Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,965,000
Garden apartment buildings
3810 Maypop Cir Myrtle Beach, SC 29588-1408
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-2120450
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2007
Total area
24,948 SF
Lot
14.45 ac (629,442 SF)
Zoning code
PUD
APN
441-00-00-0198
UPID
US77-2120450
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
-
Road Dawg Pressure Washing LLC Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.34M
Blend (final)
Blend
$6.97M
Owner & transaction history
Cenpark Management LLC · 3 yrs held
Cenpark Management LLC
since 2022
7 recorded transactions
Zoning & alternative use
PUD · 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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$10,985,000
Current use
RESTAURANT
$10,860,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,410,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$6.97M
Range $6.27M – $7.66M · ±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
$279 / 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
$288,589
Tax year 2023
Assessed value
$1,313,999
Assessed 2023
Previous assessed
$1,313,999
+0.0% YoY
Effective rate
21.96%
On assessed value
Assessed land
$132,023
Assessed improvement
$1,181,976
Land market value
$2,200,390
Improvement market value
$19,699,600
Total market value
$21,899,990
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2007
Heating
SOLAR
Cooling
CENTRAL
Buildings
12
Total area
24,948 SF
Lot
14.45 ac (629,442 SF)
Zoning code
PUD
APN
441-00-00-0198
UPID
US77-2120450
Jurisdiction
HORRY
Zoning & alternative use
PUD · Myrtle Beach, SC
Zoning PUD · permitted uses
PUD · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$11.0M
RESTAURANT
Est. value
$10.9M
AUTO REPAIR, GARAGE
Est. value
$9.4M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
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
2007
Heating
SOLAR
Cooling
Yes
Buildings
12
Lot
14.45 ac
Current owner
From public records · entity-resolved
Cenpark Management LLC
Entity
Mailing address
280 S BEVERLY DR STE #210, BEVERLY HILLS, CA 90212-3902
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2022
—
Cenpark Management LLC
Cenpark Apts LLC
Warranty Deed
$24,758,000 · Arbor Agency Lending
Jul 13, 2017
—
Cenpark Apts LLC
Graybul Sea Palms LP
Quit Claim Deed
related
—
Jul 13, 2017
$26,400,000
Cenpark Apts LLC
Graybul Sea Palms LP
Grant Deed
—
Sep 11, 2014
—
Graybul Sea Palms LP
Fund 16-sea Palm LLC
Quit Claim Deed
related
—
Jul 29, 2014
$4,400,000
Graybul Sea Palms LP
Fund 16-sea Palm LLC
Grant Deed
$14,250,000 · First Tn Bk
Jul 29, 2014
—
Graybul Sea Palms LP
Fund 16-sea Palm LLC
Quit Claim Deed
related
—
Jul 27, 2012
$2,175,000
Fund 16-sea Palm LLC
Op2 Realport LLC
Grant Deed
related
—
Oct 26, 2011
—
Op 2 Realport LLC
Lakeland Const Fin LLC
Quit Claim Deed
related
—
Aug 5, 2011
$396,664
Op 2 Realport LLC
Lakeland Const Fin LLC
Quit Claim Deed
related
—
Dec 15, 2009
$6,500,000
Lakeland Const Fin LLC
Master In Equity Of Horry Cnty
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Aug 15, 2006
$3,800,000
Southwinds At The Beach LLC
Tetra Group Two LLC
Grant Deed
—
Apr 8, 2005
—
Tetra Group Two
Tetra Co LLC
Quit Claim Deed
related
—
Oct 18, 2003
—
Tetra Co LLC
—
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3810 Maypop Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
