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Property profile & analytics
OFF-MARKET
Estimated value
$16,310,000
Amusement parks
301 Ocean Blvd, Myrtle Beach, SC 29577-4051
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-1736249
Property profile
Verified
Property type
Amusement parks
Use group
AMUSEMENT PARK
Year built
1960
Construction
CONCRETE
Total area
8,110 SF
Lot
1.44 ac (62,726 SF)
Zoning code
AC3
APN
443-12-01-0037
UPID
US77-1736249
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
-
Sadie's Gifts and Airbrush Guys (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.31M
Owner & transaction history
Ocean Avenue Attractions LLC · 3 yrs held
Ocean Avenue Attractions LLC
since 2022
Last sale
$19.0M
2 recorded transactions
Zoning & alternative use
AC3 · Myrtle Beach, SC
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
by Request
ML approach
$11,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.31M
Range $14.68M – $17.94M · ±10% · vs last sale $19.00M (Sep 20 2022)
Last sale anchor
$19.00M
Sep 20 2022
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
$2,011 / 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
$125,500
Tax year 2023
Assessed value
$296,891
Assessed 2023
Effective rate
42.27%
On assessed value
Assessed land
$251,244
Assessed improvement
$45,647
Land market value
$6,300,000
Improvement market value
$1,085,900
Total market value
$7,385,900
Applied tax rate
893.0000
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
Amusement parks
Use group
AMUSEMENT PARK
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Total area
8,110 SF
Lot
1.44 ac (62,726 SF)
Zoning code
AC3
APN
443-12-01-0037
UPID
US77-1736249
Jurisdiction
HORRY
Zoning & alternative use
AC3 · Myrtle Beach, SC
Zoning AC3 · permitted uses
AC3 · 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.
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Lot
1.44 ac
Current owner
From public records · entity-resolved
Ocean Avenue Attractions LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1200 S OCEAN BLVD, MYRTLE BEACH, SC 29577-4540
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2022
$19,000,000
Ocean Avenue Attractions LLC
Withers Swash Development Co INC
Warranty Deed
—
—
—
Family Kingdom INC
—
Deed Of Trust
related
$950,000 · Crescent 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.
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