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Property profile & analytics
OFF-MARKET
Estimated value
$8,615,000
Golf courses & driving ranges
49 Myrtle Bank Rd Hilton Head Island, SC 29926
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US77-0715016
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1982
Total area
10,424 SF
Lot
190.21 ac (8,285,548 SF)
Zoning code
6615
APN
R510 002 00A 0567 0000
UPID
US77-0715016
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.62M
Owner & transaction history
Hgc Oyster Reef LLC · 6 yrs held
Hgc Oyster Reef LLC
since 2020
Last sale
$8.6M
7 recorded transactions
Zoning & alternative use
6615 · Hilton Head Island, 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 Hilton Head Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilton Head Island 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
$10,240,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.62M
Range $7.75M – $9.48M · ±10% · vs last sale $8.62M (Jan 31 2020)
Last sale anchor
$8.62M
Jan 31 2020
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
$826 / 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
$90,177
Tax year 2023
Assessed value
$315,000
Assessed 2023
Previous assessed
$440,400
-28.5% YoY
Effective rate
28.63%
On assessed value
Land market value
$2,843,700
Improvement market value
$2,406,300
Total market value
$5,250,000
Applied tax rate
510.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1982
Heating
NONE
Total area
10,424 SF
Lot
190.21 ac (8,285,548 SF)
Zoning code
6615
APN
R510 002 00A 0567 0000
UPID
US77-0715016
Jurisdiction
BEAUFORT
Zoning & alternative use
6615 · Hilton Head Island, SC
Zoning 6615 · permitted uses
6615 · Hilton Head Island, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hilton Head Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
190.21 ac
Current owner
From public records · entity-resolved
Hgc Oyster Reef LLC
Entity
Mailing address
100 SAINT PAUL ST STE #800, DENVER, CO 80206-5144
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2026
—
Hgc Oyster Reef LLC
—
Deed
related
$164,000,000 · Us Bank Trust Company National Associati
May 8, 2020
—
Hgc Oyster Reef LLC
—
Deed
related
$4,000,000 · Wells Fargo Bank NA
Jan 31, 2020
$8,616,035
Hgc Oyster Reef LLC
Heritage Golf Oyster Reef LLC
Grant Deed
—
Nov 22, 2019
—
Heritage Golf Oyster Reef LLC
—
Deed
related
$3,590,244 · Miscellaneous Ins Co
Nov 6, 2018
—
Heritage Golf Oyster Reef LLC
—
Deed
related
$3,590,244 · Miscellaneous Ins Co
Oct 17, 2014
—
Heritage Golf Oyster Reef LLC
—
Grant Deed
related
$3,590,244 · Miscellaneous Ins Co
Jan 24, 2005
$9,000,000
Heritage Golf Oyster Reef LLC
Ngp Realty Sub
Grant Deed
—
Jan 24, 2005
—
Heritage Golf Oyster Reef LLC
Ngp Realty Sub LP
Quit Claim Deed
related
—
Mar 15, 2004
—
Ngp Realty Sub
National Golf Operating Ptshp
Quit Claim Deed
related
—
—
—
Heritage Golf Oyster Reef LLC
—
Loan Modification
related
$3,590,244 · Miscellaneous Ins Co
—
—
Heritage Golf Oyster Reef LLC
—
Loan Modification
related
$3,590,244 · Miscellaneous Ins Co
—
—
Heritage Golf Oyster Reef LLC
—
Loan Modification
related
$3,590,244 · Miscellaneous Ins Co
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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