New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,915,000
Retail space
1407 Old Hwy 17th N, North Myrtle Beach, SC 29582-2579
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-1791334
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
CONCRETE
Total area
4,000 SF
Lot
6.84 ac (297,950 SF)
Zoning code
HC
APN
350-11-02-0003
UPID
US77-1791334
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
-
Kohl's Department Store
-
SEPHORA at Kohl's Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.92M
Owner & transaction history
Vereit Real Estate LP · 4 yrs held
Vereit Real Estate LP
since 2021
Last sale
$7.4M
2 recorded transactions
Zoning & alternative use
HC · North 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 North Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$1,479 / 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
$106,907
Tax year 2023
Assessed value
$196,426
Assessed 2023
Effective rate
54.43%
On assessed value
Assessed land
$177,016
Assessed improvement
$19,410
Land market value
$2,950,270
Improvement market value
$323,500
Total market value
$3,273,770
Applied tax rate
550.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
4,000 SF
Lot
6.84 ac (297,950 SF)
Zoning code
HC
APN
350-11-02-0003
UPID
US77-1791334
Jurisdiction
HORRY
Zoning & alternative use
HC · North Myrtle Beach, SC
Zoning HC · permitted uses
HC · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
6.84 ac
Current owner
From public records · entity-resolved
Vereit Real Estate LP
Entity
Free & Clear · 4 yrs held
Mailing address
2325 E CAMELBACK RD, PHOENIX, AZ 85016-3422
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2021
$7,440,000
Vereit Real Estate LP
Sc North Myrtle Beach Seabrook LLC
Warranty Deed
—
Dec 13, 2019
$2,850,000
Sc N Myrtle Bk Seabrook LLC
Tonys Holding Co LLC
Warranty Deed
related
—
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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