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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
11050 Hwy 17th Byp, Murrells Inlet, SC 29576-9347
Entity Owned
13-yr Hold
Free & Clear
Property ID
US77-1667093
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1988
Construction
STEEL FRAME
Total area
1,500 SF
Lot
1.06 ac (46,174 SF)
Zoning code
HC
APN
462-08-01-0010
UPID
US77-1667093
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tafi Group LLC · 13 yrs held
Tafi Group LLC
since 2013
7 recorded transactions
Zoning & alternative use
HC · Murrells Inlet, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,831
Tax year 2023
Assessed value
$38,504
Assessed 2023
Previous assessed
$38,504
+0.0% YoY
Effective rate
22.94%
On assessed value
Assessed land
$27,704
Assessed improvement
$10,800
Land market value
$461,740
Improvement market value
$180,000
Total market value
$641,740
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
SOLAR
Cooling
CENTRAL
Total area
1,500 SF
Lot
1.06 ac (46,174 SF)
Zoning code
HC
APN
462-08-01-0010
UPID
US77-1667093
Jurisdiction
HORRY
Zoning & alternative use
HC · Murrells Inlet, SC
Zoning HC · permitted uses
HC · 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.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
SOLAR
Cooling
Yes
Lot
1.06 ac
Current owner
From public records · entity-resolved
Tafi Group LLC
Entity
Free & Clear · 13 yrs held
Mailing address
272 RUM GULLY RD, MURRELLS INLET, SC 29576-7723
Ownership since
2013
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
Feb 25, 2013
$450,000
Tafi Group LLC
Prakash C Patel
Grant Deed
—
Jul 6, 2011
—
Patel,prakash C & Mita P
Moniraaj LLC
Quit Claim Deed
related
—
Apr 29, 2011
—
Patel,prakash C & Mita P
Moniraaj LLC
Deed In Lieu Of Foreclosure
related
—
May 26, 2010
$150,000
Moniraaj LLC
Prakash C Patel
Grant Deed
—
Jul 10, 2001
$65,000
Prakash C Patel
—
Grant Deed
—
—
—
Tafi Group LLC
—
Deed Of Trust
related
$350,000 · South Atlantic Bk
—
—
Moniraaj LLC
—
Deed Of Trust
related
$650,000 · Prakash C & Mita P Patel
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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