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Property profile & analytics
OFF-MARKET
Estimated value
$4,610,000
Strip malls
4505 Socastee Blvd Myrtle Beach, SC 29588-7265
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-0848560
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Construction
CONCRETE
Total area
7,925 SF
Lot
2.32 ac (101,059 SF)
Zoning code
HC
APN
440-12-02-0022
UPID
US77-0848560
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
-
Laundromat (Bike/Boat/Book/etc) Store
-
Botanica Divina Metaphysical Supply Store Spiritist Center
-
Brasa Viva Restaurant Restaurant
-
Paleteria y Neveria The Michoacanas Grocery & Convenience Store Specialty Food Shop
-
Del Dogs Grooming Salon Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.61M
Owner & transaction history
Dhtushma LLC · 4 yrs held
Dhtushma LLC
since 2022
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
HC · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Commercial (general)
$4.1M
+293.3%
Apartment house (5+ units)
$3.5M
+235.9%
Restaurant
$3.5M
+232.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,180,000
6.5%
$2,010,000
7%
$1,870,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,085,000
Change: +293% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,490,000
Change: +236% · Conversion: Difficult
RESTAURANT
$3,450,000
Change: +232% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,990,000
Change: +188% · Conversion: Difficult
MEDICAL BUILDING
$2,390,000
Change: +130% · Conversion: Difficult
OFFICE BUILDING
$1,815,000
Change: +75% · Conversion: Moderate
Blend value · Realmo final
$4.61M
Range $4.15M – $5.07M · ±10% · vs last sale $3.27M (Jul 5 2022)
Last sale anchor
$3.27M
Jul 5 2022
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
$582 / 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
$42,987
Tax year 2023
Assessed value
$148,854
Assessed 2023
Previous assessed
$148,854
+0.0% YoY
Effective rate
28.88%
On assessed value
Assessed land
$34,944
Assessed improvement
$113,910
Land market value
$582,400
Improvement market value
$1,898,500
Total market value
$2,480,900
Applied tax rate
630.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
7,925 SF
Lot
2.32 ac (101,059 SF)
Zoning code
HC
APN
440-12-02-0022
UPID
US77-0848560
Jurisdiction
HORRY
Zoning & alternative use
HC · Myrtle Beach, SCZoning HC · permitted uses
HC · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
RESTAURANT
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE 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
1990
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
2.32 ac
Current owner
From public records · entity-resolved
Dhtushma LLC
Entity
Mailing address
915 ARROWHEAD DR, ROCK HILL, SC 29730-3325
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
$3,265,000
Dhtushma LLC
Pia Plaza LLC
Warranty Deed
$2,100,000 · Alliance Bank And Trust
Jan 2, 2020
$1,488,000
Pia Plz LLC
Socastee Plz LLC
Warranty Deed
—
Aug 19, 2015
$950,000
Socastee Plaza LLC
Sbc III Reo LLC
Grant Deed
—
Aug 6, 2012
$889,583
Sbc III Reo LLC
Ameris Bk
Grant Deed
—
Jan 13, 2012
$1,750,000
Ameris Bk
Master In Equity Of Horry Cnty
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Oct 11, 2002
$1,300,000
L Barry O'leary
—
Grant Deed
—
—
—
Seacam LLC
—
Deed Of Trust
related
$2,240,180 · Ameris Bk
—
—
Seacam LLC
—
Deed Of Trust
related
$975,000 · Beach First Nat'l Bk
—
—
Seacam LLC
—
Deed Of Trust
related
$1,202,735 · First Reliance 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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