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Property profile & analytics
OFF-MARKET
Estimated value
$4,895,000
Turn key restaurants
4530 Hwy 17th S North Myrtle Beach, SC 29582-5253
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-1871653
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1974
Construction
STEEL FRAME
Total area
9,424 SF
Lot
2.13 ac (92,783 SF)
APN
391-02-03-0024
UPID
US77-1871653
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
-
Preston's Seafood & Country Buffet Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.90M
Owner & transaction history
Atlas Shrugged II LLC · 1 yrs held
Atlas Shrugged II LLC
since 2025
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.9M
+17.6%
Commercial (general)
$3.6M
+10.2%
Retail stores
$3.5M
+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
$4,480,000
ML approach
$4,605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,305,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,890,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,645,000
Change: +10% · Conversion: Easy
RETAIL STORES
$3,465,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,980,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$4.90M
Range $4.41M – $5.38M · ±10% · vs last sale $5.25M (Jan 17 2025)
Last sale anchor
$5.25M
Jan 17 2025
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
$519 / 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
$108,302
Assessed 2023
Assessed land
$82,303
Assessed improvement
$25,999
Land market value
$1,437,750
Improvement market value
$606,400
Total market value
$2,044,150
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
1974
Construction
STEEL FRAME
Heating
SOLAR
Cooling
CENTRAL
Total area
9,424 SF
Lot
2.13 ac (92,783 SF)
APN
391-02-03-0024
UPID
US77-1871653
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
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.6M
RETAIL STORES
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RESTAURANT Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1974
Construction
STEEL FRAME
Heating
SOLAR
Cooling
Yes
Lot
2.13 ac
Current owner
From public records · entity-resolved
Atlas Shrugged II LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4350 HWY 17TH S, NORTH MYRTLE BEACH, SC 29582-5157
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2025
$5,250,000
Atlas Shrugged II LLC
Prestons Land Holdings LLC
Warranty Deed
—
Jan 17, 2025
—
Atlas Shrugged II LLC
Preston's Land Holdings LLC
Warranty Deed
—
Nov 16, 2018
—
Prestons Land Hldgs LLC
—
Deed
related
$300,000 · Synovus Bk
Nov 17, 2016
—
Prestons Land Holdings LLC
—
Deed Of Trust
related
$300,000 · Synovus Bk
Oct 28, 2016
—
Prestons Land Holdings LLC
—
Deed
related
$30,000,000 · Synovus Bk
Dec 20, 2012
—
Prestons Family Restaurant In
—
Deed Of Trust
related
$250,000 · Nbsc
Oct 28, 2011
$2,000,000
Prestons Land Holdings LLC
Horry County
Grant Deed
related
$1,700,000 · Nbsc
—
—
Prestons Land Hldgs LLC
—
Deed Of Trust
related
$300,000 · Synovus Bk
—
—
Prestons Land Holdings LLC
—
Deed Of Trust
related
$30,000,000 · Synovus Bk
—
—
Prestons Land Holdings LLC
—
Deed Of Trust
related
$1,296,000 · Nbsc
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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