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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Turn key restaurants
4104 Hwy 17th S North Myrtle Beach, SC 29582-5161
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US77-2000908
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Construction
CONCRETE
Total area
5,840 SF
Lot
1.22 ac (53,143 SF)
APN
391-03-01-0008
UPID
US77-2000908
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$1.69M
Owner & transaction history
Northside Building Grp LLC · 5 yrs held
Northside Building Grp LLC
since 2021
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.4M
+17.6%
Commercial (general)
$2.3M
+10.2%
Retail stores
$2.1M
+4.8%
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 North Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$2,065,000
ML approach
$2,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,050,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,410,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,260,000
Change: +10% · Conversion: Easy
RETAIL STORES
$2,145,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,845,000
Change: -10% · Conversion: Difficult
MEDICAL BUILDING
$1,760,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±10% · vs last sale $1.30M (Apr 1 2021)
Last sale anchor
$1.30M
Apr 1 2021
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
$289 / 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
$20,862
Tax year 2023
Assessed value
$86,220
Assessed 2023
Effective rate
24.20%
On assessed value
Assessed land
$49,410
Assessed improvement
$36,810
Land market value
$823,500
Improvement market value
$613,500
Total market value
$1,437,000
Applied tax rate
550.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
5,840 SF
Lot
1.22 ac (53,143 SF)
APN
391-03-01-0008
UPID
US77-2000908
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
RESTAURANT Current
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.8M
RESTAURANT Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2008
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
1.22 ac
Current owner
From public records · entity-resolved
Northside Building Grp LLC
Entity
Mailing address
721 SEABOARD ST, MYRTLE BEACH, SC 29577-6520
Ownership since
2021
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
May 20, 2022
—
Northside Building Group
—
Deed
related
$1,790,000 · South Atlantic Bank
Aug 19, 2021
—
Northside Building Grp LLC
—
Deed
related
$1,575,000 · Pinnacle Bank
Apr 1, 2021
$1,300,000
Northside Building Grp LLC
Dt Investments Of Nmb LLC
Warranty Deed
$975,000 · Pinnacle Bank
Aug 27, 2009
$1,000,000
Dt Investments Of Nmb LLC
Barefoot Commons LLC
Grant Deed
—
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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