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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Auto shops
1354 Cannon Rd Myrtle Beach, SC 29577-5548
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US77-1691115
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1991
Total area
7,500 SF
Lot
4.71 ac (205,168 SF)
Zoning code
LI
APN
443-03-01-0009
UPID
US77-1691115
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
-
Diamond Cab Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.28M
Owner & transaction history
Cannons Grp Invs LLC · 5 yrs held
Cannons Grp Invs LLC
since 2020
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
LI · Myrtle Beach, 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 Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Myrtle Beach 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
$1,610,000
ML approach
$1,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±10% · vs last sale $900k (Nov 19 2020)
Last sale anchor
$900k
Nov 19 2020
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
$170 / 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
$13,079
Tax year 2023
Assessed value
$59,626
Assessed 2023
Effective rate
21.94%
On assessed value
Assessed land
$49,240
Assessed improvement
$10,386
Land market value
$820,670
Improvement market value
$173,100
Total market value
$993,770
Applied tax rate
800.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1991
Heating
ELECTRIC
Cooling
YES
Total area
7,500 SF
Lot
4.71 ac (205,168 SF)
Zoning code
LI
APN
443-03-01-0009
UPID
US77-1691115
Jurisdiction
HORRY
Zoning & alternative use
LI · Myrtle Beach, SC
Zoning LI · permitted uses
LI · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
ELECTRIC
Cooling
Yes
Lot
4.71 ac
Current owner
From public records · entity-resolved
Cannons Grp Invs LLC
Entity
Mailing address
1415 CANNON RD, MYRTLE BEACH, SC 29577-5513
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2020
$900,000
Cannons Grp Invs LLC
Gja Invs LLC
Warranty Deed
$700,000 · United Cmnty Bk
Dec 15, 2016
—
Gja Investments LLC
—
Deed
related
$2,600,000 · Horry Cnty St Bk
Jul 10, 2008
—
Ammons,cornelius J JR Trust
—
Grant Deed
related
$3,100,000 · Beach First Nat'l Bk
—
—
Gja Investments LLC
—
Deed Of Trust
related
$2,600,000 · Horry Cnty St 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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