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Financial
Distress signals
Property profile

100 S Kings Hwy Myrtle Beach, SC 29577

FOR LEASE
Drive through restaurants
Property ID
US77-1832772
4,368 SF 0.53 ac lot Built 1970
Last sale Nov 2025 · $600,000
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

A freestanding restaurant property located at 100 S Kings Hwy in Myrtle Beach, positioned on the main highway within the city’s tourist zone. The building features a recently refreshed interior and an operational breakfast-and-lunch restaurant format, with a kitchen outfitted using upgraded kitchen equipment and a point-of-sale system. The premises are configured and equipped with furnishings and restaurant equipment intended for continued restaurant operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$29k
Assessed land$20k
Assessed improvement$10k
Effective rate28.32%

Value estimate

· Oct 2026
$525k
$473k – $578k
AI approach$525k
Submarket $/SF estimate$712k
NOI build-up
Gross scheduled income$92k
Vacancy & credit loss−$2k
Operating expenses−$27k
NOI · 759.47% cap applied$63k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$231/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$140 – $408
Qualifying comparables6

Cap rate analysis

How does the asset earn?
759.47%
$63k 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?
C-2
JurisdictionHORRY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.0
Skin Care Clinic9.0
Garden Center8.9

Location

100 S Kings Hwy Myrtle Beach, SC 29577
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1201 Kings, Myrtle Beach, SC 29577-4504 $88,500 May 2025 3,552 SF
5913 Kings, Myrtle Beach, SC 29577-2329 $390,000 Apr 2025 3,200 SF
2817 Oak, Myrtle Beach, SC 29577-3133 $350,000 Jan 2025 3,625 SF
311 4th S, Myrtle Beach, SC 29577 $1,300,000 Dec 2024 5,318 SF
2204 Kings, Myrtle Beach, SC 29577-3043 $1,200,000 Sep 2024 6,004 SF
Hwy 501, Myrtle Beach, SC 29577 $650,000 Jun 2024 3,825 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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