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Property profile & analytics
OFF-MARKET
Estimated value
$3,490,000
Hotels
2480 Hwy 501 Conway, SC 29526-9527
Individually Owned
11-yr Hold
Free & Clear
Property ID
US77-2002098
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1999
Construction
CONCRETE BLOCKS
Total area
27,564 SF
Lot
2.2 ac (95,832 SF)
APN
383-14-01-0014
UPID
US77-2002098
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.72M
Comparable Approach
Comparable
$4.27M
Blend (final)
Blend
$3.49M
Owner & transaction history
Coastal Carolina Hospitality L · 11 yrs held
Coastal Carolina Hospitality L
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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%
$2,945,000
6.5%
$2,720,000
7%
$2,525,000
Blend value · Realmo final
$3.49M
Range $3.14M – $3.84M · ±10%
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
$127 / 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
$35,448
Tax year 2023
Assessed value
$158,791
Assessed 2023
Effective rate
22.32%
On assessed value
Assessed land
$52,806
Assessed improvement
$105,985
Land market value
$958,320
Improvement market value
$1,796,700
Total market value
$2,755,020
Applied tax rate
100.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1999
Construction
CONCRETE BLOCKS
Heating
SOLAR
Cooling
CENTRAL
Total area
27,564 SF
Lot
2.2 ac (95,832 SF)
APN
383-14-01-0014
UPID
US77-2002098
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
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE BLOCKS
Heating
SOLAR
Cooling
Yes
Lot
2.2 ac
Current owner
From public records · entity-resolved
Coastal Carolina Hospitality L
Individual
Free & Clear · 11 yrs held
Mailing address
4702 OLEANDER DR, MYRTLE BEACH, SC 29577-5744
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2019
—
Coastal Carolina Hospitality L
—
Deed
related
$4,500,000 · Ubs Ag
Feb 10, 2015
—
Coastal Carolina Hospitality L
Hospitality Lodging INC
Quit Claim Deed
related
—
—
—
Coastal Carolina Hospitality L
—
Deed Of Trust
related
$4,500,000 · Ubs Ag
—
—
Coastal Carolina Hospitality L
—
Deed Of Trust
related
$3,600,000 · Cantor Com'l R/e Lndg
—
—
Hospitality Lodging INC
—
Deed Of Trust
related
$3,200,000 · First Palmetto Svgs Bk Fsb
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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