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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Garden apartment buildings
3804 Ocean Blvd, North Myrtle Beach, SC 29582-1726
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-1406959
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1975
Total area
4,206 SF
Lot
14.35 ac (625,086 SF)
Zoning code
R4
APN
351-14-03-0152
UPID
US77-1406959
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$856k
Blend (final)
Blend
$845k
Owner & transaction history
Sampo Carpenter Properties LLC · 1 yrs held
Sampo Carpenter Properties LLC
since 2025
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
R4 · North Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$555,000
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $1.10M (Mar 2 2025)
Last sale anchor
$1.10M
Mar 2 2025
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
$201 / 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
$13,045
Tax year 2023
Assessed value
$56,886
Assessed 2023
Effective rate
22.93%
On assessed value
Assessed land
$48,000
Assessed improvement
$8,886
Land market value
$800,000
Improvement market value
$148,100
Total market value
$948,100
Applied tax rate
550.0000
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
1975
Heating
NONE
Total area
4,206 SF
Lot
14.35 ac (625,086 SF)
Zoning code
R4
APN
351-14-03-0152
UPID
US77-1406959
Jurisdiction
HORRY
Zoning & alternative use
R4 · North Myrtle Beach, SC
Zoning R4 · permitted uses
R4 · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Lot
14.35 ac
Current owner
From public records · entity-resolved
Sampo Carpenter Properties LLC
Entity
Mailing address
520 E MAIN ST, YADKINVILLE, NC 27055-8135
Ownership since
2025
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
May 30, 2025
$1,100,000
Sampo Carpenter Properties LLC
Megan Elizabeth Gregory
Warranty Deed
$1,100,000 · Mach1 Lending
Feb 17, 2022
—
Elizabeth Welbourn
Morgan Place Partnership
Warranty Deed
—
Sep 4, 2018
$805,000
Morgan Place Ptshp
Terry Restoration
Warranty Deed
—
Jun 20, 2011
$671,500
Terry Restoration & Const LLC
Shoebuckle Investments LLC
Warranty Deed
$446,500 · Shoebuckle Investments LLC
Feb 23, 2009
$2,000,000
Shoebuckle Investments LLC
Bianja INC
Grant Deed
—
—
—
Terry Restoration & Const LLC
—
Deed Of Trust
related
$407,000 · Td Bk NA
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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