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3105 Highway 17 S, North Myrtle Beach, SC 29582
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Construction
CONCRETE
Total area
6,795 SF
Lot
0.52 ac (22,651 SF)
Zoning code
C-2
APN
424-06-03-0054
UPID
US77-1731976
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
$788k
Blend (final)
Blend
$1.18M
Owner & transaction history
since 2023
3 recorded transactions
Zoning & alternative use
C-2 · North Myrtle Beach, SC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.18M
Value range
$1.06M – $1.30M
±10% around blend
Estimated value / SF
$174 / SF
Confidence
High
8 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
80
$1.06M
blend $1.18M
$1.30M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,795 SF
Lot area
0.52 ac
Year built
1991
APN
424-06-03-0054
Zoning
C-2
Assessed value
$37,426
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.53M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.65M
@ 6.5% CAP return
$1.53M
@ 7% CAP return
$1.42M
4
Sales comparison
Partial preview
Sales approach indication
$1.54M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.8 mi away · 6,006 SF
7.1 mi away · 6,375 SF
12.8 mi away · 4,770 SF
14.9 mi away · 4,950 SF
16.0 mi away · 5,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.18M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$368
-53%
Submarket 20 sales
$368
-53%
County 237 sales
$186
-6%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $174/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$37k
Move the market yield to see immediate price impact.
Value / SF
$6
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2k
$47k
$34k
$26k
$3k
$52k
$37k
$29k
$3k
$58k
$41k
$32k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$105k
1.3 mi · Aug 2025 · $13/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$37,426
Assessed 2023
Previous assessed
$37,426
+0.0% YoY
Assessed land
$23,288
Assessed improvement
$14,138
Land market value
$450,000
Improvement market value
$332,700
Total market value
$782,700
Applied tax rate
880.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1991
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
6,795 SF
Lot
0.52 ac (22,651 SF)
Zoning code
C-2
APN
424-06-03-0054
UPID
US77-1731976
Jurisdiction
HORRY
Zoning & alternative use
C-2 · North Myrtle Beach, SCZoning C-2 · permitted uses
C-2 · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1991
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.52 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-2
Jurisdiction
North Myrtle Beach, SC
Recorded code
C-2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in North Myrtle Beach, SC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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