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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Retail space
200 Kings Hwy Myrtle Beach, SC 29577-4064
Entity Owned
Free & Clear
Property ID
US77-2953171
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Construction
STEEL FRAME
Total area
6,177 SF
Lot
1.03 ac (44,867 SF)
Zoning code
C2
APN
443-05-04-0028
UPID
US77-2953171
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
-
Sonic Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.41M
Owner & transaction history
Mb Dark Horse LLC
Mb Dark Horse LLC
since 2025
7 recorded transactions
Zoning & alternative use
C2 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+110.8%
Medical building
$1.9M
+68.4%
Apartment house (5+ units)
$1.8M
+58.7%
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
$1,410,000
ML approach
$1,435,000
CAP Approach
CAP Return
Estimation
6%
$1,500,000
6.5%
$1,385,000
7%
$1,285,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,105,000
Current use
AUTO REPAIR, GARAGE
$2,330,000
Change: +111% · Conversion: Difficult
MEDICAL BUILDING
$1,860,000
Change: +68% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,755,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$1,510,000
Change: +36% · Conversion: Easy
RESTAURANT
$1,430,000
Change: +29% · Conversion: Easy
WAREHOUSE, STORAGE
$930,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±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
$228 / 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
$16,992
Tax year 2023
Assessed value
$50,960
Assessed 2023
Previous assessed
$50,960
+0.0% YoY
Effective rate
33.34%
On assessed value
Assessed land
$28,654
Assessed improvement
$22,306
Land market value
$477,570
Improvement market value
$457,800
Total market value
$935,370
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1959
Construction
STEEL FRAME
Heating
SOLAR
Cooling
YES
Stories
2
Total area
6,177 SF
Lot
1.03 ac (44,867 SF)
Zoning code
C2
APN
443-05-04-0028
UPID
US77-2953171
Jurisdiction
HORRY
Zoning & alternative use
C2 · Myrtle Beach, SC
Zoning C2 · permitted uses
C2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$930,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
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
1959
Construction
STEEL FRAME
Heating
SOLAR
Cooling
Yes
Stories
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
Mb Dark Horse LLC
Entity
Free & Clear · 0 yrs held
Mailing address
903 E RTE 66TH D STE D, GLENDORA, CA 91740-3675
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2025
—
Mb Dark Horse LLC
Donutland Myrtle Beach LLC
Warranty Deed
—
Nov 18, 2024
—
Mb Dark Horse LLC
Mb Dark Horse LLC
Warranty Deed
related
—
Oct 18, 2024
$1,100,000
Mb Dark Horse LLC
Donutland Myrtle Beach LLC
Warranty Deed
$605,000 · Ever Capital
Jun 2, 2022
$1,000,000
Donutland Myrtle Beach LLC
Santos Realty LLC
Warranty Deed
—
Jun 20, 2006
—
Santos Realty LLC
Joseph A Santos
Quit Claim Deed
related
$1,496,000 · Berkshire Bk
Nov 15, 2005
$850,000
Santos,joseph A
First States Invtrs 3193 LLC
Grant Deed
—
Nov 15, 2005
$510,000
First States Invtrs 3193 LLC
Wachovia Bank NA
Grant Deed
related
—
Nov 30, 2001
$820,000
Southtrust Bank
—
Grant Deed
related
—
May 9, 2001
$970,000
First States Invst LLC
—
Grant Deed
related
—
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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