Financial
Distress signals
Property profile

5002 Watergate Dr Myrtle Beach, SC 29588

FOR SALE
Retail space
Property ID
US77-1656712
1,650 SF 0.33 ac lot Built 1971
Last sale Dec 2025 · $435,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$1k
Tax billed · 2023
Assessed value$6k
Assessed land$4k
Assessed improvement$2k
Effective rate22.35%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$203/SF
Submarket average, outlier-cleaned · 99 recorded sales of this use type
Observed band · Q1–Q3$121 – $290

Cap rate analysis

How does the asset earn?
9.74%
$21k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHORRY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.4
Dental Office14.0
Realty agency13.3

Location

5002 Watergate Dr Myrtle Beach, SC 29588
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
5019 Dick Pond, Myrtle Beach, SC 29588-6822 $1,668,909 Mar 2025 2,752 SF
6409 Dick Pond, Myrtle Beach, SC 29588-9276 $275,000 Jul 2024 1,703 SF
7981 Hwy 544, Myrtle Beach, SC 29588-9243 $600,000 Nov 2022 1,600 SF
7613 Hwy 544, Myrtle Beach, SC 29588-9212 $416,000 May 2022 1,485 SF
4211 Peachtree, Myrtle Beach, SC 29588-9321 $725,000 Nov 2021 1,000 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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