401 79th N Ave Myrtle Beach, SC 29572-4310
- Medical offices
- 6,576 SF
- 0.16 lot acres
Current Use by Public Records
- Merritt Jennifer H MD / Ophthalmologist
- Dechamplain Richard MD / Ophthalmologist
- Coastal Eye Group, PC - Myrtle Beach / Eye Care Center / Optician
- Mayo Walter OD / Eye Care
- Denny M Lyn OD / Eye Care Center
Property Details for 401 79th N Ave
- Year built
- 1982
- Lot size
- 0.16 lot acres
- Property size
- 6,576 SF
- Zone code
- AC2
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 422-01-01-0096
- APU
- 42201010096
Description
This single-story, 6,576 square foot office building in Myrtle Beach, South Carolina, presents a compelling investment opportunity. Built in 1982 and situated on a 0.18-acre lot (APN 42201010096), this property is zoned MU-M and offers versatile space suitable for executive, medical, or traditional office uses. Currently configured as a medical suite, it features a spacious reception area, multiple private offices, and exam rooms, all designed for patient comfort and accessibility, including an ADA-compliant restroom. The property boasts a recently resurfaced parking lot providing ample parking for staff and clients. Its prime location, minutes from Grand Strand Medical Center, offers excellent visibility and proximity to other healthcare facilities. The recently updated landscaping enhances the professional appeal of the building. This turnkey property is available for lease starting January 1st and represents an exceptional opportunity for healthcare providers or other businesses seeking a well-maintained, high-visibility location within Myrtle Beach's thriving healthcare corridor. The building consists of one building with a total of 6,576 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,385,000
- 6.5%
- $1,375,000
- 7%
- $1,380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,355,000
- Geo Method
- $1,255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,435,000
- Retail
- $1,440,000
- Mixed-Use
- $1,565,000
- Hospitality
- $1,550,000
- Educational
- $1,340,000
- Residential Income
- $1,270,000
- Energy
- $1,220,000
- Income-Based Land
- $1,315,000
- Food Service
- $1,220,000
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.8154
- Latitude
- 33.7475
- CBSA code
- 34820
- CBSA name
- MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
