New search
Property profile & analytics
OFF-MARKET
Flex space
1707 Madison Dr North Myrtle Beach, SC 29582-4027
Entity Owned
13-yr Hold
Free & Clear
Property ID
US77-2100580
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2003
Construction
CONCRETE
Total area
2,064 SF
Lot
0.21 ac (9,148 SF)
Zoning code
NC
APN
357-10-03-0033
UPID
US77-2100580
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Elliott Long Term Growth LLC · 13 yrs held
Elliott Long Term Growth LLC
since 2012
5 recorded transactions
Zoning & alternative use
NC · 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
—
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
$2,903
Tax year 2023
Assessed value
$12,662
Assessed 2023
Previous assessed
$12,662
+0.0% YoY
Effective rate
22.93%
On assessed value
Assessed land
$6,682
Assessed improvement
$5,980
Land market value
$126,000
Improvement market value
$228,600
Total market value
$354,600
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
HOT WATER
Total area
2,064 SF
Lot
0.21 ac (9,148 SF)
Zoning code
NC
APN
357-10-03-0033
UPID
US77-2100580
Jurisdiction
HORRY
Zoning & alternative use
NC · North Myrtle Beach, SC
Zoning NC · permitted uses
NC · 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
2003
Construction
CONCRETE
Heating
HOT WATER
Lot
0.21 ac
Current owner
From public records · entity-resolved
Elliott Long Term Growth LLC
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 3715, NORTH MYRTLE BEACH, SC 29582-0715
Ownership since
2012
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
Nov 30, 2012
—
Elliott Long Term Growth LLC
Richard F Elliott
Quit Claim Deed
related
—
Oct 7, 2011
—
Elliott Long Term Growth LLC
Richard F Elliott
Quit Claim Deed
related
—
Aug 28, 2006
$296,000
Elliott,richard F
First Flight Stairs INC
Grant Deed
$249,000 · National Bk/sc
Jun 19, 2003
$67,500
First Flight Stairs INC
—
Grant Deed
related
—
—
—
First Flight Stairs INC
—
Deed Of Trust
related
$330,000 · Beach First Nat'l 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1707 Madison Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
