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Property profile & analytics
FOR SALE
Hotels
3170 Holmestown Rd Myrtle Beach, SC 29588
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1888254
For Sale
1 / 29
$4,500,000
3170 Holmestown Rd, Myrtle Beach, SC 29588
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1997
Construction
CONCRETE
Total area
15,594 SF
Lot
1.63 ac (71,003 SF)
APN
458-10-04-0031
UPID
US77-1888254
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
-
Harmony Pointe Apartment Complex
-
Affordable Efficiency Suites Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$3.03M
Owner & transaction history
Hr22 LLC · 3 yrs held
Hr22 LLC
since 2022
Last sale
$2.8M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.7M
+28.3%
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
$3,955,000
ML approach
$4,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,660,000
Current use
MEDICAL BUILDING
$4,700,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$3,570,000
Change: -3% · Conversion: Difficult
RETAIL STORES
$3,170,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.03M
Range $2.72M – $3.33M · ±10% · vs last sale $2.80M (Oct 17 2022)
Last sale anchor
$2.80M
Oct 17 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
$194 / 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
$36,857
Tax year 2023
Assessed value
$97,111
Assessed 2023
Previous assessed
$97,111
+0.0% YoY
Effective rate
37.95%
On assessed value
Assessed land
$26,945
Assessed improvement
$70,166
Land market value
$532,520
Improvement market value
$1,693,500
Total market value
$2,226,020
Applied tax rate
630.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
For Sale
Year built
1997
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
15,594 SF
Lot
1.63 ac (71,003 SF)
APN
458-10-04-0031
UPID
US77-1888254
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.6M
RETAIL STORES
Est. value
$3.2M
HOTEL/MOTEL Current
MEDICAL BUILDING
OFFICE BUILDING
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
1997
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
1.63 ac
Current owner
From public records · entity-resolved
Hr22 LLC
Entity
Mailing address
3170 HOLMESTOWN RD, MYRTLE BEACH, SC 29588-7848
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
—
Hr22 LLC
—
Deed
related
$2,300,000 · Anderson Brothers Bank
Oct 17, 2022
$2,800,000
Hr22 LLC
Shree Varahi LLC
Warranty Deed
$2,200,000 · Loan Funder
Oct 28, 2019
—
Shree Varahi LLC
—
Deed
related
$735,000 · Citizens Bk
Dec 16, 2014
$1,175,000
Shree Varahi LLC
Atkisson Ents Ltd
Grant Deed
$875,000 · Anderson Brothers Bk
—
—
Shree Varahi LLC
—
Deed Of Trust
related
$735,000 · Citizens Bk
—
—
Atkisson Ents Ltd
—
Deed Of Trust
related
$1,050,000 · Bank/floyd
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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