Financial
Distress signals
Property profile

4702 Oleander Dr Myrtle Beach, SC 29577

FOR SALE
Office buildings
Property ID
US77-1970172
9,432 SF 0.7 ac lot Built 1987
Last sale Jul 2024 · $1,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Heaton Building is a well-maintained two-story brick office building configured for professional and medical-adjacent uses. The layout includes reception and waiting areas, conference rooms, private offices, open workspace configurations, kitchen/break areas, multiple restrooms, and storage space, with the upper level featuring 16 office units and the ground floor providing two large suites. The property sits on a 0.70-acre lot and includes 33 parking spaces. It is located within Myrtle

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$51k
Assessed land$15k
Assessed improvement$37k
Effective rate26.25%

Value estimate

· Sep 2026
$1.53M
$1.38M – $1.68M
AI approach$1.67M
CAP approach$1.90M
Sales comparison$1.67M
NOI build-up
Gross scheduled income$181k
Vacancy & credit loss−$27k
Operating expenses−$38k
NOI · 5.37% cap applied$115k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$244/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$177 – $368

Cap rate analysis

How does the asset earn?
5.37%
$115k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OPI
JurisdictionHORRY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop20.0
Wholesale Shop18.9
Building Supply18.0

Location

4702 Oleander Dr Myrtle Beach, SC 29577
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2401 Hwy 17th S, Myrtle Beach, SC 29577 $3,000,000 May 2025 9,771 SF
4953 Hwy 17th S, Myrtle Beach, SC 29577-6684 $1,250,000 Mar 2025 7,880 SF
1000 29th N, Myrtle Beach, SC 29577-3171 $3,100,000 Mar 2025 15,882 SF
2103 Farlow, Myrtle Beach, SC 29577-3167 $185,000 Apr 2023 6,161 SF
1445 Cannon, Myrtle Beach, SC 29577-5596 $1,325,000 Sep 2022 6,000 SF
3023 Church, Myrtle Beach, SC 29577-5820 $2,300,000 Jun 2022 11,454 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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