Entity Owned Property summary
AI-generated overview
A for-lease office suite configured as a self-contained workspace, featuring eight total private offices, including three executive offices that each include a private restroom, plus an additional office arranged as a secretary/reception area. The suite includes a client waiting area, a kitchenette, an IT/storage room for office equipment and files, and one additional restroom. Access includes an outdoor entrance with ramp and stair access. The property provides 18 shared parking spaces for tenants and visitors, and the layout supports both client-facing work areas and internal operations within the suite.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
4,755 SF
Lot
0.8 ac (34,848 SF)
Zoning code
AC1
APN
424-09-02-0006
UPID
US77-1068684
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Clinic
-
Corporate Office
-
Corporate Office
-
Medical Clinic
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$929k
Blend (final)
Blend
$21.37M
Owner & transaction history
since 2024
Last sale
$740,000
3 recorded transactions
Zoning & alternative use
AC1 · Myrtle Beach, SC
Top alternative use upside
Medical building
$1.4M
+23.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$21.37M
Value range
$19.23M – $23.51M
±10% around blend
Estimated value / SF
$4,494 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
$19.23M
blend $21.37M
$23.51M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,755 SF
Lot area
0.8 ac
Year built
1996
APN
424-09-02-0006
Zoning
AC1
Assessed value
$36,085
Annual tax
$10,846
3
Income approach: direct capitalization
Partial preview
Income approach indication
$955k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.04M
@ 6.5% CAP return
$955k
@ 7% CAP return
$885k
4
Sales comparison
Partial preview
Sales approach indication
$927k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.5 mi away · 4,285 SF
13.8 mi away · 4,896 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$21.37M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 64 sales
$244
+1,741%
Submarket 135 sales
$229
+1,863%
County 200 sales
$224
+1,903%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $4,494/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+23%
vs current-use indication
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$740k
Move the market yield to see immediate price impact.
Value / SF
$156
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$47k
$932k
$666k
$518k
$52k
$1.04M
$740k
$576k
$57k
$1.14M
$814k
$633k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.10M
3.5 mi · Feb 2026 · $220/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,846
Tax year 2023
Assessed value
$36,085
Assessed 2023
Previous assessed
$36,085
+0.0% YoY
Effective rate
30.06%
On assessed value
Assessed land
$18,730
Assessed improvement
$17,355
Land market value
$312,160
Improvement market value
$349,500
Total market value
$661,660
Applied tax rate
880.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1996
Heating
SOLAR
Cooling
CENTRAL
Total area
4,755 SF
Lot
0.8 ac (34,848 SF)
Zoning code
AC1
APN
424-09-02-0006
UPID
US77-1068684
Jurisdiction
HORRY
Zoning & alternative use
AC1 · Myrtle Beach, SCZoning AC1 · permitted uses
AC1 · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
SOLAR
Cooling
Yes
Lot
0.8 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
AC1
Jurisdiction
Myrtle Beach, SC
Recorded code
AC1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for AC1 in Myrtle Beach, SC.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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