Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Office buildings
4605 Oleander Dr Myrtle Beach, SC 29577-5739
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-1922004
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2010
Construction
CONCRETE
Total area
4,400 SF
Lot
0.14 ac (6,098 SF)
Zoning code
OPI
APN
420-11-03-0041
UPID
US77-1922004
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
-
Shields Vance C DDS Dental Office
-
Correll Insurance Group Inc. Insurance Agency
-
John T Cook & Associates, a Division of Correll Insurance Group Insurance Agency
-
Pyle Financial Services Financial Advisor
-
Brunty Law Firm Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$846k
Blend (final)
Blend
$895k
Owner & transaction history
Tg Of The Pee Dee LLC · 4 yrs held
Tg Of The Pee Dee LLC
since 2022
Last sale
$945,000
7 recorded transactions
Zoning & alternative use
OPI · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+23.4%
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%
$955,000
6.5%
$885,000
7%
$820,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,075,000
Current use
MEDICAL BUILDING
$1,325,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $945k (Apr 13 2022)
Last sale anchor
$945k
Apr 13 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
$203 / 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
$11,364
Tax year 2023
Assessed value
$32,867
Assessed 2023
Previous assessed
$32,867
+0.0% YoY
Effective rate
34.58%
On assessed value
Assessed land
$2,982
Assessed improvement
$29,885
Land market value
$49,700
Improvement market value
$593,100
Total market value
$642,800
Applied tax rate
800.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
NONE
Total area
4,400 SF
Lot
0.14 ac (6,098 SF)
Zoning code
OPI
APN
420-11-03-0041
UPID
US77-1922004
Jurisdiction
HORRY
Zoning & alternative use
OPI · Myrtle Beach, SC
Zoning OPI · permitted uses
OPI · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING Current
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
2010
Construction
CONCRETE
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Tg Of The Pee Dee LLC
Entity
Mailing address
2374 FREEDOM BLVD APT C3, FLORENCE, SC 29505-6194
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2022
$945,000
Tg Of The Pee Dee LLC
Pyle Holdings LLC
Warranty Deed
$686,250 · United Bank
Mar 10, 2015
$497,500
Pyle Holdings LLC
2 B & C Holdings LLC
Grant Deed
related
$1,140,000 · Live Oak Bkg
Mar 18, 2011
$389,500
2 B & C Holdings LLC
Slf IV Of Sbi Oleander Office LLC
Grant Deed
related
—
Dec 28, 2010
—
Slf IV Of Sbi Oleander Office LLC
Office Park Partners LLC
Deed In Lieu Of Foreclosure
related
—
Feb 1, 2006
$318,000
Office Park Partners LLC
Jack L Green Pa
Grant Deed
—
Apr 18, 2001
$82,000
Jack L Green Pa
—
Grant Deed
—
—
—
Office Park Partners LLC
—
Deed Of Trust
related
$816,000 · National Bk/sc
—
—
2b & C Holdings LLC Par
—
Deed Of Trust
related
$313,750 · Conway 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4605 Oleander Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
