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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Mobile home & RV parks
128 Offshore Dr Murrells Inlet, SC 29576-7802
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-0837960
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1976
Construction
STEEL FRAME
Total area
2,792 SF
Lot
78.28 ac (3,409,877 SF)
Zoning code
MHP
APN
469-00-00-0002
UPID
US77-0837960
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
$965k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$1.42M
Owner & transaction history
Burroughs Brothers Props INC · 15 yrs held
Burroughs Brothers Props INC
since 2010
5 recorded transactions
Zoning & alternative use
MHP · Murrells Inlet, 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 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
$965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±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
$507 / 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
$92,062
Tax year 2023
Assessed value
$316,935
Assessed 2023
Effective rate
29.05%
On assessed value
Assessed land
$197,146
Assessed improvement
$119,789
Land market value
$4,197,600
Improvement market value
$5,394,600
Total market value
$9,592,200
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Buildings
8
Total area
2,792 SF
Lot
78.28 ac (3,409,877 SF)
Zoning code
MHP
APN
469-00-00-0002
UPID
US77-0837960
Jurisdiction
HORRY
Zoning & alternative use
MHP · Murrells Inlet, SC
Zoning MHP · permitted uses
MHP · Murrells Inlet, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murrells Inlet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Buildings
8
Lot
78.28 ac
Current owner
From public records · entity-resolved
Burroughs Brothers Props INC
Entity
Mailing address
902 4TH AVE, CONWAY, SC 29526-5145
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Aug 31, 2010
—
Burroughs Brothers Props INC
—
Grant Deed
related
$3,771,500 · Bank Of America
May 6, 2009
—
Worsley Operating Corp
—
Grant Deed
related
$6,000,000 · Private Individual
Aug 26, 2008
—
Worsley Operating Corp
—
Grant Deed
related
$37,500,000 · National Cty Busn Credit
Nov 4, 2002
—
Gcl& B LLC
—
Grant Deed
related
—
—
—
G C L & B LLC
—
Deed Of Trust
related
$800,000 · Conway Nat'l 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.
Try Rey
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