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Property profile & analytics
OFF-MARKET
Estimated value
$3,160,000
Hotels
101 Ocean Blvd Myrtle Beach, SC 29577
Entity Owned
11-yr Hold
Free & Clear
Property ID
US77-2101544
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1986
Construction
CONCRETE
Total area
35,808 SF
Lot
22.77 ac (991,861 SF)
Zoning code
TA8
APN
443-12-02-0380
UPID
US77-2101544
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
-
Surfside Beach 7th Ave S Golf Cart Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.54M
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$3.16M
Owner & transaction history
Smith Family Partners LLC · 11 yrs held
Smith Family Partners LLC
since 2014
7 recorded transactions
Zoning & alternative use
TA8 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,825,000
6.5%
$3,535,000
7%
$3,280,000
Blend value · Realmo final
$3.16M
Range $2.84M – $3.48M · ±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
$88 / 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
$35,346
Tax year 2023
Assessed value
$124,807
Assessed 2023
Effective rate
28.32%
On assessed value
Assessed land
$67,565
Assessed improvement
$57,242
Land market value
$1,207,700
Improvement market value
$1,739,500
Total market value
$2,947,200
Applied tax rate
893.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Total area
35,808 SF
Lot
22.77 ac (991,861 SF)
Zoning code
TA8
APN
443-12-02-0380
UPID
US77-2101544
Jurisdiction
HORRY
Zoning & alternative use
TA8 · Myrtle Beach, SC
Zoning TA8 · permitted uses
TA8 · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Lot
22.77 ac
Current owner
From public records · entity-resolved
Smith Family Partners LLC
Entity
Free & Clear · 11 yrs held
Mailing address
102 N OCEAN BLVD, MYRTLE BEACH, SC 29577-4042
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2014
—
Smith Family Partners LLC
Dennis L Smith
Quit Claim Deed
related
—
Sep 30, 2009
—
Smith Family Partners LLC
—
Grant Deed
related
$30,332,948 · Carolina First Bk
Oct 27, 2008
—
Smith Family Partners LLC
—
Loan Modification
related
$1,192,250 · Carolina First Bk
Sep 13, 2006
—
Smith,dennis L & Martha J
—
Grant Deed
related
$47,715,000 · Carolina First Bk
Dec 10, 2004
—
Smith,martha J
Dennis L Smith
Quit Claim Deed
related
—
Sep 21, 2004
$8,000,000
Smith,dennis L & Dennis L JR
Jessie B Kreidler
Grant Deed
—
—
—
Smith Family Partners LLC
—
Loan Modification
related
$26,801 · Carolina First Bk
—
—
Smith Family Partners LLC
—
Deed Of Trust
related
$8,690,000 · Crescom Bk
—
—
Smith Family Partners LLC
—
Loan Modification
related
$1,192,250 · Carolina First Bk
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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