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Property profile

2302 N Kings Hwy Myrtle Beach, SC 29577

FOR LEASE
Drive through restaurants
Property ID
US77-1735189
3,070 SF 0.52 ac lot Built 2005
Last sale Dec 2011
Trust Owned Owner of record is a trust. 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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2302 N Kings Hwy, Myrtle Beach, SC 29577 For Lease
$8,699/Mo 3,070 SF available
2302 N Kings Hwy, Myrtle Beach, SC 29577
View Listing

Property summary

AI-generated overview

This exceptional 3,070 square foot drive-thru restaurant is located at 2302 N Kings Hwy, Myrtle Beach, SC 29577, near 23rd Avenue N. The single-tenant property sits on a 0.52-acre lot and offers 27 parking spaces, catering to both dine-in and drive-thru customers. Currently configured for fast food service, the restaurant boasts a modern kitchen, ample storage, and a comfortable dining area, all designed to maximize efficiency and customer flow. Its prime location on a busy thoroughfare in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$57k
Assessed land$23k
Assessed improvement$34k
Effective rate27.32%

Value estimate

· Oct 2026
$505k
$455k – $556k
AI approach$475k
Submarket $/SF estimate$539k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$2k
Operating expenses−$17k
NOI · 582.20% cap applied$51k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$231/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$140 – $408
Qualifying comparables3

Cap rate analysis

How does the asset earn?
582.20%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
JurisdictionHORRY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.8
Auto Parts Store11.8
Garden Center10.1

Location

2302 N Kings Hwy Myrtle Beach, SC 29577
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1201 Kings, Myrtle Beach, SC 29577-4504 $88,500 May 2025 3,552 SF
5913 Kings, Myrtle Beach, SC 29577-2329 $390,000 Apr 2025 3,200 SF
2817 Oak, Myrtle Beach, SC 29577-3133 $350,000 Jan 2025 3,625 SF
535 Broadway, Myrtle Beach, SC 29577-3970 $362,500 Dec 2024 2,500 SF
1401 Kings, Myrtle Beach, SC 29577-4508 $1,200,000 Jun 2024 2,646 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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