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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Retail space
107 Atlantic Ave Murrells Inlet, SC 29576-8009
Entity Owned
9-yr Hold
Property ID
US77-0520118
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
WOOD
Total area
6,552 SF
Lot
0.13 ac (5,663 SF)
Zoning code
CC
APN
470-06-03-0111
UPID
US77-0520118
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$920k
Owner & transaction history
Dc Boys Atlantic Ave LLC · 9 yrs held
Dc Boys Atlantic Ave LLC
since 2017
7 recorded transactions
Zoning & alternative use
CC · Murrells Inlet, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+20.9%
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 Murrells Inlet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murrells Inlet 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,215,000
Current use
OFFICE BUILDING
$1,470,000
Change: +21% · Conversion: Easy
WAREHOUSE, STORAGE
$1,200,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$140 / 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
$7,724
Tax year 2023
Assessed value
$35,652
Assessed 2023
Effective rate
21.66%
On assessed value
Assessed land
$13,440
Assessed improvement
$22,212
Land market value
$224,000
Improvement market value
$370,200
Total market value
$594,200
Applied tax rate
610.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
SOLAR
Cooling
CENTRAL
Total area
6,552 SF
Lot
0.13 ac (5,663 SF)
Zoning code
CC
APN
470-06-03-0111
UPID
US77-0520118
Jurisdiction
HORRY
Zoning & alternative use
CC · Murrells Inlet, SC
Zoning CC · permitted uses
CC · Murrells Inlet, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murrells Inlet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.2M
RETAIL STORES Current
OFFICE 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
1958
Construction
WOOD
Heating
SOLAR
Cooling
Yes
Lot
0.13 ac
Current owner
From public records · entity-resolved
Dc Boys Atlantic Ave LLC
Entity
Mailing address
11919 PLZ DR, MURRELLS INLET, SC 29576-9356
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2017
$500,000
Dc Boys Atlantic Ave LLC
Lee A & R B Trust
Grant Deed
$245,000 · Restated Amended & Betty L
Jun 18, 2014
$1,100,000
Lee,betty Trust
Bill Ferguson
Deed In Lieu Of Foreclosure
—
May 23, 2014
$1,100,000
Bill Ferguson
Lee Betty Trust
Grant Deed
$1,000,000 · Lee Betty Trust (pt)
Mar 21, 2014
—
Lee,betty Trust
Kimberly Bledsoe
Deed In Lieu Of Foreclosure
related
—
Mar 14, 2012
$1,500,000
Bledsoe,kimberly & Ernest
Lee Betty Trust
Grant Deed
$1,350,000 · Lee Betty Trust (pt)
Apr 20, 2011
—
Lee,betty Trust
Seaside Investment Group LLP
Deed In Lieu Of Foreclosure
related
—
Dec 28, 2009
—
Seaside Investment Group LLP
Collins Foods INC
Warranty Deed
related
—
Jul 2, 2008
$1,200,000
Collins Foods INC
Lee Betty Trust
Grant Deed
—
—
—
Collins Foods INC
—
Deed Of Trust
related
$1,105,000 · Lee Betty Trust (tr)
—
—
Collins Foods INC
—
Loan Modification
related
$1,084,316 · Lee Betty Trust (pt)
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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