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Property profile & analytics
OFF-MARKET
Estimated value
$2,695,000
Car washes
509 Gdn City Connector Murrells Inlet, SC 29576-7847
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-2288064
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2017
Construction
CONCRETE
Total area
5,129 SF
Lot
1.04 ac (45,302 SF)
APN
462-15-04-0128
UPID
US77-2288064
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
$3.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.78M
Blend (final)
Blend
$2.70M
Owner & transaction history
Spirit Realty LP · 4 yrs held
Spirit Realty LP
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.1M
+30.6%
Restaurant
$1.8M
+11.0%
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 Murrells Inlet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murrells Inlet 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
$3,140,000
ML approach
$3,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,620,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,115,000
Change: +31% · Conversion: Difficult
RESTAURANT
$1,800,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$2.70M
Range $2.43M – $2.96M · ±10% · vs last sale $2.22M (Apr 11 2022)
Last sale anchor
$2.22M
Apr 11 2022
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
$525 / 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
$21,713
Tax year 2023
Assessed value
$69,366
Assessed 2023
Previous assessed
$69,366
+0.0% YoY
Effective rate
31.30%
On assessed value
Assessed land
$21,840
Assessed improvement
$47,526
Land market value
$364,000
Improvement market value
$792,100
Total market value
$1,156,100
Applied tax rate
610.0000
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2017
Construction
CONCRETE
Heating
NONE
Total area
5,129 SF
Lot
1.04 ac (45,302 SF)
APN
462-15-04-0128
UPID
US77-2288064
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
AUTO REPAIR, GARAGE Current
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
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
2017
Construction
CONCRETE
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Spirit Realty LP
Entity
Free & Clear · 4 yrs held
Mailing address
2727 N HARWOOD ST STE #300, DALLAS, TX 75201-2407
Ownership since
2022
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
Apr 11, 2022
$2,222,902
Spirit Realty LP
Detrick Family LP
Warranty Deed
—
May 27, 2021
—
Detrick Family LP
L & L LLC
Warranty Deed
—
Jun 8, 2017
—
South Carolina Public Svc Auth
L & L LLC
Affidavit Of Death
related
—
Jun 21, 2016
$600,000
L & L LLC
Howard Dargan Group LLC
Grant Deed
—
Jun 20, 2016
$365,000
Howard Dargan Group LLC
Fbsa 1llc
Grant Deed
$328,500 · Anderson Brothers Bk
Mar 15, 2012
—
Fbsa 1 LLC
Capital Bk
Grant Deed
related
—
—
—
L & L LLC
—
Deed Of Trust
related
$3,200,000 · Wells Fargo 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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