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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
1006 6th S Ave North Myrtle Beach, SC 29582-3319
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-1351989
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
3,432 SF
Lot
0.56 ac (24,394 SF)
Zoning code
OC
APN
357-04-03-0011
UPID
US77-1351989
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
-
Dr. Kevin Sattele Physician
-
Twin Oaks Custom Homes LLC Construction Company General Contractor
-
Weaver Engineering Inc Civil Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$614k
Blend (final)
Blend
$670k
Owner & transaction history
North Myrtle Beach City Of · 1 yrs held
North Myrtle Beach City Of
since 2025
Last sale
$700,000
5 recorded transactions
Zoning & alternative use
OC · North Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+40.9%
Medical building
$1.0M
+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
$595,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$770,000
Current use
AUTO REPAIR, GARAGE
$1,085,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$1,035,000
Change: +34% · Conversion: Easy
WAREHOUSE, STORAGE
$630,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $700k (Feb 21 2025)
Last sale anchor
$700k
Feb 21 2025
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
$195 / 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
$6,001
Tax year 2023
Assessed value
$26,168
Assessed 2023
Previous assessed
$26,168
+0.0% YoY
Effective rate
22.93%
On assessed value
Assessed land
$15,038
Assessed improvement
$11,130
Land market value
$266,370
Improvement market value
$262,800
Total market value
$529,170
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
1990
Heating
SOLAR
Cooling
CENTRAL
Total area
3,432 SF
Lot
0.56 ac (24,394 SF)
Zoning code
OC
APN
357-04-03-0011
UPID
US77-1351989
Jurisdiction
HORRY
Zoning & alternative use
OC · North Myrtle Beach, SC
Zoning OC · permitted uses
OC · 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
$770,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$630,000
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
1990
Heating
SOLAR
Cooling
Yes
Lot
0.56 ac
Current owner
From public records · entity-resolved
North Myrtle Beach City Of
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 750, NORTH MYRTLE BEACH, SC 29597-0750
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
$700,000
North Myrtle Beach City Of
Ben P Powell
Warranty Deed
—
Dec 12, 2007
—
Powell,benjamin P III
Ben P JR
Quit Claim Deed
related
—
Dec 12, 2007
$293,300
Powell,ben P JR & Susan S
Benjamin P Powell III
Grant Deed
related
—
Feb 26, 2004
—
Ben P Powell JR.
—
Grant Deed
related
—
—
—
Powell,ben P JR & Susan S
—
Deed Of Trust
related
$350,000 · Susan S Powell
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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