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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Office buildings
1500 Hwy 17th S North Myrtle Beach, SC 29582-3906
Entity Owned
5-yr Hold
Free & Clear
Property ID
US77-0426592
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
CONCRETE
Total area
8,424 SF
Lot
0.91 ac (39,640 SF)
Zoning code
HC
APN
357-11-01-0025
UPID
US77-0426592
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
-
North Beach Vacations Vacation Rental Real Estate Agency
-
North Myrtle Beach Vacation Rentals Center Vacation Rental Real Estate Agency
-
Ashworth Vacation Rental Real Estate Agency
-
North Beach Realty Vacation Rental Real Estate Agency
-
Sharon Dudley, North Beach Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.53M
Owner & transaction history
North Bk Realty LLC · 5 yrs held
North Bk Realty LLC
since 2020
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
HC · North Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.5M
+34.3%
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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,835,000
6.5%
$1,690,000
7%
$1,570,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,890,000
Current use
MEDICAL BUILDING
$2,540,000
Change: +34% · Conversion: Easy
WAREHOUSE, STORAGE
$1,540,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.41M (Aug 11 2020)
Last sale anchor
$1.41M
Aug 11 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
$182 / 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
Assessed value
$65,811
Assessed 2023
Assessed land
$40,887
Assessed improvement
$24,924
Land market value
$681,450
Improvement market value
$415,400
Total market value
$1,096,850
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
8,424 SF
Lot
0.91 ac (39,640 SF)
Zoning code
HC
APN
357-11-01-0025
UPID
US77-0426592
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$1.5M
OFFICE BUILDING Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1950
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.91 ac
Current owner
From public records · entity-resolved
North Bk Realty LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1500 HWY 17TH S, NORTH MYRTLE BEACH, SC 29582-3906
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2020
—
North Bk Realty LLC
Nbr Hldgs LLC
Warranty Deed
related
—
Nov 7, 2018
—
Nbr Hldgs LLC
—
Deed
related
$200,000 · Steven M Kuznik
Aug 3, 2018
—
North Bk Hldgs LLC
—
Deed
related
$950,000 · Ralph A III Elmore
Oct 1, 2008
—
North Beach Holdings LLC
R Edward Thomas
Grant Deed
related
—
May 30, 2007
$1,405,000
Thomas,r Edward
Ralph A Elmore III
Grant Deed
$1,300,000 · Ralph A III Elmore
—
—
Nbr Hldgs LLC
—
Deed Of Trust
related
$200,000 · Steven M Kuznik
—
—
North Bk Hldgs LLC
—
Deed Of Trust
related
$950,000 · Ralph A III Elmore
—
—
North Beach Holdings LLC
—
Deed Of Trust
related
$14,000 · Gunning T JR Beery
—
—
North Beach Holdings LLC
—
Deed Of Trust
related
$14,000 · Gunning T JR Beery
—
—
North Beach Holdings LLC
—
Deed Of Trust
related
$140,000 · Gunning T JR Beery
—
—
North Beach Holdings LLC
—
Deed Of Trust
related
$300,000 · Milton R & Roseann L Bellinger
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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