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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Office buildings
11883 Plz Dr, Murrells Inlet, SC 29576-9351
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US77-2813786
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
3,950 SF
Lot
0.53 ac (23,087 SF)
Zoning code
HC
APN
469-04-01-0015
UPID
US77-2813786
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
$795k
Comparable Approach
Comparable
$900k
Blend (final)
Blend
$865k
Owner & transaction history
Rwl Holdings LLC · 11 yrs held
Rwl Holdings LLC
since 2014
7 recorded transactions
Zoning & alternative use
HC · Murrells Inlet, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+40.9%
Medical building
$1.2M
+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 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%
$860,000
6.5%
$795,000
7%
$735,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$885,000
Current use
AUTO REPAIR, GARAGE
$1,250,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$1,190,000
Change: +34% · Conversion: Easy
RETAIL STORES
$735,000
Change: -17% · Conversion: Moderate
WAREHOUSE, STORAGE
$725,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$219 / 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
Assessed value
$31,287
Assessed 2023
Assessed land
$13,754
Assessed improvement
$17,533
Land market value
$229,240
Improvement market value
$373,100
Total market value
$602,340
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Heating
SOLAR
Cooling
CENTRAL
Total area
3,950 SF
Lot
0.53 ac (23,087 SF)
Zoning code
HC
APN
469-04-01-0015
UPID
US77-2813786
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$735,000
WAREHOUSE, STORAGE
Est. value
$725,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1998
Heating
SOLAR
Cooling
Yes
Lot
0.53 ac
Current owner
From public records · entity-resolved
Rwl Holdings LLC
Entity
Mailing address
707 S PARKER DR, FLORENCE, SC 29501-6062
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2014
$470,000
Rwl Holdings LLC
Fpia LLC
Warranty Deed
related
$395,250 · South St Bk
Apr 8, 2013
—
Fpia LLC
Scott J Willis
Deed Of Trust
related
$2,070,000 · Coastal Carolina Nat'l Bk
Nov 28, 2007
$675,000
Willis,scott J
Gso LLC
Warranty Deed
$573,000 · First Fed'l S&l/charleston
Mar 12, 2002
—
Gso LLC
—
Grant Deed
related
—
Nov 30, 2001
$487,500
Stephan C Ouverson
—
Grant Deed
—
Apr 24, 2001
—
Ruffin Mims Decamps LLC
—
Deed Of Trust
related
—
—
—
Fpia LLC
—
Deed Of Trust
related
$240,000 · Coastal Carolina Nat'l Bk
—
—
Willis,scott J
—
Deed Of Trust
related
$1,160,000 · South Carolina Bk&tr NA
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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