Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

404 22Nd Ave N Myrtle Beach, SC 29577

FOR SALE
Drive through restaurants
Property ID
US77-1988866
4,064 SF 0.83 ac lot Built 2006
Last sale Dec 2008 · $690,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Property summary

AI-generated overview

This renovated 9-unit multi-family property is located in Myrtle Beach, South Carolina, approximately one block from the beach in Horry County. The building is configured with eight 1-bedroom units and one 2-bedroom unit. Each unit includes a private balcony oriented toward the ocean, and the property provides on-site laundry facilities. Reported upgrades include a replaced commercial roof, renovated kitchens and bathrooms, and the presence of furnishings, smart lock systems, and property-wide…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$78k
Assessed land$37k
Assessed improvement$40k
Effective rate27.32%

Value estimate

· Oct 2026
$620k
$558k – $682k
AI approach$530k
Submarket $/SF estimate$714k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$4k
Operating expenses−$46k
NOI · 3.74% cap applied$56k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$231/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$140 – $408
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3.74%
$56k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
JurisdictionHORRY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.6
Auto Parts Store11.7
Wholesale Shop10.2

Location

404 22Nd Ave N Myrtle Beach, SC 29577
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1201 Kings, Myrtle Beach, SC 29577-4504 $88,500 May 2025 3,552 SF
5913 Kings, Myrtle Beach, SC 29577-2329 $390,000 Apr 2025 3,200 SF
2817 Oak, Myrtle Beach, SC 29577-3133 $350,000 Jan 2025 3,625 SF
311 4th S, Myrtle Beach, SC 29577 $1,300,000 Dec 2024 5,318 SF
2204 Kings, Myrtle Beach, SC 29577-3043 $1,200,000 Sep 2024 6,004 SF
Hwy 501, Myrtle Beach, SC 29577 $650,000 Jun 2024 3,825 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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