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Property profile & analytics
OFF-MARKET Estimated value $2,525,000
Medical Office Space

2021 Myrtle Pt Blvd North Myrtle Beach, SC 29582-2224

11,017 SF 1 ac lot Built 1994
Individually Owned 14-yr Hold Free & Clear
Property ID
US77-1703955
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1994
Construction CONCRETE
Total area 11,017 SF
Lot 1 ac (43,560 SF)
Zoning code HC
APN 350-05-04-0038
UPID US77-1703955
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
  • Brows&Beauty by Eva Medical Clinic Skin Care Clinic
  • Pinky Subhash Vaidya Physician
  • Alvin Caldwell Powell Physician Medical Clinic
  • Douglas Andrew Hamerski Physician Medical Clinic
  • Brian Lee Donner Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.54M
Comparable Approach Comparable
$3.42M
Blend (final) Blend
$2.53M
Owner & transaction history
Mcleod Regional Medical Center · 14 yrs held
Mcleod Regional Medical Center
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
HC · North Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 23-26. - HC Highway Commercial District. (1) Purpose: The purpose of this district is to provide commercial opportunities to the traveling public, and areas in the community where large scale commercial projects may take place with minimal impact on contiguous residential development. This district is designed to support local as well as regional shoppi…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 1,216.43 ac
Source code of ordinances
Top alternative use upside
Retail stores $4.1M +22.0%
Restaurant $3.9M +16.5%
Auto repair, garage $3.5M +5.0%
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