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Property profile & analytics
OFF-MARKET
Office buildings

2408 Madison Dr North Myrtle Beach, SC 29582-4328

3,224 SF 0.18 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US77-1093382
Property summary
AI-generated overview

This exceptional commercial property in North Myrtle Beach, South Carolina, offers a unique blend of office space and land. Located at 2408 Madison Dr., 29582, this 3,200 square foot building sits on a 0.18-acre lot and is zoned HC. The property features three suites, with 800 square feet currently vacant, presenting an immediate opportunity for expansion or new tenancy. Two of the existing suites are located on the second floor and boast two large offices, a waiting area, and a half bath. Utilities are included in the rent, covering electricity, water/sewer, and trash removal. Excellent visibility is ensured with signage opportunities both on the road sign and the suite door. This property enjoys a highly desirable location, just five blocks from the beach and one block from Highway 17, offering unparalleled convenience and accessibility. The square footage is approximate and should be independently verified. This is an ideal investment for businesses seeking a well-maintained, conveniently located office space in a thriving coastal community. The property's multiple suite configuration allows for flexibility in tenant occupancy, making it suitable for a variety of business types. Don't miss this chance to secure a prime commercial property in a high-demand area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction CONCRETE BLOCKS
Total area 3,224 SF
Lot 0.18 ac (7,841 SF)
Zoning code HC
APN 357-16-02-0056
UPID US77-1093382
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
  • Unlimited Printing & Signs Marketing & Advertising Printing Service
  • Claude James Brown, Realtor Real Estate Agency
  • ANJ & SONS Towing & Salvage, LLC Auto Repair Shop
  • Bigg Lloyd Dotson - Myrtle Beach/South Carolina Real Estate Agent Real Estate Agency
  • N&J's Towing, LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Madison Drive Holdings LLC · 3 yrs held
Madison Drive Holdings LLC
since 2022
7 recorded transactions
2022
Price N/A
2017
Price N/A
2017
$325,000
2017
$267,500
2011
Price N/A
2011
$325,000
2007
Price N/A
Zoning & alternative use
HC · North Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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