Back to Search
Property profile & analytics
FOR SALE
Office buildings
4702 Oleander Dr Myrtle Beach, SC 29577
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1970172
For Sale
1 / 60
$2,150,000
4702 Oleander Dr, Myrtle Beach, SC 29577
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
CONCRETE
Total area
9,432 SF
Lot
0.7 ac (30,492 SF)
Zoning code
OPI
APN
420-11-03-0062
UPID
US77-1970172
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
-
Clifford H Tall Law Office Law Firm
-
Coastal Shores Realty Real Estate Agency
-
Southwest Funding Loan Service Bank
-
Tracey Freeman – Speaker, Trainer & Coach Life Coach
-
Touch of Ge’Ana Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.67M
CAP Approach
CAP
$1.90M
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$1.53M
Owner & transaction history
Num 4702oleander LLC · 2 yrs held
Num 4702oleander LLC
since 2024
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
OPI · 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
$1,670,000
ML approach
$1,665,000
CAP Approach
CAP Return
Estimation
6%
$2,050,000
6.5%
$1,895,000
7%
$1,760,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,300,000
Current use
RESTAURANT
$2,180,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.25M (Apr 3 2024)
Last sale anchor
$1.25M
Apr 3 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
$162 / 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
$13,438
Tax year 2023
Assessed value
$51,200
Assessed 2023
Previous assessed
$51,200
+0.0% YoY
Effective rate
26.25%
On assessed value
Assessed land
$14,636
Assessed improvement
$36,564
Land market value
$243,940
Improvement market value
$773,800
Total market value
$1,017,740
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
For Sale
Year built
1987
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
9,432 SF
Lot
0.7 ac (30,492 SF)
Zoning code
OPI
APN
420-11-03-0062
UPID
US77-1970172
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
$2.3M
RESTAURANT
Est. value
$2.2M
OFFICE BUILDING Current
RESTAURANT
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
1987
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.7 ac
Current owner
From public records · entity-resolved
Num 4702oleander LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1856 WAWONA ST, SAN FRANCISCO, CA 94116-2926
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2024
$1,250,000
Num 4702oleander LLC
Betty Sun Wong
Warranty Deed
—
Nov 22, 2021
$1,050,000
Betty Sun Wong
Cjr Dev Corp
Warranty Deed
$560,000 · Synovus Bank
—
—
Cjr Dev Corp
—
Deed Of Trust
related
$425,000 · First Citizens 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?”
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.
