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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Grocery and convenience stores
1205 Dick Pond Rd Myrtle Beach, SC 29575-5502
Entity Owned
11-yr Hold
Free & Clear
Property ID
US77-2045188
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1978
Total area
3,200 SF
Lot
0.47 ac (20,473 SF)
Zoning code
HC
APN
459-06-03-0016
UPID
US77-2045188
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
Current use
Occupant on record · Public records
-
Red Door Realty Real Estate Agency
-
GOLF CART PROS Golf Cart Dealer
-
Paige Harward, Red Door Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$869k
Blend (final)
Blend
$645k
Owner & transaction history
Inlet Creek Ents LLC · 11 yrs held
Inlet Creek Ents LLC
since 2015
2 recorded transactions
Zoning & alternative use
HC · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$965,000
+129.8%
Retail stores
$650,000
+55.0%
Warehouse, storage
$505,000
+20.0%
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 Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
by Request
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$755,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$420,000
Current use
MEDICAL BUILDING
$965,000
Change: +130% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +55% · Conversion: Easy
WAREHOUSE, STORAGE
$505,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$430,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$5,413
Tax year 2023
Assessed value
$23,948
Assessed 2023
Effective rate
22.60%
On assessed value
Assessed land
$16,772
Assessed improvement
$7,176
Land market value
$283,580
Improvement market value
$178,000
Total market value
$461,580
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1978
Heating
SOLAR
Cooling
CENTRAL
Total area
3,200 SF
Lot
0.47 ac (20,473 SF)
Zoning code
HC
APN
459-06-03-0016
UPID
US77-2045188
Jurisdiction
HORRY
Zoning & alternative use
HC · Myrtle Beach, SC
Zoning HC · permitted uses
HC · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$420,000
MEDICAL BUILDING
Est. value
$965,000
RETAIL STORES
Est. value
$650,000
WAREHOUSE, STORAGE
Est. value
$505,000
OFFICE BUILDING
Est. value
$430,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
OFFICE 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
1978
Heating
SOLAR
Cooling
Yes
Lot
0.47 ac
Current owner
From public records · entity-resolved
Inlet Creek Ents LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1155 DICK POND RD, SURFSIDE BEACH, SC 29575-5504
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2015
$335,000
Inlet Creek Ents LLC
Pantry INC
Grant Deed
—
May 8, 2015
—
Inlet Creek Ents LLC
Pantry INC
Quit Claim Deed
related
—
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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