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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Warehouses
1104 Water Ave Surfside Beach, SC 29575-5665
Entity Owned
7-yr Hold
Free & Clear
Property ID
US77-2814995
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Construction
STEEL FRAME
Total area
4,400 SF
Lot
2.18 ac (94,961 SF)
Zoning code
HC
APN
459-06-03-0039
UPID
US77-2814995
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
$735k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$890k
Owner & transaction history
Sidney Hospitality LLC · 7 yrs held
Sidney Hospitality LLC
since 2018
7 recorded transactions
Zoning & alternative use
HC · Surfside Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+91.5%
Retail stores
$895,000
+29.1%
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 Surfside Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surfside 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
$735,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$690,000
Current use
MEDICAL BUILDING
$1,325,000
Change: +91% · Conversion: Difficult
RETAIL STORES
$895,000
Change: +29% · Conversion: Moderate
OFFICE BUILDING
$590,000
Change: -15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$575,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$202 / 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
$22,710
Tax year 2023
Assessed value
$102,002
Assessed 2023
Previous assessed
$102,002
+0.0% YoY
Effective rate
22.26%
On assessed value
Assessed land
$22,646
Assessed improvement
$79,356
Land market value
$377,440
Improvement market value
$1,322,600
Total market value
$1,700,040
Applied tax rate
600.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
SOLAR
Cooling
CENTRAL
Buildings
8
Total area
4,400 SF
Lot
2.18 ac (94,961 SF)
Zoning code
HC
APN
459-06-03-0039
UPID
US77-2814995
Jurisdiction
HORRY
Zoning & alternative use
HC · Surfside Beach, SC
Zoning HC · permitted uses
HC · Surfside Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Surfside Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$690,000
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$895,000
OFFICE BUILDING
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$575,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1998
Construction
STEEL FRAME
Heating
SOLAR
Cooling
Yes
Buildings
8
Lot
2.18 ac
Current owner
From public records · entity-resolved
Sidney Hospitality LLC
Entity
Free & Clear · 7 yrs held
Mailing address
322 E 37TH ST, SCOTTSBLUFF, NE 69361-4609
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2018
—
Sidney Hospitality LLC
—
Deed
related
$3,000,000 · Union Bk&tr
Sep 4, 2018
$1,850,000
Sidney Hospitality LLC
P & M Trading INC
Warranty Deed
—
Sep 16, 2011
$595,000
P & M Trading INC
Roblyer & Associates LLC
Grant Deed
—
Feb 12, 2008
$855,000
Roblyer & Associates LLC
Carolina Coast Properties INC
Warranty Deed
$680,000 · Conway Nat'l Bk
Jul 11, 2007
—
Eleven Sac Self-storage Corp
—
Grant Deed
related
$67,910,000 · Morgan Stanley Mtg Cap Holding
Jun 29, 2000
$195,000
Surfside Mini Storage INC
—
Grant Deed
related
—
—
—
Sidney Hospitality LLC
—
Deed Of Trust
related
$3,000,000 · Union Bk&tr
—
—
P & M Trading INC
—
Deed Of Trust
related
$462,000 · Conway Nat'l 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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