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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Office Spaces
13 Muddy Bay Dr Murrells Inlet, SC 29576-5792
Individually Owned
Absentee Owner
Free & Clear
Property ID
US77-2281797
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2018
Construction
WOOD
Total area
7,050 SF
Lot
21.44 ac (933,926 SF)
APN
41-0119-030-00-00
UPID
US77-2281797
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
$1.09M
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.13M
Owner & transaction history
Ccc Waterleaf At Murrells Inlet De
Ccc Waterleaf At Murrells Inlet De
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+56.3%
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
$1,090,000
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$740,000
Current use
RESTAURANT
$1,155,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±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
$160 / 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
$405,360
Tax year 2023
Assessed value
$1,572,910
Assessed 2023
Previous assessed
$1,572,910
+0.0% YoY
Effective rate
25.77%
On assessed value
Assessed land
$159,760
Assessed improvement
$1,413,150
Land market value
$2,662,700
Improvement market value
$23,552,500
Total market value
$26,215,200
Applied tax rate
41.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2018
Construction
WOOD
Heating
NONE
Buildings
14
Stories
1
Bathrooms
432
Total area
7,050 SF
Lot
21.44 ac (933,926 SF)
APN
41-0119-030-00-00
UPID
US77-2281797
Jurisdiction
GEORGETOWN
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
COMMERCIAL (GENERAL) Current
Est. value
$740,000
RESTAURANT
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
2018
Construction
WOOD
Heating
NONE
Stories
1
Buildings
14
Bathrooms
432
Lot
21.44 ac
Current owner
From public records · entity-resolved
Ccc Waterleaf At Murrells Inlet De
Individual
Free & Clear · 0 yrs held
Mailing address
APARTMENTS ST S LLC #200, GREENVILLE, SC 29601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
—
Ccc Waterleaf At Murrells Inlet De
Waterleaf Murrells Inlet Apartments
Quitclaim Deed
related
—
Dec 3, 2025
$10,000
Ccc Waterleaf At Murrells Inlet De
Waterleaf Murrells Inlet Apartments
Warranty Deed
—
Nov 15, 2023
—
Encore At Murrells Inlet Townhomes
—
Deed
related
$24,983,000 · Berkeley Point Capital LLC
Mar 25, 2019
—
Waterleaf Murrells Inlet Apts
—
Loan Modification
related
$29,423,300 · Prudential Huntoon Paige Assoc
Dec 19, 2016
—
Waterleaf Of Murrells Inlet Apart
—
Deed
related
$29,713,600 · Prudential Huntoon Paige Assoc
Oct 11, 2016
$514,400
Alfred H Abernethy JR
Mcdowell Cut Partners LLC
Grant Deed
—
Jun 15, 2015
$1,800,000
Mcdowell Cut Partners LLC
Woodland Co Of Murrells Inlet LLC
Grant Deed
—
Jan 28, 2002
—
Woodland,co P
—
Grant Deed
related
—
—
—
Waterleaf Of Murrells Inlet Apart
—
Deed Of Trust
related
$29,713,600 · Prudential Huntoon Paige Assoc
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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