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Property profile & analytics
OFF-MARKET
Estimated value
$14,790,000
Strip malls
142 Towne Ctr Pkwy Myrtle Beach, SC 29579
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-1756055
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2014
Construction
CONCRETE
Total area
59,360 SF
Lot
8.49 ac (369,824 SF)
APN
396-12-04-0004
UPID
US77-1756055
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
-
Smoke-Stock & Chimney Cleaning Installation YBY Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.14M
CAP Approach
CAP
$15.07M
Comparable Approach
Comparable
$11.75M
Blend (final)
Blend
$14.79M
Owner & transaction history
Num 1223 Anaheim Spe LLC · 1 yrs held
Num 1223 Anaheim Spe LLC
since 2025
Last sale
$18.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$22.4M
+187.7%
Medical building
$17.9M
+129.8%
Office building
$13.6M
+74.6%
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
$15,790,000
ML approach
$9,140,000
CAP Approach
CAP Return
Estimation
6%
$16,320,000
6.5%
$15,065,000
7%
$13,990,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$22,390,000
Change: +188% · Conversion: Difficult
MEDICAL BUILDING
$17,885,000
Change: +130% · Conversion: Difficult
OFFICE BUILDING
$13,590,000
Change: +75% · Conversion: Moderate
RETAIL STORES
$12,060,000
Change: +55% · Conversion: Easy
Blend value · Realmo final
$14.79M
Range $13.31M – $16.27M · ±10% · vs last sale $18.50M (Apr 23 2025)
Last sale anchor
$18.50M
Apr 23 2025
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
$249 / 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
$140,422
Tax year 2023
Assessed value
$624,805
Assessed 2023
Previous assessed
$624,805
+0.0% YoY
Effective rate
22.47%
On assessed value
Assessed land
$148,705
Assessed improvement
$476,100
Land market value
$2,478,420
Improvement market value
$7,935,000
Total market value
$10,413,420
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2014
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
59,360 SF
Lot
8.49 ac (369,824 SF)
APN
396-12-04-0004
UPID
US77-1756055
Jurisdiction
HORRY
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
AUTO REPAIR, GARAGE
Est. value
$22.4M
MEDICAL BUILDING
Est. value
$17.9M
OFFICE BUILDING
Est. value
$13.6M
RETAIL STORES
Est. value
$12.1M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2014
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
8.49 ac
Current owner
From public records · entity-resolved
Num 1223 Anaheim Spe LLC
Entity
Free & Clear · 1 yrs held
Mailing address
142 TOWNE CTR PKWY, MYRTLE BEACH, SC 29579
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2025
$18,500,000
Num 1223 Anaheim Spe LLC
Red Sled Obm LLC
Warranty Deed
—
Apr 23, 2024
—
Red Sled Obm LLC
Red Sled Properties LLC
Warranty Deed
$7,900,000 · First National Bank Of Pennsylvania
Jun 13, 2014
$14,079,142
Red Sled Properties LLC
Carolina Forest Inv Group LLC
Grant Deed
$10,000,000 · Miscellaneous Ins Co
Apr 19, 2013
$4,000,000
Carolina Forest Inv Group LLC
Carolina Forest E & A LLC
Grant Deed
related
—
Apr 19, 2013
—
Carolina Forest Inv Group LLC
—
Deed Of Trust
related
$10,000,000 · United Cmnty 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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