New search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Investment properties
2922 Howard Ave Myrtle Beach, SC 29577-1901
Individually Owned
4-yr Hold
Property ID
US77-1155840
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2008
Construction
CONCRETE
Total area
1,728 SF
Lot
0.02 ac (871 SF)
APN
446-02-02-0021
UPID
US77-1155840
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
-
LŌLEO JUICE BAR Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Myrtle Beach Segway Travel Agency Tour Operator
-
Dun-Rite Mobile Detailing & Ceramic Coating Car Wash
-
Little Shop of Flowers (Bike/Boat/Book/etc) Store Florist
-
Precision Beauty Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
$335k
Comparable Approach
Comparable
$502k
Blend (final)
Blend
$525k
Owner & transaction history
James Christpher Cole Rice · 4 yrs held
James Christpher Cole Rice
since 2022
4 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 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
$545,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$365,000
6.5%
$335,000
7%
$315,000
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$304 / 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
$6,226
Tax year 2023
Assessed value
$16,828
Assessed 2023
Previous assessed
$16,828
+0.0% YoY
Effective rate
37.00%
On assessed value
Assessed land
$3,994
Assessed improvement
$12,834
Land market value
$66,560
Improvement market value
$213,900
Total market value
$280,460
Applied tax rate
894.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
1,728 SF
Lot
0.02 ac (871 SF)
APN
446-02-02-0021
UPID
US77-1155840
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
2008
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.02 ac
Current owner
From public records · entity-resolved
James Christpher Cole Rice
Individual
Mailing address
981 HACKLER ST UNIT C, MYRTLE BEACH, SC 29577-1731
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
$385,000
James Christpher Cole Rice
David A Spetrino
Warranty Deed
$207,000 · Rocket Mortgage
Mar 26, 2008
$326,240
Spetrino,david A JR & Kathryn R
Market Commons Townhomes INC
Grant Deed
$260,950 · National Cty Mtg
May 31, 2007
$1,000,000
Market Commons Townhomes INC
Luk-mb2 LLC
Grant Deed
$9,000,000 · National Bk/sc
—
—
Spetrino,david A JR & Kathryn R
—
Deed Of Trust
related
$265,000 · Pnc Mtg
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2922 Howard Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
