned HC and boasts a Horry County APN of 46313010082. Constructed in 1993, this property presents a solid investment opportunity in a prime Murrells Inlet location. The property is classified as Office, Industrial, and Special Purpose, encompassing Manufacturing, Warehouse, Distribution, and Creative Office subtypes. This versatile space is perfect for a business seeking a combination of office and industrial functionality. The property's location in Murrells Inlet, South Carolina (zip code 29576), offers easy access to major transportation routes and amenities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Murrells Inlet
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0258
    Latitude
    33.5923

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      11772 Frontage Rd

      Distribution properties
      11772 Frontage Rd, Murrells Inlet, SC 29576
      View Details
    • Value Estimation by Request
      1,500 SF

      9751 Moose Rd. Moose Park

      Distribution properties
      9751 Moose Rd. Moose Park, Murrells Inlet, SC 29576
      View Details
    • Value Estimation by Request
      4,934 SF

      600 Garden St

      Office Units
      600 Garden St, Murrells Inlet, SC 29576
      View Details
    • Value Estimation by Request
      52,197 SF

      3320 Us-17 Bus

      Office Units
      3320 Us-17 Bus, Murrells Inlet, SC 29576
      View Details
    • Value Estimation by Request
      1,619 SF

      226 Crk Harbour Cir

      CHARITABLE ORGANIZATION
      226 Crk Harbour Cir, Murrells Inlet, SC 29576
      View Details
    • Value Estimation by Request
      2,700 SF

      601 Greenway Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      601 Greenway Blvd, Murrells Inlet, SC 29576
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Versatile Myrtle Beach Investment Opportunity

      Campus property with office, warehouse, and surplus land in Myrtle Beach.
      9250 Highway 17 Byp, Murrells Inlet, SC 29576
      View Details
    • Contact for pricing
      9,563 SF

      Murrells Inlet Cracker Barrel Investment

      NNN leased Cracker Barrel with long term passive income.
      1303 Tadlock Dr, Murrells Inlet, SC 29576
      View Details
    • $119,900
      Pending

      Marlin Quay Marina Boat Slip

      Boat slip in a prime Murrells Inlet marina.
      1508 S Waccamaw Dr, Murrells Inlet, SC 29576
      View Details
    • Contact for pricing
      6,000 SF

      Retail Duplex at Inlet Commons

      6,000 SF retail duplex in Murrells Inlet, South Carolina.
      12182 Highway 17 Byp N, Murrells Inlet, SC 29576
      View Details
    • $2,990,000
      16,000 SF

      Murrells Inlet Commercial Redevelopment Opportunity

      2.9-acre commercial property near Marsh Walk with redevelopment potential.
      3986 Highway 17 Business, Murrells Inlet, SC 29576
      View Details
    • $750,000
      0.89 Acres

      Commercial Land in Murrells Inlet

      Commercial land suitable for restaurant, medical, or retail development.
      4540 Highway 17 S, Murrells Inlet, SC 29576
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo
      2,200 SF

      Office Warehouse in Murrells Inlet

      Office warehouse building for lease with great location and visibility.
      11772 S Highway 17 Byp, Murrells Inlet, SC 29576
      View Details
    • $3,000 /Mo
      1,625 SF

      New Flex Development in Murrells

      New construction flex space with build-to-suit options.
      4960 Highway 17, Murrells Inlet, SC 29576
      View Details
    • Contact for pricing

      Professional Office Suite in Murrells

      Executive office suite with shared amenities on Highway 17.
      3955 Highway 17, Murrells Inlet, SC 29576
      View Details
    • Contact for pricing
      2,420 SF

      Office Space in Murrells Inlet

      2,420 SF office space available for rent 8/15/24.
      600 Garden City Connector, Murrells Inlet, SC 29576
      View Details
    • $1,650 /Mo
      900 SF

      Office Space in Murrells Inlet

      900 sq ft office space on Highway 17 Bypass.
      3940 Highway 17 S, Murrells Inlet, SC 29576
      View Details
    • $1,500 /Mo
      1,000 SF

      Office Space in Murrells Inlet

      Office space for lease in the heart of Murrells Inlet.
      889 Inlet Square Dr, Murrells Inlet, SC 29576
      View Details
    Request Owner's contact information
    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.
    11750 Frontage Rd
    Murrells Inlet, SC 29576
    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
    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

    Thank You for Inquiry
    11750 Frontage Rd, Murrells Inlet, SC, 29576
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!