Individually Owned Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1974
Total area
2,918 SF
Lot
0.37 ac (16,117 SF)
Zoning code
NC
APN
391-04-04-0150
UPID
US77-1983420
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bar & Pub
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$650k
Blend (final)
Blend
$430k
Owner & transaction history
since 2010
2 recorded transactions
Zoning & alternative use
NC · North Myrtle Beach, SC
Zoning description
Sec. 23-23. - NC Neighborhood Commercial District. (1) Purpose: To establish areas for those commercial facilities which are useful in close proximity to residential areas and areas for employment activity and service to…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$430k
Value range
$387k – $473k
±10% around blend
Estimated value / SF
$147 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$387k
blend $430k
$473k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,918 SF
Lot area
0.37 ac
Year built
1974
APN
391-04-04-0150
Zoning
NC
Assessed value
$16,468
Annual tax
$3,777
3
Income approach: direct capitalization
Partial preview
Income approach indication
$570k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$615k
@ 6.5% CAP return
$570k
@ 7% CAP return
$530k
4
Sales comparison
Partial preview
Sales approach indication
$650k
Range $446k – $2.31M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$430k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 208 sales
$387
-62%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $147/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
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Overview
Implied cap rate
8.60%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.60%
9.0%
NOI (est.)
$1k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$13k
Move the market yield to see immediate price impact.
Value / SF
$5
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.10%8.60%9.10%
$1k
$13k
$12k
$11k
$1k
$14k
$13k
$13k
$1k
$16k
$15k
$14k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,777
Tax year 2023
Assessed value
$16,468
Assessed 2023
Effective rate
22.94%
On assessed value
Assessed land
$16,303
Assessed improvement
$165
Land market value
$391,160
Improvement market value
$4,000
Total market value
$395,160
Applied tax rate
550.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1974
Heating
SOLAR
Cooling
CENTRAL
Total area
2,918 SF
Lot
0.37 ac (16,117 SF)
Zoning code
NC
APN
391-04-04-0150
UPID
US77-1983420
Jurisdiction
HORRY
Zoning & alternative use
NC · North Myrtle Beach, SCZoning NC · permitted uses
NC · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Sec. 23-23. - NC Neighborhood Commercial District. (1) Purpose: To establish areas for those commercial facilities which are useful in close proximity to residential areas and areas for employment activity and service to…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1974
Heating
SOLAR
Cooling
Yes
Lot
0.37 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
NC
COMMERCIAL
Jurisdiction
North Myrtle Beach, SC
Recorded code
NC
Official district
NC
Official district profile
What the municipal code says about NC
Zoning description
Sec. 23-23. - NC Neighborhood Commercial District. (1) Purpose: To establish areas for those commercial facilities which are useful in close proximity to residential areas and areas for employment activity and service to…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NC in North Myrtle Beach, SC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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