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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Auto shops
1204 33rd S Ave North Myrtle Beach, SC 29582
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1848583
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1983
Construction
CONCRETE
Total area
2,950 SF
Lot
0.36 ac (15,682 SF)
Zoning code
LI
APN
358-13-01-0031
UPID
US77-1848583
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
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$595k
Owner & transaction history
Myrtle Beach Investor Auction LLC · 2 yrs held
Myrtle Beach Investor Auction LLC
since 2023
Last sale
$502,550
7 recorded transactions
Zoning & alternative use
LI · North 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 North Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$625,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$935,000
Current use
MEDICAL BUILDING
$890,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $503k (Nov 30 2023)
Last sale anchor
$503k
Nov 30 2023
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
Assessed value
$22,144
Assessed 2023
Previous assessed
$22,144
+0.0% YoY
Assessed land
$9,172
Assessed improvement
$12,972
Land market value
$158,250
Improvement market value
$308,200
Total market value
$466,450
Applied tax rate
500.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Total area
2,950 SF
Lot
0.36 ac (15,682 SF)
Zoning code
LI
APN
358-13-01-0031
UPID
US77-1848583
Jurisdiction
HORRY
Zoning & alternative use
LI · North Myrtle Beach, SC
Zoning LI · permitted uses
LI · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Myrtle Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$935,000
MEDICAL BUILDING
Est. value
$890,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
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
1983
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Myrtle Beach Investor Auction LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1204 33RD AVE S, NORTH MYRTLE BEACH, SC 29582
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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 30, 2023
$502,550
Myrtle Beach Investor Auction LLC
Red Barn Mechanics LLC
Warranty Deed
—
Apr 5, 2021
$320,000
Red Barn Mechanics LLC
Harry A Karetas
Warranty Deed
$398,000 · First Palmetto
Sep 10, 2018
—
Harry A Karetas
—
Deed
related
$368,000 · First Reliance Bk
Jul 29, 2013
$210,000
Harry A Karetas
Cnty St Bk Horry
Grant Deed
$244,000 · Horry Cnty St Bk
Nov 27, 2012
—
Horry Cnty St Bk
James H Mccollum JR.
Grant Deed
related
—
Apr 20, 2001
—
James H Mccollum JR.
—
Deed Of Trust
related
—
—
—
Harry A Karetas
—
Deed Of Trust
related
$368,000 · First Reliance Bk
—
—
Mccollum,james H JR
—
Deed Of Trust
related
$163,000 · Horry Cnty St 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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