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Property profile & analytics
OFF-MARKET
Estimated value
$12,490,000
Warehouses
3101 Terminal St North Myrtle Beach, SC 29582-4769
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-1780096
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1993
Total area
5,200 SF
Lot
0.21 ac (9,148 SF)
Zoning code
LI
APN
358-13-02-0001
UPID
US77-1780096
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
-
Good Shepherd Pet Services Myrtle Beach Cremation Service
-
Beach CWP Firearm Training Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.49M
Owner & transaction history
Airport Myrtle Beach Storage LLC · 3 yrs held
Airport Myrtle Beach Storage LLC
since 2022
Last sale
$11.1M
4 recorded transactions
Zoning & alternative use
LI · North Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Sec. 23-28. - LI Limited Industrial District. (1) Purpose: The purpose of this district is to encourage the development of business and manufacturing uses relatively free of offensive elements in landscaped surroundings-to provide job opportunities in compatible industrial settings. (2) Permitted uses: Within the LI District, a building or lot shall be used…
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
554.75 ac
Source
code of ordinances
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 North Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$15,715,000
ML approach
$11,995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.49M
Range $11.24M – $13.74M · ±10% · vs last sale $11.13M (Oct 3 2022)
Last sale anchor
$11.13M
Oct 3 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
$2,402 / 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
$6,898
Tax year 2023
Assessed value
$9,514
Assessed 2023
Previous assessed
$9,514
+0.0% YoY
Effective rate
72.50%
On assessed value
Assessed land
$4,854
Assessed improvement
$4,660
Land market value
$90,000
Improvement market value
$110,300
Total market value
$200,300
Applied tax rate
500.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Heating
NONE
Total area
5,200 SF
Lot
0.21 ac (9,148 SF)
Zoning code
LI
APN
358-13-02-0001
UPID
US77-1780096
Jurisdiction
HORRY
Zoning & alternative use
LI · North Myrtle Beach, SCZoning LI · permitted uses
LI · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Sec. 23-28. - LI Limited Industrial District. (1) Purpose: The purpose of this district is to encourage the development of business and manufacturing uses relatively free of offensive elements in landscaped surroundings-to provide job opportunities in compatible industrial settings. (2) Permitted uses: Within the LI District, a building or lot shall be used only with the following standards set out in part (6) of this section. (a) Manufacturing uses, including institutional use, processing and assembly plants. (b) Warehousing. (c) Wholesale establishments. (d) Office buildings and institutional uses. (e) Boatyards. (f) Signs permitted by and in accord with all applicable regulations of Article III. (g) Accessory buildings and uses customarily incidental to the above, and retail sales when they comprise less than fifty (50) percent of the total business operation. (h) Businesses engaging in body piercing as defined in
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
554.75 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Lot
0.21 ac
Current owner
From public records · entity-resolved
Airport Myrtle Beach Storage LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3200 AIRPORT BLVD, NORTH MYRTLE BEACH, SC 29582-4758
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
Oct 3, 2022
$11,130,397
Airport Myrtle Beach Storage LLC
Terminal Se Storage LLC
Warranty Deed
—
Aug 24, 2021
$7,000,000
Terminal Se Storage LLC
Harry A Karetas
Warranty Deed
—
Aug 10, 2016
—
Harry A Karetas
—
Grant Deed
related
$3,361,914 · First Palmetto Bk
May 16, 2008
—
Karetas,harry A
—
Grant Deed
related
$6,400,000 · First Palmetto Svgs Bk Fsb
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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