Financial
Distress signals
Property profile

1293 Professional Dr Myrtle Beach, SC 29577

FOR SALE
Office buildings
Property ID
US77-2000228
10,280 SF 0.61 ac lot Built 1996
Last sale Sep 2025 · $2,330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional two-story, 10,040 square foot Class B office building presents a compelling owner-user opportunity in Myrtle Beach, South Carolina's thriving Oleander Drive Office District. Situated on a 0.61-acre lot, this property boasts 32 parking spaces and is conveniently located near major roadways, including Highway 17 Bypass and Grissom Parkway, ensuring easy access for employees and clients. The building, constructed in 1996, features two units, currently at 73% occupancy with a

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?
$12k
Tax billed · 2023
Assessed value$53k
Assessed land$22k
Assessed improvement$31k
Effective rate22.26%

Value estimate

· Sep 2026
$570k
$513k – $627k
CAP approach$2.07M
Sales comparison$1.82M
NOI build-up
Gross scheduled income$197k
Vacancy & credit loss−$30k
Operating expenses−$42k
NOI · 3.65% cap applied$126k

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?
3.65%
$126k 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 Shop19.1
Wholesale Shop18.9
Building Supply18.0

Location

1293 Professional Dr Myrtle Beach, SC 29577
County assessor Recorded deeds · 1 transfer 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 · 16 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
4702 Oleander, Myrtle Beach, SC 29577-5744 $1,250,000 Apr 2024 9,432 SF
2103 Farlow, Myrtle Beach, SC 29577-3167 $185,000 Apr 2023 6,161 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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