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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Mobile home & RV parks
425 Waties Dr Murrells Inlet, SC 29576-7094
Individually Owned
1-yr Hold
Free & Clear
Property ID
US77-2025304
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1984
Construction
WOOD
Total area
7,144 SF
Lot
187.64 ac (8,173,598 SF)
Zoning code
MHP
APN
463-00-00-0033
UPID
US77-2025304
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Transportation South Carolina Depar · 1 yrs held
Transportation South Carolina Depar
since 2024
4 recorded transactions
Zoning & alternative use
MHP · Murrells Inlet, 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 Murrells Inlet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murrells Inlet 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
$381 / 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
Assessed value
$1,160,646
Assessed 2023
Assessed land
$677,052
Assessed improvement
$483,594
Land market value
$11,284,200
Improvement market value
$8,059,900
Total market value
$19,344,100
Applied tax rate
610.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
SOLAR
Cooling
CENTRAL
Buildings
5
Total area
7,144 SF
Lot
187.64 ac (8,173,598 SF)
Zoning code
MHP
APN
463-00-00-0033
UPID
US77-2025304
Jurisdiction
HORRY
Zoning & alternative use
MHP · Murrells Inlet, SC
Zoning MHP · permitted uses
MHP · Murrells Inlet, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murrells Inlet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
SOLAR
Cooling
Yes
Buildings
5
Lot
187.64 ac
Current owner
From public records · entity-resolved
Transportation South Carolina Depar
Individual
Free & Clear · 1 yrs held
Mailing address
27777 FRANKLIN RD STE #200, SOUTHFIELD, MI 48034-8205
Ownership since
2024
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
Sep 18, 2024
—
Transportation South Carolina Depar
Sun Ocean Pines LLC
Warranty Deed
—
Nov 7, 2019
—
Sun Ocn Pines LLC
Sun Jensen LLC
Quit Claim Deed
related
—
Jan 5, 2012
—
Thrift,james R & Joann B
—
Deed Of Trust
related
$23,000 · Mark A & Timothy N Hellman
Dec 13, 2011
—
Hellman,mark A & Timothy N
—
Deed Of Trust
related
$23,000 · James R & Joann B Thrift
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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