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Property profile & analytics
FOR LEASE
Office buildings
2102 Cromley Cir Myrtle Beach, SC 29577
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-1068684
For Lease
1 / 24
$3,710/Mo
2102 Cromley Cir, Myrtle Beach, SC 29577
View Listing →
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
NP Care Inc Irene Hallock Medical Clinic
-
Waccamaw Eoc Corporate Office
-
Myrtle Beach Hotels Corporate Office
-
OVP HEALTH CARE Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$929k
Blend (final)
Blend
$860k
Owner & transaction history
Lege Investment Holdings LLC · 1 yrs held
Lege Investment Holdings LLC
since 2024
Last sale
$740,000
3 recorded transactions
Zoning & alternative use
AC1 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+23.4%
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%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,160,000
Current use
MEDICAL BUILDING
$1,435,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $740k (May 19 2024)
Last sale anchor
$740k
May 19 2024
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
$181 / 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
$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
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
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, SC
Zoning AC1 · permitted uses
AC1 · 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
OFFICE BUILDING Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING Current
MEDICAL BUILDING
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
1996
Heating
SOLAR
Cooling
Yes
Lot
0.8 ac
Current owner
From public records · entity-resolved
Lege Investment Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2102 PO BOX 1362ND CIR, MYRTLE BEACH, SC 29578-1362
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
$740,000
Lege Investment Holdings LLC
Mbsc Property LLC
Warranty Deed
—
Sep 23, 2022
$15,134,657
Mbsc Property LLC
Airport Properties INC
Warranty Deed
$28,000,000 · Iborrow Reit
Jan 14, 2009
—
Airport Properties INC
—
Deed Of Trust
related
$500,000 · South Atlantic 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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