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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Retail space
512 Kings Hwy Myrtle Beach, SC 29577-4409
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1937733
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
10,050 SF
Lot
1.22 ac (53,143 SF)
Zoning code
C-2
APN
443-11-02-0145
UPID
US77-1937733
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
-
Amy Warren Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
$2.26M
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.75M
Owner & transaction history
Guaranty Holdings Of California INC · 2 yrs held
Guaranty Holdings Of California INC
since 2024
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
C-2 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.9M
+58.7%
Office building
$2.5M
+36.4%
Restaurant
$2.3M
+29.3%
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
$1,750,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
$2,440,000
6.5%
$2,255,000
7%
$2,095,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,800,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,855,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$2,455,000
Change: +36% · Conversion: Easy
RESTAURANT
$2,325,000
Change: +29% · Conversion: Easy
WAREHOUSE, STORAGE
$1,510,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (Mar 15 2024)
Last sale anchor
$1.75M
Mar 15 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
$174 / 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
$23,231
Tax year 2023
Assessed value
$82,031
Assessed 2023
Previous assessed
$82,031
+0.0% YoY
Effective rate
28.32%
On assessed value
Assessed land
$44,640
Assessed improvement
$37,391
Land market value
$744,000
Improvement market value
$1,249,600
Total market value
$1,993,600
Applied tax rate
899.0000
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
1999
Heating
SOLAR
Cooling
CENTRAL
Stories
1
Total area
10,050 SF
Lot
1.22 ac (53,143 SF)
Zoning code
C-2
APN
443-11-02-0145
UPID
US77-1937733
Jurisdiction
HORRY
Zoning & alternative use
C-2 · Myrtle Beach, SC
Zoning C-2 · permitted uses
C-2 · 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
RETAIL STORES Current
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.5M
RESTAURANT
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$1.5M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
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
1999
Heating
SOLAR
Cooling
Yes
Stories
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Guaranty Holdings Of California INC
Entity
Free & Clear · 2 yrs held
Mailing address
512 S KINGS HWY, MYRTLE BEACH, SC 29577-4409
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
Mar 15, 2024
$1,750,000
Guaranty Holdings Of California INC
Rgi Myrtle Beach LLC
Warranty Deed
—
Jun 14, 2000
$3,265,000
Rgi,mb LLC
—
Grant Deed
related
—
—
—
Rgi Myrtle Beach LLC
—
Deed Of Trust
related
$2,200,000 · 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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