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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Strip malls
211 Hwy 17th N North Myrtle Beach, SC 29582-8107
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-1814752
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
CONCRETE
Total area
6,308 SF
Lot
0.67 ac (29,185 SF)
APN
350-16-03-0071
UPID
US77-1814752
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
-
Sandpiper Heating & Air Llc Hardware & Home Improvement HVAC Service
-
Coastal Association Management Property Management Company
-
My Family Clinic Physician
-
Main Plaza Real Estate Agency
-
Coastal Connection Chiropractic Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.14M
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$976k
Blend (final)
Blend
$1.55M
Owner & transaction history
Shoppes 521 LLC · 3 yrs held
Shoppes 521 LLC
since 2022
Last sale
$1.6M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+189.1%
Retail stores
$2.3M
+174.9%
Restaurant
$2.2M
+162.4%
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 North Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$2,140,000
CAP Approach
CAP Return
Estimation
6%
$1,735,000
6.5%
$1,600,000
7%
$1,485,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,440,000
Change: +189% · Conversion: Easy
RETAIL STORES
$2,320,000
Change: +175% · Conversion: Easy
RESTAURANT
$2,215,000
Change: +162% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,995,000
Change: +136% · Conversion: Difficult
MEDICAL BUILDING
$1,900,000
Change: +125% · Conversion: Difficult
OFFICE BUILDING
$1,415,000
Change: +68% · Conversion: Moderate
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10% · vs last sale $1.60M (Dec 30 2022)
Last sale anchor
$1.60M
Dec 30 2022
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
$245 / 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
$20,857
Tax year 2023
Assessed value
$52,489
Assessed 2023
Effective rate
39.74%
On assessed value
Assessed land
$30,112
Assessed improvement
$22,377
Land market value
$610,950
Improvement market value
$535,100
Total market value
$1,146,050
Applied tax rate
550.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
6,308 SF
Lot
0.67 ac (29,185 SF)
APN
350-16-03-0071
UPID
US77-1814752
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.4M
RETAIL STORES
Est. value
$2.3M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE 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
2005
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
0.67 ac
Current owner
From public records · entity-resolved
Shoppes 521 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 494, NORTH MYRTLE BEACH, SC 29597-0494
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
$1,600,000
Shoppes 521 LLC
Steve Main
Warranty Deed
—
Jun 10, 2004
$560,000
Main,steve
Gary Lopes
Warranty Deed
$400,000 · Sandhills Bk
Jun 9, 2004
$560,000
Steve Main
Lopes,gary
Grant Deed
—
Oct 22, 2002
$485,000
Gary Lopes
—
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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