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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Commercial land
420 Platt Blvd Surfside Beach, SC 29575-5120
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-1707243
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1973
Total area
1,964 SF
Lot
0.95 ac (41,382 SF)
Zoning code
HC
APN
459-10-03-0083
UPID
US77-1707243
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
$470k
CAP Approach
CAP
$385k
Comparable Approach
Comparable
$779k
Blend (final)
Blend
$580k
Owner & transaction history
Deerfield Realty Of Surfside LLC · 20 yrs held
Deerfield Realty Of Surfside LLC
since 2006
3 recorded transactions
Zoning & alternative use
HC · Surfside Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Surfside Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surfside 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
$470,000
CAP Approach
CAP Return
Estimation
6%
$415,000
6.5%
$385,000
7%
$355,000
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$295 / 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
$2,248
Tax year 2023
Assessed value
$11,824
Assessed 2023
Previous assessed
$11,824
+0.0% YoY
Effective rate
19.01%
On assessed value
Assessed land
$11,824
Land market value
$197,070
Total market value
$197,070
Applied tax rate
660.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1973
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
1,964 SF
Lot
0.95 ac (41,382 SF)
Zoning code
HC
APN
459-10-03-0083
UPID
US77-1707243
Jurisdiction
HORRY
Zoning & alternative use
HC · Surfside Beach, SC
Zoning HC · permitted uses
HC · Surfside Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Surfside Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
HEAT PUMP
Cooling
Yes
Lot
0.95 ac
Current owner
From public records · entity-resolved
Deerfield Realty Of Surfside LLC
Entity
Free & Clear · 20 yrs held
Mailing address
3700 PALMETTO POINTE BLVD, MYRTLE BEACH, SC 29588-1184
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2008
—
Deerfield Realty Of Surfside LLC
—
Deed Of Trust
related
$250,000 · South Atlantic Bk
Apr 24, 2006
$199,800
Deerfield Realty Of Surfside LLC
Nelson L Hardwick
Warranty Deed
—
—
—
Mach 1 Of Sc LLC
—
Deed Of Trust
related
$205,078 · Coastal Carolina 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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