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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Warehouses
2501 Long Bay Rd, Longs, SC 29568-7636
Entity Owned
19-yr Hold
Free & Clear
Property ID
US77-1974732
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
CONCRETE
Total area
3,600 SF
Lot
25.42 ac (1,107,295 SF)
Zoning code
FA
APN
348-00-00-0006
UPID
US77-1974732
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
-
Helping Hand North Strand Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$892k
Blend (final)
Blend
$700k
Owner & transaction history
City Of North Myrtle Beach · 19 yrs held
City Of North Myrtle Beach
since 2006
1 recorded transaction
Zoning & alternative use
FA · Longs, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+72.8%
Medical building
$1.1M
+64.7%
Commercial (general)
$810,000
+23.2%
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 Longs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longs 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
$465,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$865,000
7%
$800,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$660,000
Current use
AUTO REPAIR, GARAGE
$1,140,000
Change: +73% · Conversion: Easy
MEDICAL BUILDING
$1,085,000
Change: +65% · Conversion: Difficult
COMMERCIAL (GENERAL)
$810,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$810,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$670,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$194 / 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
$104
Tax year 2023
Assessed value
$20,818
Assessed 2023
Effective rate
0.50%
On assessed value
Assessed land
$14,850
Assessed improvement
$5,968
Land market value
$314,520
Improvement market value
$139,000
Total market value
$453,520
Applied tax rate
500.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
3,600 SF
Lot
25.42 ac (1,107,295 SF)
Zoning code
FA
APN
348-00-00-0006
UPID
US77-1974732
Jurisdiction
HORRY
Zoning & alternative use
FA · Longs, SC
Zoning FA · permitted uses
FA · Longs, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$810,000
OFFICE BUILDING
Est. value
$810,000
RETAIL STORES
Est. value
$670,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2007
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
25.42 ac
Current owner
From public records · entity-resolved
City Of North Myrtle Beach
Entity
Free & Clear · 19 yrs held
Mailing address
1018 2ND AVE S, NORTH MYRTLE BEACH, SC 29582-3573
Ownership since
2006
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
Sep 21, 2006
$1,144,260
City Of North Myrtle Beach
W S Livingston JR.
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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