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Property profile & analytics
FOR SALE
Warehouses
3005 N Highway 17 Byp Myrtle Beach, SC 29577
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-1811453
For Sale
1 / 6
$3,750,000
3005 N Highway 17 Byp, Myrtle Beach, SC 29577
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Total area
24,302 SF
Lot
1.92 ac (83,635 SF)
Zoning code
HC
APN
424-01-02-0026
UPID
US77-1811453
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
$5.83M
Comparable Approach
Comparable
$5.09M
Blend (final)
Blend
$4.66M
Owner & transaction history
Lesnik Holdings LLC · 3 yrs held
Lesnik Holdings LLC
since 2023
3 recorded transactions
Zoning & alternative use
HC · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.3M
+100.3%
Apartment house (5+ units)
$6.9M
+88.8%
Office building
$5.9M
+62.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$6,310,000
6.5%
$5,825,000
7%
$5,410,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,655,000
Current use
MEDICAL BUILDING
$7,320,000
Change: +100% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,900,000
Change: +89% · Conversion: Difficult
OFFICE BUILDING
$5,930,000
Change: +62% · Conversion: Difficult
RESTAURANT
$5,625,000
Change: +54% · Conversion: Difficult
RETAIL STORES
$4,350,000
Change: +19% · Conversion: Moderate
Blend value · Realmo final
$4.66M
Range $4.19M – $5.13M · ±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
$192 / 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
$26,159
Tax year 2023
Assessed value
$116,350
Assessed 2023
Effective rate
22.48%
On assessed value
Assessed land
$79,469
Assessed improvement
$36,881
Land market value
$1,505,430
Improvement market value
$1,354,200
Total market value
$2,859,630
Applied tax rate
800.0000
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
For Sale
Year built
1983
Heating
SOLAR
Cooling
CENTRAL
Total area
24,302 SF
Lot
1.92 ac (83,635 SF)
Zoning code
HC
APN
424-01-02-0026
UPID
US77-1811453
Jurisdiction
HORRY
Zoning & alternative use
HC · Myrtle Beach, SC
Zoning HC · permitted uses
HC · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$7.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.9M
OFFICE BUILDING
Est. value
$5.9M
RESTAURANT
Est. value
$5.6M
RETAIL STORES
Est. value
$4.4M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
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
1983
Heating
SOLAR
Cooling
Yes
Lot
1.92 ac
Current owner
From public records · entity-resolved
Lesnik Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3005 HWY 17TH BYP N, MYRTLE BEACH, SC 29577-6742
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2023
—
Lesnik Holdings LLC
Krynski Lesnik Partnership
Warranty Deed
—
—
—
Krynski-lesnik Ptshp
—
Deed Of Trust
related
$607,481 · Wachovia Bk
—
—
Krynski-lesnik Ptshp
—
Deed Of Trust
related
$400,000 · Wachovia Bk
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?”
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