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Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Automotive properties
4663 Hwy 501 Myrtle Beach, SC 29579-9442
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-0660662
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2004
Construction
STEEL FRAME
Total area
36,396 SF
Lot
10 ac (435,600 SF)
Zoning code
HC
APN
417-00-00-0017
UPID
US77-0660662
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
$4.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.00M
Owner & transaction history
Rps Myrtle Beach Re LLC · 1 yrs held
Rps Myrtle Beach Re LLC
since 2024
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
HC · Myrtle 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 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
$4,000,000
ML approach
$4,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±10% · vs last sale $4.00M (Nov 4 2024)
Last sale anchor
$4.00M
Nov 4 2024
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
$110 / 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
$36,663
Tax year 2023
Assessed value
$155,250
Assessed 2023
Effective rate
23.62%
On assessed value
Assessed land
$69,000
Assessed improvement
$86,250
Land market value
$3,267,000
Improvement market value
$4,286,800
Total market value
$7,553,800
Applied tax rate
600.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
36,396 SF
Lot
10 ac (435,600 SF)
Zoning code
HC
APN
417-00-00-0017
UPID
US77-0660662
Jurisdiction
HORRY
Zoning & alternative use
HC · Myrtle Beach, SC
Zoning 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
Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
10 ac
Current owner
From public records · entity-resolved
Rps Myrtle Beach Re LLC
Entity
Mailing address
9057 MARINA PKWY, MYRTLE BEACH, SC 29572-8132
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2025
—
Rps Myrtle Beach Re LLC
—
Deed
related
$1,608,260 · Pinnacle Bank
Nov 4, 2024
$4,000,000
Rps Myrtle Beach Re LLC
Brooks Dunes Properties LLC
Warranty Deed
$3,400,000 · Pinnacle Bank
Nov 20, 2020
—
Brooks Dunes Props LLC
Yamaha Cycle Ctr INC
Warranty Deed
related
—
Jan 30, 2014
—
Yamaha Cycle Center INC
—
Deed Of Trust
related
$2,200,000 · Bank Of America
Jul 22, 2011
—
Yamaha Cycle Center INC
Formo Properties LLC
Quit Claim Deed
related
—
Jul 22, 2011
$30,000
Yamaha Cycle Center INC
Formo Properties LLC
Grant Deed
—
Jul 11, 2008
—
Formo Properties LLC
—
Deed Of Trust
related
$500,000 · Carolina First Bk
Jul 3, 2007
—
Formo Properties LLC
Jonathan E Formo
Quit Claim Deed
related
$3,750,000 · General Elec Cap
Jun 4, 2003
$975,000
Jonathan E Formo
—
Grant Deed
related
—
—
—
Yamaha Cycle Center INC
—
Loan Modification
related
$2,300,000 · General Elec Cap
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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