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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Golf courses & driving ranges
2500 Prestwick Clb Dr Myrtle Beach, SC 29575-5757
Individually Owned
9-yr Hold
Free & Clear
Property ID
US77-1771767
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1988
Construction
WOOD
Total area
4,125 SF
Lot
190.33 ac (8,290,775 SF)
Zoning code
PUD
APN
459-00-00-0322
UPID
US77-1771767
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
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$798k
Blend (final)
Blend
$780k
Owner & transaction history
Gary N Wadsten · 9 yrs held
Gary N Wadsten
since 2017
1 recorded transaction
Zoning & alternative use
PUD · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ct Conservation LM Light Manufacturing District Industrial C-6 Urban Village District Mixed-use MP Medical/Professional District Commercial MU-M Mixed Use, Medium Density Mixed-use MU-H Mixed Use, High Density Mixed-use PUD Planned Unit Development Other PRC Parks, Recreation and Conservation District Conservation RDZ Redevelopment District Zone Floating WM…
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
5,329.29 ac
Source
code of ordinances
Top alternative use upside
Office building
$1.1M
+72.7%
Warehouse, storage
$770,000
+20.9%
Retail stores
$650,000
+2.2%
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
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$635,000
Current use
OFFICE BUILDING
$1,100,000
Change: +73% · Conversion: Difficult
WAREHOUSE, STORAGE
$770,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$595,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$575,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$189 / 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
$35,216
Tax year 2023
Assessed value
$131,070
Assessed 2023
Effective rate
26.87%
On assessed value
Assessed land
$131,040
Assessed improvement
$30
Land market value
$2,184,000
Improvement market value
$500
Total market value
$2,184,500
Applied tax rate
600.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
SOLAR
Cooling
CENTRAL
Buildings
4
Total area
4,125 SF
Lot
190.33 ac (8,290,775 SF)
Zoning code
PUD
APN
459-00-00-0322
UPID
US77-1771767
Jurisdiction
HORRY
Zoning & alternative use
PUD · Myrtle Beach, SCZoning PUD · permitted uses
PUD · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ct Conservation LM Light Manufacturing District Industrial C-6 Urban Village District Mixed-use MP Medical/Professional District Commercial MU-M Mixed Use, Medium Density Mixed-use MU-H Mixed Use, High Density Mixed-use PUD Planned Unit Development Other PRC Parks, Recreation and Conservation District Conservation RDZ Redevelopment District Zone Floating WM Wholesale/Manufacturing District Industrial 1402.A C-6 Urban Village District. The
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
5,329.29 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$635,000
OFFICE BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$770,000
RETAIL STORES
Est. value
$650,000
AUTO REPAIR, GARAGE
Est. value
$595,000
MEDICAL BUILDING
Est. value
$575,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
OFFICE BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
AUTO REPAIR, GARAGE
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
1988
Construction
WOOD
Heating
SOLAR
Cooling
Yes
Buildings
4
Lot
190.33 ac
Current owner
From public records · entity-resolved
Gary N Wadsten
Individual
Free & Clear · 9 yrs held
Mailing address
1710 DICK POND RD, MYRTLE BEACH, SC 29575-6500
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2017
$26,018
Gary N Wadsten
Prestwick LP
Grant Deed
—
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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