Property profile

1529 Mulberry St Little River, SC 29566

OFF-MARKET
Investment properties
Property ID
US77-3012831
2,312 SF 0.27 ac lot Built 1987
Entity Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,000 square foot medical office building is available for lease in the thriving Little River area of Horry County, South Carolina. Situated on a 0.27-acre lot, this single-tenant property offers a complete and efficient layout ideal for medical practices. The interior features a welcoming reception area and waiting room, three exam rooms (two with sinks, one without), a private office, a convenient kitchenette/nurse's station, a small shielded x-ray room, and a fully compliant ADA restroom. The building's location is highly advantageous, placing it within easy reach of numerous restaurants and retail establishments, as well as a substantial residential population. Little River itself is experiencing significant growth, with a permanent population exceeding 51,810 within a five-mile radius, further bolstered by several large-scale residential developments currently underway. Access is convenient, with clear directions from Highway 17. Turn left onto Palmetto Drive (between Jay's and Cooper's Tavern); Palmetto Drive ends at Mulberry Street, where the property is located, near The Brentwood restaurant. Note that square footage is approximate and should be independently verified by the prospective tenant.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1987
Total area 2,312 SF
Lot 0.27 ac (11,761 SF)
Zoning code HC
APN 312-05-02-0021
UPID US77-3012831

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1529 Mulberry St Little River, SC 29566-8308
Little River metro Census 40103 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2013
4 recorded transactions
2013
$89,000
2012
Price N/A
2006
$281,000
2004
Price N/A

Zoning & alternative use

HC · Little River, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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