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Property profile & analytics
OFF-MARKET
Estimated value
$3,920,000
Hotels
1804 Ocean Blvd Myrtle Beach, SC 29577-2745
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1771150
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1994
Construction
CONCRETE BLOCKS
Total area
34,958 SF
Lot
50.96 ac (2,219,818 SF)
Zoning code
TA8
APN
424-15-03-0063
UPID
US77-1771150
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
-
Best Western Plus Grand Strand Inn & Suites Hotel & Motel
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Sandcastle Oceanfront Resort - Bldg North Hotel & Motel
-
The Sandbar Hotel Myrtle Beach, Trademark Collection by Wyndham Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.45M
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$3.92M
Owner & transaction history
Hcm Shelby LLC · 2 yrs held
Hcm Shelby LLC
since 2024
7 recorded transactions
Zoning & alternative use
TA8 · 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,735,000
6.5%
$3,450,000
7%
$3,200,000
Blend value · Realmo final
$3.92M
Range $3.53M – $4.31M · ±10%
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
$112 / 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
$126,248
Tax year 2023
Assessed value
$179,474
Assessed 2023
Previous assessed
$179,474
+0.0% YoY
Effective rate
70.34%
On assessed value
Assessed land
$125,495
Assessed improvement
$53,979
Land market value
$2,419,800
Improvement market value
$5,010,000
Total market value
$7,429,800
Applied tax rate
899.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1994
Construction
CONCRETE BLOCKS
Heating
SOLAR
Cooling
CENTRAL
Total area
34,958 SF
Lot
50.96 ac (2,219,818 SF)
Zoning code
TA8
APN
424-15-03-0063
UPID
US77-1771150
Jurisdiction
HORRY
Zoning & alternative use
TA8 · Myrtle Beach, SC
Zoning TA8 · permitted uses
TA8 · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
CONCRETE BLOCKS
Heating
SOLAR
Cooling
Yes
Lot
50.96 ac
Current owner
From public records · entity-resolved
Hcm Shelby LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1804 N OCEAN BLVD, MYRTLE BEACH, SC 29577
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2024
—
Hcm Shelby LLC
Mbsc Property LLC
Warranty Deed
—
Mar 20, 2024
$7,586,500
Abajeebapa Seaside Suites LLC
Lcof Myrtle Beach Investment LLC
Warranty Deed
$4,500,000 · Meadows Bank
Sep 23, 2022
$15,134,657
Mbsc Property LLC
Airport Properties INC
Warranty Deed
—
Apr 10, 2018
$12,250,000
Lcof Myrtle Bch Invs LLC
Robertson Fam Invs LLC
Grant Deed
—
Jun 24, 2016
—
Robertsoon Fam Invs LLC
—
Grant Deed
related
$4,262,483 · Conway Nat'l Bk
Dec 4, 2013
—
Airport Properties INC
—
Deed Of Trust
related
$500,000 · South Atlantic Bk
—
—
Airport Properties INC
—
Deed Of Trust
related
$5,000,000 · South Atlantic Bk
—
—
Airport Properties INC
—
Loan Modification
related
$327,371 · Mozingo Wallace Architects L
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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