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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Retail space
508 Hwy 17th Sbus, Surfside Beach, SC 29575-6059
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-1730548
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
CONCRETE
Total area
5,000 SF
Lot
0.39 ac (16,988 SF)
APN
461-01-04-0050
UPID
US77-1730548
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
$530k
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$840k
Owner & transaction history
Num 501s17bus LLC · 1 yrs held
Num 501s17bus LLC
since 2024
Last sale
$790,000
7 recorded transactions
Zoning & alternative use
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 Surfside Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surfside 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
$530,000
CAP Approach
CAP Return
Estimation
6%
$1,215,000
6.5%
$1,120,000
7%
$1,040,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,015,000
Current use
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $790k (Mar 27 2024)
Last sale anchor
$790k
Mar 27 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
$168 / 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
$9,370
Tax year 2023
Assessed value
$32,095
Assessed 2023
Previous assessed
$32,095
+0.0% YoY
Effective rate
29.19%
On assessed value
Assessed land
$10,125
Assessed improvement
$21,970
Land market value
$168,750
Improvement market value
$489,000
Total market value
$657,750
Applied tax rate
660.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
5,000 SF
Lot
0.39 ac (16,988 SF)
APN
461-01-04-0050
UPID
US77-1730548
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.0M
RETAIL STORES Current
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
2006
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.39 ac
Current owner
From public records · entity-resolved
Num 501s17bus LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1178 WATERWAY LN SBUS, MYRTLE BEACH, SC 29572-5776
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
—
501s17 Bus LLC
—
Deed
related
$590,000 · United Bank
Jun 27, 2024
$790,000
Num 501s17bus LLC
Bs Collective LLC
Warranty Deed
—
Mar 29, 2023
—
Bs Collective LLC
William Strydesky
Warranty Deed
—
Nov 18, 2015
$488,000
William Strydesky
Southeastern Cabinet Concepts
Grant Deed
—
May 11, 2005
—
Coastal Federal Bank
Southeastern Cabinet Concepts
Grant Deed
related
—
Aug 11, 2004
$134,600
Southeastern Cabinet Concepts
Gibraltar Ents LLC
Grant Deed
$100,270 · Coastal Fed'l Bk
—
—
Southeastern Cabinet Concepts
—
Deed Of Trust
related
$383,000 · Coastal Fed'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.
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