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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office buildings
1005 Sea Mtn Hwy North Myrtle Beach, SC 29582-2212
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US77-1970173
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2018
Construction
CONCRETE
Total area
2,330 SF
Lot
0.23 ac (10,019 SF)
Zoning code
HC
APN
351-09-03-0066
UPID
US77-1970173
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Together Resorts Luxury Vacation Rentals Vacation Rental Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$532k
Blend (final)
Blend
$510k
Owner & transaction history
Ktad Office Hldgs LLC · 8 yrs held
Ktad Office Hldgs LLC
since 2018
7 recorded transactions
Zoning & alternative use
HC · North Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$735,000
+40.9%
Medical building
$700,000
+34.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Myrtle Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$470,000
7%
$435,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$525,000
Current use
AUTO REPAIR, GARAGE
$735,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$700,000
Change: +34% · Conversion: Easy
WAREHOUSE, STORAGE
$425,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$219 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,194
Tax year 2023
Assessed value
$22,650
Assessed 2023
Effective rate
22.93%
On assessed value
Assessed land
$5,700
Assessed improvement
$16,950
Land market value
$95,000
Improvement market value
$282,500
Total market value
$377,500
Applied tax rate
550.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
NONE
Total area
2,330 SF
Lot
0.23 ac (10,019 SF)
Zoning code
HC
APN
351-09-03-0066
UPID
US77-1970173
Jurisdiction
HORRY
Zoning & alternative use
HC · North Myrtle Beach, SC
Zoning HC · permitted uses
HC · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Myrtle Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$735,000
MEDICAL BUILDING
Est. value
$700,000
WAREHOUSE, STORAGE
Est. value
$425,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
CONCRETE
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ktad Office Hldgs LLC
Entity
Mailing address
1229 38TH AVE N #214, MYRTLE BEACH, SC 29577-1313
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2018
—
Ktad Office Hldgs LLC
Ktad Hldgs LLC
Quit Claim Deed
related
$352,000 · United Cmnty Bk
Feb 17, 2016
$130,000
Ktad Holdings LLC
Oscar O Vasquez
Grant Deed
related
$97,500 · Tidelands Bk
Jul 15, 2015
—
Oscar O Vasquez
Floyd Burnie C JR Trust
Quit Claim Deed
related
—
Oct 24, 2014
—
Oscar O Vasquez
Kendra W Vasquez
Quit Claim Deed
related
—
Apr 19, 2010
—
Vasquez,oscar O & Kendra W
Oscar O Vasquez
Quit Claim Deed
related
—
Sep 12, 2005
$200,000
Vasquez,oscar O
Floyd Faye H Trust
Grant Deed
—
Sep 28, 2001
—
Floyd,burnie C JR Tr
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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