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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office buildings
12432 Hwy 707, Murrells Inlet, SC 29576-9719
Entity Owned
10-yr Hold
Free & Clear
Property ID
US77-2106970
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
2,378 SF
Lot
1.84 ac (80,150 SF)
APN
469-10-02-0003
UPID
US77-2106970
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
$565k
CAP Approach
CAP
$480k
Comparable Approach
Comparable
$794k
Blend (final)
Blend
$650k
Owner & transaction history
Beach Bound Properties LLC · 10 yrs held
Beach Bound Properties LLC
since 2016
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$750,000
+40.9%
Medical building
$715,000
+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
$565,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$480,000
7%
$445,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$535,000
Current use
AUTO REPAIR, GARAGE
$750,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$715,000
Change: +34% · Conversion: Easy
RETAIL STORES
$440,000
Change: -17% · Conversion: Moderate
WAREHOUSE, STORAGE
$435,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$273 / 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
$7,511
Tax year 2023
Assessed value
$34,764
Assessed 2023
Effective rate
21.61%
On assessed value
Assessed land
$20,424
Assessed improvement
$14,340
Land market value
$340,400
Improvement market value
$239,000
Total market value
$579,400
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
1960
Heating
NONE
Total area
2,378 SF
Lot
1.84 ac (80,150 SF)
APN
469-10-02-0003
UPID
US77-2106970
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$535,000
AUTO REPAIR, GARAGE
Est. value
$750,000
MEDICAL BUILDING
Est. value
$715,000
RETAIL STORES
Est. value
$440,000
WAREHOUSE, STORAGE
Est. value
$435,000
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
1960
Heating
NONE
Lot
1.84 ac
Current owner
From public records · entity-resolved
Beach Bound Properties LLC
Entity
Free & Clear · 10 yrs held
Mailing address
647 N CREEKSIDE DR, MURRELLS INLET, SC 29576-7734
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2016
$82,000
Beach Bound Properties LLC
Fargo Bk NA Wells
Grant Deed
—
Jul 16, 2012
$129,183
Wells Fargo Bk NA
Master In Equity Of Horry Cnty
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Mar 20, 2009
—
Graham,lewis P JR & Mary A
Lewis P Graham SR.
Quit Claim Deed
related
—
Mar 30, 2001
$77,000
Lewis P Graham
—
Grant Deed
—
—
—
Graham,lewis P & Mary
—
Deed Of Trust
related
$227,105 · Wachovia 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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