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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Retail space
3743 Oleander Dr Myrtle Beach, SC 29577-5705
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1698556
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Construction
CONCRETE
Total area
6,000 SF
Lot
1.4 ac (60,984 SF)
APN
420-15-03-0006
UPID
US77-1698556
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
-
Waterbridge at Carolina Forest by Chesapeake Homes Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.32M
Owner & transaction history
Myrtle Beach Farms Company INC · 2 yrs held
Myrtle Beach Farms Company INC
since 2024
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+68.4%
Apartment house (5+ units)
$1.7M
+58.7%
Office building
$1.5M
+36.4%
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%
$1,460,000
6.5%
$1,345,000
7%
$1,250,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,075,000
Current use
MEDICAL BUILDING
$1,810,000
Change: +68% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,705,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$1,465,000
Change: +36% · Conversion: Easy
RESTAURANT
$1,390,000
Change: +29% · Conversion: Easy
WAREHOUSE, STORAGE
$905,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±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
$220 / 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
$20,058
Tax year 2023
Assessed value
$73,415
Assessed 2023
Previous assessed
$73,415
+0.0% YoY
Effective rate
27.32%
On assessed value
Assessed land
$54,102
Assessed improvement
$19,313
Land market value
$940,900
Improvement market value
$458,500
Total market value
$1,399,400
Applied tax rate
882.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
6,000 SF
Lot
1.4 ac (60,984 SF)
APN
420-15-03-0006
UPID
US77-1698556
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
RETAIL STORES Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$905,000
RETAIL STORES Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
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
2002
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
1.4 ac
Current owner
From public records · entity-resolved
Myrtle Beach Farms Company INC
Entity
Free & Clear · 2 yrs held
Mailing address
3743 OLEANDER DR, MYRTLE BEACH, SC 29577-5705
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Mar 13, 2024
—
Myrtle Beach Farms Company INC
Seaboard Commons Holdings LLC
Warranty Deed
—
Feb 29, 2024
—
Myrtle Beach Farms Company INC
Seaboard Commons Holdings LLC
Warranty Deed
—
Jan 6, 2017
—
Seaboard Commons Holdings LLC
—
Deed
related
$197,000 · Miscellaneous Ins Co
Sep 14, 2010
—
Seaboard Commons Holdings LLC
—
Grant Deed
related
$19,700,000 · Miscellaneous Ins Co
Jul 28, 2010
—
Seaboard Commons Holdings LLC
Myrtle Beach Farms Co INC
Grant Deed
related
—
—
—
Seaboard Commons Holdings LLC
—
Loan Modification
related
$197,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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