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Property profile & analytics
FOR SALE
Hotels
2010 S Ocean Blvd Myrtle Beach, SC 29577
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-1708654
For Sale
1 / 21
$6,750,000
2010 S Ocean Blvd, Myrtle Beach, SC 29577
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1968
Construction
CONCRETE
Total area
25,011 SF
Lot
36.16 ac (1,575,130 SF)
Zoning code
TA1
APN
445-02-02-0322
UPID
US77-1708654
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
-
Rosen Sea Hotel Hotel & Motel
-
Ocean breeze Hotel Hotel & Motel
-
Nameless Art Studios Art Studio
-
The Rusty Reel Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.47M
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$2.43M
Owner & transaction history
D & D Residential LLC · 1 yrs held
D & D Residential LLC
since 2025
7 recorded transactions
Zoning & alternative use
TA1 · 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%
$2,675,000
6.5%
$2,465,000
7%
$2,290,000
Blend value · Realmo final
$2.43M
Range $2.18M – $2.67M · ±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
$97 / 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
$51,635
Tax year 2023
Assessed value
$98,999
Assessed 2023
Effective rate
52.16%
On assessed value
Assessed land
$53,735
Assessed improvement
$45,264
Land market value
$895,590
Improvement market value
$754,400
Total market value
$1,649,990
Applied tax rate
880.0000
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
For Sale
Year built
1968
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Total area
25,011 SF
Lot
36.16 ac (1,575,130 SF)
Zoning code
TA1
APN
445-02-02-0322
UPID
US77-1708654
Jurisdiction
HORRY
Zoning & alternative use
TA1 · Myrtle Beach, SC
Zoning TA1 · permitted uses
TA1 · 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
1968
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Lot
36.16 ac
Current owner
From public records · entity-resolved
D & D Residential LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4545 ARNOLD BLVD, HOWELL, NJ 07731
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
Mar 26, 2025
—
D & D Residential LLC
Ob21 LLC
Warranty Deed
—
Nov 12, 2021
$4,000,000
Ob21 LLC
Rosen Sea LLC
Warranty Deed
$3,400,500 · Loan Funder Series 25937
Jul 2, 2020
—
Breakers Land Inv LLC
Mbn Breakers INC
Quitclaim Deed
related
—
May 26, 2020
—
Mbn Breakers INC
Myrtle Bk City Of
Quitclaim Deed
related
—
Jan 8, 2018
$1,025,000
Rosen Sea LLC
Khush LLC
Grant Deed
—
Apr 17, 2013
$1,475,000
Khush LLC
Hurl Rock Motel INC
Warranty Deed
$1,075,000 · Private Individual
Jun 13, 2005
$2,780,000
Stmina INC
Hurl Rock Motel INC
Warranty Deed
—
—
—
Hurl Rock Motel INC
—
Deed Of Trust
related
$200,000 · Crescent Bk
—
—
Hurl Rock Motel INC
—
Deed Of Trust
related
$200,000 · Crescent 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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