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Property profile & analytics
OFF-MARKET Estimated value $755,000
Strip malls

121 Gtwy Rd Myrtle Beach, SC 29579-5400

13,000 SF 1.6 ac lot Built 2007
Entity Owned Free & Clear
Property ID
US77-1827734
Property summary
AI-generated overview

Grand Plaza offers 13,500 square feet of Class B retail space in a single, one-story building constructed in 2007. Located in the rapidly growing Carolina Forest area of Horry County, this property enjoys high visibility and accessibility due to its location just off Carolina Forest Boulevard, adjacent to Carolina Forest Elementary School, and with convenient access to Highway 501 and Interstate 31. The center features a total of seven suites, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 3,000 square feet. Currently, there is at least one suite available. Ample parking is provided with 45 spaces available for tenants and customers. This property presents a unique opportunity for businesses seeking to capitalize on the expanding population and strong residential base of the Carolina Forest area. The property's strategic location ensures high traffic volume and excellent exposure to potential customers. The building's layout is designed to accommodate a variety of retail uses, making it an ideal location for businesses of all sizes. Invest in a thriving community with this exceptional retail space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction CONCRETE
Total area 13,000 SF
Lot 1.6 ac (69,696 SF)
APN 399-12-01-0099
UPID US77-1827734
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
  • RKM Training Training Center Sports School
  • Pure Life Massage Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$565k
Blend (final) Blend
$755k
Owner & transaction history
Woodle Capital LLC
Woodle Capital LLC
since 2026
7 recorded transactions
2026
Price N/A
2022
Price N/A
2021
$1.3M
2020
Price N/A
2014
$1.2M
2013
Price N/A
2007
$390,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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