Entity Owned Property summary
AI-generated overview
This exceptional 60-suite hotel in Myrtle Beach, South Carolina presents a unique investment opportunity. Located just half a block from the beach and steps from the iconic SkyWheel, this immaculate property boasts stunning Atlantic Ocean views from all suites. The 34,113 square foot building features a spacious lobby with multiple lounges, a conference area, and a market. Each suite includes a kitchen, and all corridors are enclosed for enhanced security and privacy. Amenities include a large in-ground pool, a hot tub, two entrances, a commercial laundry facility, guest laundry, and ample storage. The sale includes an additional parcel used as a parking lot situated behind the main building. The property sits on a 0.39-acre lot and is zoned A. This one-story building offers a rare combination of prime location, luxurious amenities, and exceptional ocean views. Financial information and capital expenditures are available upon request. The asking price is $5,900,000, with a price per square foot of $172.95. The property's APN is 44402010439; 44401020046.
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1986
Total area
34,113 SF
Lot
0.36 ac (15,682 SF)
Zoning code
AC3
APN
444-02-01-0439
UPID
US77-1957077
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hotel & Motel
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.37M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$2.96M
Owner & transaction history
since 2010
5 recorded transactions
Zoning & alternative use
AC3 · Myrtle Beach, SC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.96M
Value range
$2.66M – $3.26M
±10% around blend
Estimated value / SF
$87 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$2.66M
blend $2.96M
$3.26M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
34,113 SF
Lot area
0.36 ac
Year built
1986
APN
444-02-01-0439
Zoning
AC3
Assessed value
$123,708
Annual tax
$35,035
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.37M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.65M
@ 6.5% CAP return
$3.37M
@ 7% CAP return
$3.13M
4
Sales comparison
Partial preview
Sales approach indication
$2.59M
Range $1.41M – $6.88M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.96M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 50 sales
$227
-62%
Submarket 56 sales
$235
-63%
County 77 sales
$253
-66%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $87/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$124k
Move the market yield to see immediate price impact.
Value / SF
$4
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$8k
$156k
$111k
$87k
$9k
$173k
$124k
$96k
$10k
$191k
$136k
$106k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$35,035
Tax year 2023
Assessed value
$123,708
Assessed 2023
Previous assessed
$123,708
+0.0% YoY
Effective rate
28.32%
On assessed value
Assessed land
$13,104
Assessed improvement
$110,604
Land market value
$218,400
Improvement market value
$1,843,400
Total market value
$2,061,800
Applied tax rate
893.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1986
Heating
HOT WATER
Cooling
YES
Total area
34,113 SF
Lot
0.36 ac (15,682 SF)
Zoning code
AC3
APN
444-02-01-0439
UPID
US77-1957077
Jurisdiction
HORRY
Zoning & alternative use
AC3 · Myrtle Beach, SCZoning AC3 · permitted uses
AC3 · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1986
Heating
HOT WATER
Cooling
Yes
Lot
0.36 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
AC3
Jurisdiction
Myrtle Beach, SC
Recorded code
AC3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for AC3 in Myrtle Beach, SC.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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