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Property profile & analytics
OFF-MARKET
Strip malls
403 Broadway St Myrtle Beach, SC 29577-3972
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-1890466
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1965
Total area
2,500 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C5
APN
443-04-04-0044
UPID
US77-1890466
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
-
DOS CARNALES RESTAURANTE MEXICAN AND SALVADORAN FOOD Restaurant
-
La Vinotinto Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Broadway Street LLC · 3 yrs held
Broadway Street LLC
since 2022
4 recorded transactions
Zoning & alternative use
C5 · Myrtle Beach, SC
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,215
Tax year 2023
Assessed value
$7,818
Assessed 2023
Effective rate
28.33%
On assessed value
Assessed land
$2,100
Assessed improvement
$5,718
Land market value
$35,000
Improvement market value
$96,300
Total market value
$131,300
Applied tax rate
881.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1965
Heating
HEAT PUMP
Total area
2,500 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C5
APN
443-04-04-0044
UPID
US77-1890466
Jurisdiction
HORRY
Zoning & alternative use
C5 · Myrtle Beach, SCZoning C5 · permitted uses
C5 · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1965
Heating
HEAT PUMP
Lot
0.06 ac
Current owner
From public records · entity-resolved
Broadway Street LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2200 EXECUTIVE AVE, MYRTLE BEACH, SC 29577-6559
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2022
—
Broadway Street LLC
Phillip L Elvis
Warranty Deed
—
Jan 20, 2017
—
Elvis,rebecca T 1 Trust
Elvis Group LP 1
Quit Claim Deed
related
—
Nov 28, 2001
—
Elvis Group LP
—
Grant Deed
related
—
Nov 23, 2001
—
Rebecca T Elvis
—
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.
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