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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Garden apartment buildings
3035 Old Bryan Dr A Myrtle Beach, SC 29577-5851
Entity Owned
10-yr Hold
Free & Clear
Property ID
US77-2050303
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1997
Construction
WOOD
Total area
11,808 SF
Lot
2.63 ac (114,563 SF)
Zoning code
GR
APN
420-16-03-0025
UPID
US77-2050303
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
-
Gypsy Rose Villa Apartment Building
-
Myrtle Beach Food Tours Travel Agency Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.10M
Blend (final)
Blend
$2.88M
Owner & transaction history
Old Bryan Realty LLC · 10 yrs held
Old Bryan Realty LLC
since 2016
5 recorded transactions
Zoning & alternative use
GR · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+32.8%
Medical building
$3.6M
+6.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,355,000
Current use
AUTO REPAIR, GARAGE
$4,455,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$3,560,000
Change: +6% · Conversion: Moderate
OFFICE BUILDING
$2,880,000
Change: -14% · Conversion: Moderate
RESTAURANT
$2,730,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±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
$243 / 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
$45,073
Tax year 2023
Assessed value
$204,580
Assessed 2023
Effective rate
22.03%
On assessed value
Assessed land
$39,472
Assessed improvement
$165,108
Land market value
$657,860
Improvement market value
$2,751,800
Total market value
$3,409,660
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
11,808 SF
Lot
2.63 ac (114,563 SF)
Zoning code
GR
APN
420-16-03-0025
UPID
US77-2050303
Jurisdiction
HORRY
Zoning & alternative use
GR · Myrtle Beach, SC
Zoning GR · permitted uses
GR · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$3.6M
OFFICE BUILDING
Est. value
$2.9M
RESTAURANT
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RESTAURANT
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
1997
Construction
WOOD
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
2.63 ac
Current owner
From public records · entity-resolved
Old Bryan Realty LLC
Entity
Free & Clear · 10 yrs held
Mailing address
175 E SHR RD, GREAT NECK, NY 11023-2437
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2025
—
Old Bryan Realty LLC
—
Deed
related
$3,168,130 · Anderson Brothers Bank
May 25, 2023
—
Old Bryan Realty LLC
—
Deed
related
$2,350,000 · Anderson Brothers Bank
May 31, 2016
$3,500,000
Old Bryan Realty LLC
Gypsy Rose Villa
Grant Deed
—
Jan 7, 2009
—
Gypsy Rose Villa LLC
Jean J Morrison
Grant Deed
$1,700,000 · Imperial Cap Bk
Jan 10, 2005
$2,975,000
Morrison,jean J
Corbett Pts
Grant Deed
$1,500,000 · National Bk/sc
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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