Property profile

2502 Ocean Blvd Myrtle Beach, SC 29577

OFF-MARKET
Hotels
Property ID
US77-0073496
14,964 SF 26.76 ac lot Built 1974
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1974
Construction CONCRETE BLOCKS
Total area 14,964 SF
Lot 26.76 ac (1,165,666 SF)
Zoning code TA8
APN 424-11-04-0493
UPID US77-0073496

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Grocery & Convenience Store
  • Atm Bank
  • Hotel & Motel Resort
  • Condominium Complex

Location

2502 Ocean Blvd Myrtle Beach, SC 29577-3241
Myrtle Beach metro Census 40200 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.48M
Comparable Approach Comparable
$2.38M
Blend (final) Blend
$1.92M

Owner & transaction history

since 2025
Last sale
$2.5M
7 recorded transactions
2025
$2.5M
2025
Price N/A
2021
$700,000
2021
Price N/A
2019
$1.5M
2018
Price N/A
2012
$900,000

Zoning & alternative use

TA8 · Myrtle Beach, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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