Financial
Distress signals
Property profile

1204 S Kings Hwy Myrtle Beach, SC 29577

FOR SALE
Drive through restaurants
Property ID
US77-1926715
2,741 SF 0.67 ac lot Built 1977
Last sale May 2013 · $2,150,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2,741-square-foot former Captain D’s Restaurant building located at 1204 S. Kings Highway in Myrtle Beach, South Carolina, on a 0.68-acre site with 43 parking spaces. It is positioned near Coastal Grande Mall, The Market Common, Myrtle Beach National Airport, 2nd Avenue Pier, Myrtle Beach State Park, and The Boardwalk on Ocean Boulevard, approximately 1,000 feet from the Atlantic Ocean and about one mile from Highway 501 at the Kings Highway intersection. The site is zoned HC

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$46k
Assessed land$30k
Assessed improvement$15k
Effective rate27.32%

Value estimate

· Sep 2026
$555k
$500k – $611k
AI approach$555k
Sales comparison$482k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$2k
Operating expenses−$15k
NOI · 3.77% cap applied$45k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$231/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$140 – $408

Cap rate analysis

How does the asset earn?
3.77%
$45k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionHORRY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.2
Auto Parts Store9.1
Tailor Shop8.9

Location

1204 S Kings Hwy Myrtle Beach, SC 29577
County assessor Recorded deeds · 4 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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