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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Office buildings
4102 Carolina Commercial Dr Myrtle Beach, SC 29579-4222
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-1955477
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Construction
CONCRETE
Total area
3,000 SF
Lot
1.3 ac (56,628 SF)
APN
399-11-04-0016
UPID
US77-1955477
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
-
Waccamaw Pools Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$560k
Owner & transaction history
Carona Carolina Hldgs LLC · 6 yrs held
Carona Carolina Hldgs LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$905,000
+31.6%
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
$480,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$685,000
Current use
MEDICAL BUILDING
$905,000
Change: +32% · Conversion: Easy
RETAIL STORES
$610,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$187 / 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
$8,346
Tax year 2023
Assessed value
$36,716
Assessed 2023
Previous assessed
$36,716
+0.0% YoY
Effective rate
22.73%
On assessed value
Assessed land
$16,988
Assessed improvement
$19,728
Land market value
$283,140
Improvement market value
$328,800
Total market value
$611,940
Applied tax rate
100.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Construction
CONCRETE
Heating
NONE
Total area
3,000 SF
Lot
1.3 ac (56,628 SF)
APN
399-11-04-0016
UPID
US77-1955477
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$685,000
MEDICAL BUILDING
Est. value
$905,000
RETAIL STORES
Est. value
$610,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
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
2013
Construction
CONCRETE
Heating
NONE
Lot
1.3 ac
Current owner
From public records · entity-resolved
Carona Carolina Hldgs LLC
Entity
Mailing address
5401 N CENTRAL EXPY, DALLAS, TX 75205-3362
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Aug 14, 2019
$1,280,000
Carona Carolina Hldgs LLC
Waccamaw Hldgs LLC
Grant Deed
$1,024,000 · Crossfirst Bk
Jun 28, 2013
—
Waccamaw Holdings LLC
—
Deed Of Trust
related
$375,000 · South Atlantic Bk
Feb 13, 2013
$78,000
Waccamaw Holdings LLC
Bank Of Nc
Warranty Deed
related
—
Jan 23, 2013
$54,000
Bank Of Nc
Special Referee Of Horry Cnty
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
May 2, 2006
$265,000
Dentistry Of Carolina Forest LLC
Paper Realty C International
Grant Deed
$238,500 · Beach First Nat'l Bk
—
—
Dentistry Of Carolina Forest LLC
—
Deed Of Trust
related
$277,046 · Beach First Nat'l Bk
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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